AFP
French oil company Total has paid 28 million dollars for the rights to explore an area in the Gulf of Thailand, Cambodia's Prime Minister Hun Sen said Tuesday.
The Cambodian government, during a visit by Hun Sen to Paris, announced its decision in July last year to grant Total the right to search for oil and natural gas in the country's offshore "Block 3".
Disclosing the price paid by Total for the first phase of the search for oil in the area, Hun Sen said that eight million dollars of the money would go towards a "social fund".
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