http://khmerian.com Mon, 06 Feb 2012 19:46:47 +0000 en hourly 1 http://wordpress.org/?v=3.2.1 http://khmerian.com/2010/07/explaining-spending-oil-and-gas-revenues-remained-unclear/ http://khmerian.com/2010/07/explaining-spending-oil-and-gas-revenues-remained-unclear/#comments Mon, 12 Jul 2010 02:17:36 +0000 Cambodia Economy http://khmerian.com/?p=1006 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. By the way, the public expressed worried about the Cambodia’s management of its natural resources … Continue reading]]> http://khmerian.com/2010/07/explaining-spending-oil-and-gas-revenues-remained-unclear/feed/ 0 http://khmerian.com/2009/10/refining-crude-oil-%e2%80%93-part-2/ http://khmerian.com/2009/10/refining-crude-oil-%e2%80%93-part-2/#comments Tue, 27 Oct 2009 01:09:37 +0000 Cambodia Economy http://khmerian.com/?p=781 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 developing countries. Part 2 of the briefing notes on refining discusses these topics and other … Continue reading]]> http://khmerian.com/2009/10/refining-crude-oil-%e2%80%93-part-2/feed/ 0 http://khmerian.com/2009/08/refining-crude-oil-%e2%80%93-part-1/ http://khmerian.com/2009/08/refining-crude-oil-%e2%80%93-part-1/#comments Mon, 10 Aug 2009 00:43:11 +0000 Cambodia Economy http://khmerian.com/?p=698 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 barrels per day (bpd). This briefing note provides technical background information on the characteristics of … Continue reading]]> http://khmerian.com/2009/08/refining-crude-oil-%e2%80%93-part-1/feed/ 0 http://khmerian.com/2009/08/prime-minister-called-on-petrol-firms-to-lower-cost/ http://khmerian.com/2009/08/prime-minister-called-on-petrol-firms-to-lower-cost/#comments Fri, 07 Aug 2009 09:32:20 +0000 Cambodia Economy http://khmerian.com/?p=695 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 criticized two international petro firms for their different approaches. The Premier said that the two … Continue reading]]> http://khmerian.com/2009/08/prime-minister-called-on-petrol-firms-to-lower-cost/feed/ 0 http://khmerian.com/2009/07/contracts-for-petroleum-development-part-3/ http://khmerian.com/2009/07/contracts-for-petroleum-development-part-3/#comments Mon, 27 Jul 2009 08:36:26 +0000 Cambodia Economy http://khmerian.com/?p=679 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 government revenue and investors’ profits. Briefing Notes 7 and 8 [1,2] gave an overview of … Continue reading]]> http://khmerian.com/2009/07/contracts-for-petroleum-development-part-3/feed/ 0 http://khmerian.com/2009/07/contracts-for-petroleum-development-part-2/ http://khmerian.com/2009/07/contracts-for-petroleum-development-part-2/#comments Thu, 02 Jul 2009 09:30:53 +0000 Cambodia Economy http://khmerian.com/?p=636 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 public had a basic understanding of how these contracts work and, in particular, how government … Continue reading]]> http://khmerian.com/2009/07/contracts-for-petroleum-development-part-2/feed/ 0 http://khmerian.com/2009/06/vietnam%e2%80%99s-petroleum-company-met-sok-an/ http://khmerian.com/2009/06/vietnam%e2%80%99s-petroleum-company-met-sok-an/#comments Mon, 15 Jun 2009 00:38:06 +0000 Cambodia Economy http://khmerian.com/?p=571 On Monday, a delegation from Vietnam’s state-owned petroleum company Vietnam Oil met with Deputy Prime Minister and Minister of Council of Ministers to make discussion over oil exploration in Cambodia soil. According to the hand-written statement by the council, Dinh La Thang, president of Vietnam Oil company, led a delegation that met Sok An to … Continue reading]]> http://khmerian.com/2009/06/vietnam%e2%80%99s-petroleum-company-met-sok-an/feed/ 0 http://khmerian.com/2009/06/country-experience-with-eiti-%e2%80%93-part-2/ http://khmerian.com/2009/06/country-experience-with-eiti-%e2%80%93-part-2/#comments Mon, 01 Jun 2009 03:42:22 +0000 Cambodia Economy http://khmerian.com/?p=541 TA dedicated website, appointment of a former Minister of Finance as the overall coordinator, a petroleum law requiring revenue disclosure, and a decree establishing a multi-stakeholder committee are some of the ways that the countries that have endorsed the Extractive Industries Transparency Initiative (EITI) principles are implementing EITI. This briefing note, the second in a … Continue reading]]> http://khmerian.com/2009/06/country-experience-with-eiti-%e2%80%93-part-2/feed/ 0 http://khmerian.com/2009/04/country-experience-with-eiti-%e2%80%93-part-1/ http://khmerian.com/2009/04/country-experience-with-eiti-%e2%80%93-part-1/#comments Wed, 08 Apr 2009 06:53:12 +0000 Cambodia Economy http://khmerian.com/?p=420 Twenty-seven countries are at various stages of implementing the Extractive Industries Transparency Initiative (EITI). One of the earliest implementers, Nigeria, estimates that EITI helped increase petroleum revenues to the government by US$ 1 billion in 2004 and 2005. This note reviews the EITI implementation and related experience of some countries, focusing primarily on actions taken … Continue reading]]> http://khmerian.com/2009/04/country-experience-with-eiti-%e2%80%93-part-1/feed/ 0 http://khmerian.com/2009/04/avoiding-the-resource-curse/ http://khmerian.com/2009/04/avoiding-the-resource-curse/#comments Wed, 08 Apr 2009 06:31:14 +0000 Cambodia Economy http://khmerian.com/?p=413 Many resource-rich countries have fallen prey to the natural resource curse [1]. But a handful of developing countries have managed to escape it. This note examines four resource-rich countries and the policies they have followed since the beginning of the 1970s. One, Nigeria, is a well-publicized case of oil wealth impoverishing rather than enriching the … Continue reading]]> http://khmerian.com/2009/04/avoiding-the-resource-curse/feed/ 0