Cambodia Prepares To Produce Its First Oil
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.
Hun Sen hails extraction of Cambodia’s ‘first drop of oil’
CAMBODIAN premier Hun Sen announced on Tuesday that the kingdom had extracted its first drop of crude oil from its waters, a long-awaited milestone for one of South-east Asia’s poorest nations.
Cambodia starts first crude oil production
A US firm found oil in the southeast Asian nation’s waters back in 2004. But years of delays mean productions only kicked off on Monday. The government hopes to make an initial $500 million (€400 million) in revenues.
400MW fuel oil power plant in east Kandal all set to go online
Germany has committed a €30 million ($36.5 million) loan for Cambodia that aims to help undergird the Kingdom’s energy efficiency initiatives and rural power supply, its embassy in Phnom Penh said on December 14.
Germany invests $36 million in rural power
German Development Cooperation has invested 30 million euros ($36 million) in concessional lending to Cambodia to enhance energy efficiency and rural power supply.
Nearly 100 percent of Cambodia’s villages electrified
Nearly 100 percent of Cambodia’s villages electrified
China Huadian releases its first Cambodia Sustainable Development Report
BEIJING, Dec. 14, 2020 /PRNewswire/ — China Huadian Corporation (CHD) recently released Light up Cambodia: CHD Cambodia Sustainable Development Report, the first Cambodia Sustainable Development Report and the first country report issued by China Huadian Corporation Ltd.
Keeping it clean and green
Clean energy is playing a crucial role in the global economy and in keeping the planet green. Khmer Times reporter Jason Boken spoke with Energylab director of emerging markets Bridget McIntosh about the growth of the clean energy market in Cambodia and the region, with a focus on new technology, policy and the future of […]
