NLA denies secret plan on national oil company

SATURDAY, APRIL 01, 2017
NLA denies secret plan on national oil company

The National Legislative Assembly (NLA) did not conceal a plan to set up the controversial national oil company (NOC), Surachai Liangboonlertchai, NLA first vice president, said on Saturday.

He said the government and the NLA did not want a confrontation between opponents and supporters of the idea to create the national oil company hence section 10/1 NOC was scrapped from the Petroleum Bill.
The government will decide later whether or not to create the NOC but at the moment there is a serious debate with sides arguing for and against the idea, he said. 
A feasibility study is needed first since many question the lack of details on the need to create the NOC. And if the government agrees to set up the NOC then it could propose the new bill for the NLA to deliberate on, Suchachai added.