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.
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.
ASEAN Centre for Energy (ACE) is an intergovernmental organisation within ASEAN structure that represents the 10 ASEAN Member States’ (AMS) interests in the energy sector.
