A Change of Guard

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Tuesday, 11 October 2011

A Chinese Company To Begin Oil Exploration in Cambodia’s Offshore in Late October

AKP Phnom Penh, October 11, 2011 –The China National Offshore Oil Corporation (CNOOC) would begin by the end of this month its oil and gas exploration in Cambodia’s offshore, nearly 40 kilometers south off the coast of Sihanoukville.

According to the Environmental Impact Assessment (EIA)’s report, the CNOOC would start drilling an oil well in block F between October and December 2011, Mr. Mam Sambath, chairman of the Cambodians for Resource Revenue Transparency (CRRT) told media yesterday.

It is the first company that has studied the environmental impact before its exploration, said Mr. Mam Sambath, appreciating the procedure, which conforms to the regional and international standards of the mines exploration.

Cambodia hoped to get the first drop of oil produced at the end of 2012.

BY KHAN Sophirom


Anonymous said...

I guess the US didn't get the deal. China probably outbid them.

Anonymous said...

After all, all the aid from the Chinese comes with the string attached.

Anonymous said...

We need those attached strings to pull the desperate victims out of the fierce flood current!!! Be it Nylon,Teflon or even your coherent string of thought!

Anonymous said...

Drill baby drill

Anonymous said...

Free Money and donation from CHina! YAY!!

More money for other countries, while the Khmer population lives on krama and be-jeng. YAY!!!

More Money for China and Vietnamese colonization. YAY!!