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A reflection from the sunshine is seen above a fishing boat on the Tonle Sap river. (Photo: AP)Phnom Penh
Tuesday, 04 May 2010
Cambodia signed an agreement with Japan’s national oil company on Tuesday that opens the possibility of exploration on the northern edge of the Tonle Sap lake, a major source of fish for much of Cambodia.
The agreement, signed Tuesday afternoon by Council Minister Sok An and the Japan Oil, Gas and Metals National Corporation, or Jogmec, includes cooperation in evaluating business opportunities, researching technology and potential drilling.
Jogmec Executive Director Akira Suzuki called the agreement a first step in further oil and gas development between Cambodian and Japan. The state-run company would also be open to more private-sector development in the future, he said.
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