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Byline: Boonsong Kositchotethana
Jan. 7--Unocal Thailand, part of Unocal Corp, the American energy giant, is gearing up to double crude oil production from its Gulf of Thailand fields this year to as much as 18,000 barrels per day.
However, the exact timing of the increase is pending approval from the Industry Ministry which first received the application for a production licence for the Yala field in September 2000.
"We can ramp up oil production as soon as the licence is approved," said Tara Tiradnakorn, the vice-president for operations of Unocal Thailand.
The prolific Yala field will be instrumental to the planned increase in ...