PHNOM PENH, April 27, 2013 (Xinhua) -- Cambodia imported 412,190 tons of
petroleum in the first quarter of 2013, a 12 percent decrease compared
with the 471,000 tons it imported at the same period last year, the
commerce ministry's report showed on Saturday.
During the January-March period this year, the country spent 397 million U.S. dollars to buy the petroleum, down 15 percent from 469 million U.S. dollars at the same period last year, it said.
Currently, the country totally purchases petroleum from Vietnam, Singapore and Thailand as its seabed's oil and gas have not been exploited.
On April 8, during the official visit of Cambodian Prime Minister Hun Sen to China, Hun Sen and Chinese Premier Li Keqiang witnessed a signing on a Memorandum of Understanding on the 5 million tons oil refinery project among China Development Bank, China Export and Credit Insurance Corporation, China Perfect Machinery Industry Corporation and Cambodian Petrochemical Company.
The oil refinery project, which is estimated to cost 1.67 billion U.S. dollars, will be built on the 80-hectare area within the boundary of Preah Sihanouk province and Kampot province in Cambodia.
During the January-March period this year, the country spent 397 million U.S. dollars to buy the petroleum, down 15 percent from 469 million U.S. dollars at the same period last year, it said.
Currently, the country totally purchases petroleum from Vietnam, Singapore and Thailand as its seabed's oil and gas have not been exploited.
On April 8, during the official visit of Cambodian Prime Minister Hun Sen to China, Hun Sen and Chinese Premier Li Keqiang witnessed a signing on a Memorandum of Understanding on the 5 million tons oil refinery project among China Development Bank, China Export and Credit Insurance Corporation, China Perfect Machinery Industry Corporation and Cambodian Petrochemical Company.
The oil refinery project, which is estimated to cost 1.67 billion U.S. dollars, will be built on the 80-hectare area within the boundary of Preah Sihanouk province and Kampot province in Cambodia.
Editor:
Zhu Ningzhu
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