Cambodia Prepares To Produce Its First Oil ...Middle East

OILPRICE - Economy
Cambodia Prepares To Produce Its First Oil
source : OILPRICE ( Middle East ) () 11
As Asian oil demand looks set to increase over the next decade, Cambodia is taking advantage of the opportunity with its first crude oil production.  Cambodia’s plan is to extract oil from the Gulf of Thailand oil fields in a joint project with Singapore's KrisEnergy Ltd, a plan that has seen several years of delays.  The development was announced by Prime Minister Hun Sen on social media, "The year 2021 is coming and we have received a huge gift for our nation — the first oil production in our territory". Going on to say,…

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