Search form

Login - Register | FOLLOW US ON

Logo of Phnom Penh Post newspaper Phnom Penh Post - Oil deal inked

Oil deal inked

Othsman Hassan signed an exclusive deal on April 19 with the Petroleum Authority

of Thailand to import and distribute oil, natural gas and petroleum. "This deal

will help improve relations between Thai and Cambodian businesses," Hassan said.

The CPP legislator added that his company, Camoil Company Limited, would supply both

wholesale and retail outlets. Sister company Camgas Limited would invest $1 million

in gas storage, while Camoil would spend "at least" $2 million to store

oil. Hassan said he was awaiting government approval to import fuel overland.

0

Comments

Please, login or register to post a comment

Latest Video

Bodies of Cambodian peacekeepers returned to Kingdom

The bodies of four Cambodian peacekeepers killed by a Christian militia in Central African Republic were repatriated to the Kingdom and honoured in an airport ceremony on May 21.

Phnom Penh eats: Ptas Nak Battambang

As the name suggests, Ptsa Nak Battambang – which in English means Battambang's house – is the right place for those who want to try some of the province's typical dishes in Phnom Penh.

Military police stand guard outside a polling station that was allegedly prematurely closed to eligible voters during the 2013 general election in Kandal province. Photo supplied

The Ministry of Defence on Friday lashed out at civil society and election monitoring groups, claiming a

Opposition leader Kem Sokha uses his hat to gesture to supporters during a campaign rally yesterday in Siem Reap province. Facebook

Prime Minister Hun Sen yesterday threatened to unleash war on the opposition party if he loses patience with their campaign for the June 4 commune