Loading...

 30-Apr-19, Asia Times 

Amid electricity cuts, parched hydropower dams and millions of dollars of blackout-related economic losses, a bright spot could be emerging on Cambodia’s energy front.

Cambodia dreams of an oil gushing bonanza (c) KrisEnergy Facebook

Image: KrisEnergy / Facebook

After nearly two decades of false starts, Cambodia has announced it will begin to extract oil for the first time later this year, representing a potential rich new source of energy and revenue.

Extraction is expected to begin by the end of this year from the so-called "Apsara" oil field, situated in a 5,000 square kilometer area of the Gulf of Thailand known as Block A.

 Read the full article 

 Chemical & Energy insights 

Share