27 August 2010 08:36 [Source: ICIS news]
SINGAPORE (ICIS)--?xml:namespace>
“The court is just listening to the closing speeches from each party. They announced that the ruling will be on the second of September,” said the source.
The Ministry of Natural Resources of Thailand has yet to formally adopt the list put forth on Monday by the National Environmental Board on what constitutes “harmful industries”, which excluded downstream petrochemical projects, she said.
PTT, the biggest oil and gas producer in
But the court approval would be the final stamp needed for these stalled projects to proceed, the source said.
The
It was a ruling upheld in December last year by the Supreme Administrative Court on 65 projects but some projects had been cleared to proceed since the start of this year.
Some of the projects of Thai conglomerate Siam Cement Group in Mab Ta Phut were also included in the list of projects under suspension.
Among the 17 PTT projects, only the one involving monoethylene glycol may not get immediate approval and may be required to complete certain requirements like health impact assessments (HIA), the PTT source said.
PTT is currently conducting HIAs on all 24 projects that were initially suspended and should complete the process in November, the source added.
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