Subscribe Search

Search form

Logo of Phnom Penh Post newspaper Phnom Penh Post - South Korea to sign energy, mining deal

South Korea to sign energy, mining deal

South Korea to sign energy, mining deal

CAMBODIA is set to sign an agreement on energy and mining exploration with South Korea when the country’s President Lee Myung-bak makes a state visit to the Kingdom late this month, a government spokesman said Monday.

Shin Jae-hyun, South Korea’s visiting ambassador in charge of energy and natural resources cooperation, held a meeting with Prime Minister Hun Sen on Monday to discuss plans for joint study agreements in Cambodia, said Eang Sophalleth, the prime minister’s spokesman.

But further details of the proposed deal were not immediately available, including whether the energy deal would apply to offshore or onshore exploration.

Cambodia has a number of onshore concessions that remain unexplored, although the government is only accepting offshore bids for disputed Area IV in the Gulf of Thailand.

Eang Sophalleth said that Cambodia and South Korea signed a memorandum of understanding on energy and mining resources when Prime Minister Hun Sen visited Seoul in June.

Hun Sen expressed hope that, after the agreement is signed, South Korea and Cambodia will use the Kingdom’s energy and mining resources for its further development, said Eang Sophalleth.

“The two countries have established a joint study commission,” Eang Sophalleth quoted Shin Jae-hyun as saying.

Officials at the South Korean embassy in Phnom Penh declined Monday to give the date of the president’s visit, pending an official announcement, but press reports said it would be from October 22 to 23.


  • Kak Channthy, Cambodian Space Project frontwoman, killed in crash at 38 [Updated]

    Updated 5:05pm, Tuesday, March 20, 2018 Kak Channthy, frontwoman of popular The Cambodian Space Project, was killed Tuesday morning in a traffic accident in Phnom Penh. She was 38. Channthy, the internationally recognised singer-songwriter also known as “Srey Thy”, was reportedly travelling in a tuk-tuk on the city's

  • Australian police investigating death threat against Kem Ley's widow

    Updated: 10:17am, Friday March 23, 2018 Australian authorities on Thursday confirmed they have launched an investigation into a crudely written death threat sent tothe family of slain political analyst Kem Ley and Victoria state MP Hong Lim. The typed letter, reported to Victoria police last week, is

  • Apparel groups including H&M and Gap urge Cambodia garment industry reform, seek meeting with Hun Sen

    A group representing some of the largest apparel brands in the US and Europe – including Gap, H&M and ASOS – expressed “growing concern” on Tuesday over several controversial labour laws and ongoing court cases against unionists described as restrictive and unjust. In an open letter

  • Hun Sen says Montagnards don’t exist in Cambodia

    Prime Minister Hun Sen once again attacked ex-opposition leader Sam Rainsy for pledging “autonomy” to Montagnards, claiming – seemingly incorrectly – the ethnic minority does not exist in Cambodia. “We respect all minorities such as Jarai, Steang, Phnong, but we have never had Montagnards,” the premier said