Friday, June 25, 2010

No license ever granted for oil production in Cambodia, gov't says

June 25, 2010
Source: Xinhua

The Cambodian government has said that it has so far not yet granted license to any company for oil production, except contracts or agreements for oil and gas exploration.
In a letter seen Friday, a response to Son Chhay, lawmaker from Cambodia's opposition Sam Rainsy Party, Sok An, deputy prime minister and chairman of Cambodia's National Petroleum Authority said Cambodia has never granted license to any oil company for production, but only agreements for exploration status.
He said 24 companies have had agreements with Cambodia for oil and gas exploration, but some of them have left the country after they had worked out that oil and gas resources in the country are not sufficient for production, said the letter dated June 9, 2010.

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