Logo of Phnom Penh Post newspaper Phnom Penh Post - Govt seeks oil investors



Govt seeks oil investors

Govt seeks oil investors

A MINISTRY of Industry delegation visited Japan between July 17-24 to procure Japanese investment in Cambodian petroleum and gas industries, according to a press release from the ministry.

Led by the Minister of Industry Pou Sothirak the delegation met and had discussions with several presidents from leading Japanese energy companies including Japan National Oil Corporation, the National Resources and Energy Company, Japex and Campex, Idemitsu Oil, Mitsui Oil, Teikoku and Nisso Iwai.

During the visit Japanese companies pledged to help Cambodia improve its human resources involved in petrol and gas, undertake airborne geological surveys of the country and invest in petroleum exploration.

The delegation toured several research centers run by the companies and by the Technology Research Center and Tomakomai-Tobu Oil Company.

MOST VIEWED

  • ‘Kingdom one of safest to visit in Covid-19 era’

    The Ministry of Tourism on January 12 proclaimed Cambodia as one of the safest countries to visit in light of the Kingdom having been ranked number one in the world by the Senegalese Economic Prospective Bureau for its success in handling the Covid-19 pandemic. In rankings

  • Kingdom accepts Chinese vaccine, PM first to get jab

    Prime Minister Hun Sen said China would offer Cambodia an immediate donation of one million doses of the Covid-19 vaccine produced by the Sinopharm company. In an audio message addressing the public on the night of January 15, he said Cambodia has accepted the offer and

  • Reeling in Cambodia’s real estate sector

    A new norm sets the scene but risks continue to play out in the background A cold wind sweeps through the streets of Boeung Trabek on an early January morning as buyers and traders engage in commerce under bright blue skies. From a distance, the

  • PM asks India for vaccine help

    Prime Minister Hun Sen is seeking assistance from India for the provision of Covid-19 vaccines as the country has produced its own vaccine which is scheduled to be rolled out to more than 300 million Indians this year. The request was made during his meeting with

  • Cambodia, India agree to start direct flights, tourism exchanges

    Cambodia and India have agreed to start direct flight connections and promote closer tourism exchanges and cooperation in all areas after the Covid-19 saga comes to a close. The agreement was reached during a meeting between Cambodian Minister of Tourism Thong Khon and newly-minted Indian

  • Plastic-to-rice initiative transforms waste into bricks

    Volunteers in Kampong Khlaing commune of Siem Reap province’s Sotr Nikum district have been collecting plastic waste to use as a raw material for the production of bricks and clemence tiles. The volunteers are hoping that, in addition to helping clean up the environment,