TSIC Class
0520
Extraction of Petroleum and Natural Gas
Definition
The extraction of crude oil and natural gas from the earth for use in energy production.
Foreign ownership
List 2: Restricted, Cabinet routeinherited from 05
Mining, including rock blasting or rock crushing
Mineral concessions are separately governed by the Minerals Act, which carries its own nationality requirements.
FBA B.E. 2542, List 2, Chapter 3 (12)Routes: Cabinet permission, US Treaty of Amity
Auto-mapped, verify against the Act. These TSIC mappings are indicative, not legal advice; the schedules of the Foreign Business Act B.E. 2542 are the authority. See the full foreign ownership reference.
Activities under 0520
Emerhub
Restricted activity? There is usually a route.
Emerhub structures foreign-owned companies around FBA restrictions: Foreign Business Licence applications, BOI promotion, and compliant shareholding structures. Talk through your case before you commit to one.
Talk to Emerhub Thailand