Energy MoU with Russia endorsed
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The Cabinet Friday endorsed the memorandum of understanding between Thailand and Russia's energy ministries, which calls for cooperation in the areas involving oil, natural gas, coal, electricity, renewable energy and alternative energy and others.
Deputy Government Spokesman Phakdeeharn Himathongkham unveiled that under the MoU, both sides will set up a joint working group, to devise long-term strategies and propose measures necessary to support their strategies.
The MoU will cover a 3-year period, renewable for another three years but the life of projects forged under the MoU could be longer.
