This undated handout photo shows an offshore oil platform off the Cambodian coast. (Cambodia’s Ministry of Mines and Energy via AFP photo)
PHNOM PENH: Cambodia has begun extracting its first crude oil from fields in the Gulf of Thailand, in a venture between Singapore’s KrisEnergy Ltd and the government, both parties said on Tuesday, bringing an end to years of delays.
Prime Minister Hun Sen an-nounced the news on social media while KrisEnergy said the concession started production on Monday and would progress in phases once new wells were commissioned and completed.
“I … am pleased to inform all Cambodians about the start of Cambodia’s first oil production in the long-awaited Block A,” Hun Sen said on his Facebook page.
Kelvin Tang, chief executive of KrisEnergy’s Cambodian operations, called the…
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.