Phnom Penh Post
By May Kunmakara and Low Wei Xiang
The hunt for oil around northwestern Cambodia has unearthed “positive”
results for Japan Oil, Gas and Metals National Corporation (JOGMEC),
which intends to continue exploring the area in a project that could
last at least six more years, a government spokesman said.
JOGMEC’s
survey on the area known as Block 17, which spans across Siem Reap and
Preah Vihear provinces, has netted “positive and encouraging” results,
said the Council of Minister’s spokesman, Ek Tha. It has also led “to
numerous new geological information and understanding of Cambodia
onshore petroleum potential.”
Such findings are “a result of a
three-year joint study between JOGMEC and the Cambodian National
Petroleum Authority (CNPA), which includes Cambodia’s first ever onshore
2D seismic acquisition by way of using explosives,” he said.
Seismic
acquisition allows one to study an area’s subsurface geological
structures and features. The process analyses waves that are generated
from explosives and carom off underground structures such as rocks.
“JOGMEC
intends to nominate a Japanese oil and gas company to negotiate a
petroleum agreement with CNPA to continue exploration in this Block,
which is expected to take another six to eight years to complete,” Tha
said. JOGMEC presented its final report two days ago to Deputy Prime
Minister Sok An, who is also CNPA’s chairman.
In May 2010, JOGMEC
signed a principal agreement with CNPA to study and assess oil
potential in northwestern Cambodia. In late January last year, it
started the 2D seismic acquisition operation, and drilled 6,000 holes,
each with a six-millimeter diameter and a depth of up to 20 metres.
Men
Den, CNPA’s deputy director-general in charge of exploration,
development and production, said that JOGMEC’s successful initial
results do not mean that extraction would definitely occur.
“They
just did the seismic process which was not drilled in a long depth.
But, they just concluded that it may [have oil]. So, they will do
regional study once again to know more about the potential,” he said
“The
government welcomes any investments because it benefits our people to
have more jobs. If they want to go forwards, they need to sign
production sharing contracts that last for about 30 years.”
Men
Den added that the exploration has no impact on the renowned temples in
the area, as the exploration site is situated far away.
Mam
Sambath, executive director of Development and Partnership in Action,
said that if petroleum is eventually found and extracted, the company
should consider the possible environmental impacts.
Pipelines would have to be installed to transport the petroleum to refineries, he said.
“If
the pipeline leaks, it will pollute the environment and affect humans,
animals and rice fields nearby,” he said. This is especially true
because the area being surveyed is home to many protected areas and
sanctuaries, he added.
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