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.
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.