Educational Information Only
The content on this page is for general educational purposes and does not constitute legal advice. Every legal situation is unique. For matters involving investigation, arrest, litigation, or formal proceedings, consult a qualified legal professional.
Petroleum Act
พระราชบัญญัติปิโตรเลียม · Petroleum Act · B.E. 2514 (1971)
Overview
The Petroleum Act B.E. 2514 (1971) governs the upstream petroleum industry: concession and production-sharing contracts, exploration, production, royalty, and the role of the Department of Mineral Fuels. Concurrent with the Petroleum Income Tax Act B.E. 2514 (1971) which sets the special tax regime.
- Promulgating authority
- Parliament
- พระราชบัญญัติ
- Enacted
- B.E. 2514 (1971)
- Official text
- https://www.krisdika.go.th/
Key Sections2
The 2 sections most frequently cited in practice or relevant to foreigners. Click any section for a deep-linkable page suitable for sharing.
Amendments
Amendment in 2017 introduced the option of production-sharing contracts alongside the historic concession model.
The summaries on this page are plain-English educational paraphrases — not authoritative translations. For the binding wording you must consult the Royal Gazette publication or the consolidated text at the Office of the Council of State. Educational use only — not a substitute for advice from a Thai-qualified lawyer.
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