Progress in Thailand’s carbon capture and storage sector has been “steady but slow” according to global law firm Norton Rose Fulbright.
In an update, it highlighted three principal challenges which are holding back the sector’s growth in the Asian country.
Firstly, until a dedicated carbon capture and storage (CCS) statute is enacted, legal uncertainty persists which is dampening investor confidence.
Another impediment is that underground tenure and land-use rights for CCS are not yet clearly allocated, complicating feasibility studies and bankability assessments.
… to continue reading this article and more, please login, register for free, or consider subscribing to gasworld
You’ve reached your weekly limit to access free articles!
Want to keep reading?
Please register for free and create a profile to gain access to this full article and gasworld’s daily news.
For access to more content including our monthly digital magazines, subscriber-only features or columns and all our other gasworld archives, please consider subscribing.
Alternatively, you can continue reading more articles as a guest on Tuesday, 9th September at 10:28AM
