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 Section 53 — Arbitration of concession disputes
Petroleum Act (พระราชบัญญัติปิโตรเลียม) — Section 53.
Plain-English Summary
Section 53 sends two kinds of dispute to arbitration under the procedure set in the concession if the parties cannot agree: a dispute over the Minister's order that the concessionaire remedy a ground for revocation under Section 52, and a dispute over whether the concession has been complied with. If the concessionaire does not comply with the arbitral award, or does not comply in time, the Minister may revoke all or part of the concessionaire's rights or benefits, or revoke the concession.
Official Text
Official Thai text at the Royal Gazette / Office of the Council of State. Translation summary only.
Consult official sourceParent Statute
Petroleum Act
พระราชบัญญัติปิโตรเลียม · B.E. 2514 (1971)
The Petroleum Act B.E. 2514 (1971) governs the upstream petroleum industry. It declares petroleum to belong to the State and requires anyone exploring or producing it to hold a concession, a production-sharing contract or a service contract (Section 23). It regulates exploration blocks and production areas, the Petroleum Committee, royalty, the special remuneratory benefit, decommissioning and penalties, and gives a role to the Department of Mineral Fuels. Petroleum income is taxed under the separate law on petroleum income tax, which the Act cross-refers to.
The summary above is a plain-English educational paraphrase of Section 53 of the Petroleum Act. It is not an authoritative translation. For the binding Thai text, consult the Royal Gazette or the Office of the Council of State. Educational use only — not a substitute for advice from a Thai-qualified lawyer.
Professional Legal Assistance
When a matter involves investigation, arrest, detention, litigation, or regulatory action, professional legal representation becomes essential.
Anglo Siam Legal provides experienced legal services across Thailand for both Thai nationals and foreigners.
feedback.wasThisHelpful