Former deputy prime minister MR Pridiyathorn Devakula explains why he rejects a bid to form a national oil corporation, during a media briefing at the Thai Journalists' Association in Bangkok on Monday. Section 10/1 of the bill stated that a national oil corporation would be set up "when all is in readiness", he said. A group of military officers was behind the addition of the new provision in the Petroleum Bill prior to its second reading, MR Pridiyathorn said. "It is strange that the first reading of the Petroleum Bill did not include the national oil corporation. The irregularity can be stopped if the NLA votes against this bill, which may affect the nation," MR Pridiyathorn said.

Source: Bangkok Post March 27, 2017 11:15 UTC