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 — Royalty
Petroleum Act (พระราชบัญญัติปิโตรเลียม) — Section 53.
Plain-English Summary
Sliding-scale royalty based on production volumes and onshore/offshore.
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: 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.
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