Tag Archives: Oil and gas

Explaining spending oil and gas revenues remained unclear

Posted on July 12, 2010 by Cambodia Economy

Concerns over the management of oil and gas revenues by public and opposition parties, so far, there are 23 companies having been awarded rights to explore for oil and gas in Cambodia’s offshore but not all of them are operating. … Continue reading →

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Refining Crude Oil – Part 2

Posted on October 27, 2009 by Cambodia Economy

Refining is a capital-intensive industry in a market driven by divergent forces—cleaner fuelsto address local air pollution; greater fuel efficiency against the backdrop of record oil prices; and steadily rising consumption of transportation fuels due to rising income, especially in … Continue reading →

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Refining Crude Oil – Part 1

Posted on August 10, 2009 by Cambodia Economy

Crude oil is what we extract out of the ground; refined products (such as gasoline and diesel) are what we consume. As of end-2007, there were 657 refineries around the world with a combined crude processing capacity of 85 million … Continue reading →

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Prime Minister called on petrol firms to lower cost

Posted on August 7, 2009 by Cambodia Economy

Prime Minister Hun Sen called on two local petrol companies to reduce cost of oil or hold them steady during his speech at graduation ceremony at Build Bright University in Phnom Penh. He praised the two oil companies but he … Continue reading →

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Contracts for Petroleum Development – Part 3

Posted on July 27, 2009 by Cambodia Economy

The flows of oil revenues are quite complex. This note presents the results of two hypothetical simulations — one a progressive production sharing regime and the other regressive – to illustrate qualitatively how they affect the amount and timing of … Continue reading →

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Contracts for Petroleum Development – Part 2

Posted on July 2, 2009 by Cambodia Economy

Petroleum contracts are long and complex. Production sharing agreements, the type of contracts being signed in Cambodia, are no exception. However, they are important to the country’s future economic and development options and hence it would be helpful if the … Continue reading →

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