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 [...]
Posts Tagged ‘Oil and gas’
Contracts for Petroleum Development – Part 3
July 27th, 2009 
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 government revenue and investors’ profits. Briefing Notes 7 and 8 [1,2] gave an overview of [...]
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Tags: Oil and gas, oil drilling, Oil exploration, oil industry, Oil management 
No Comments »Contracts for Petroleum Development – Part 2
July 2nd, 2009 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 public had a basic understanding of how these contracts work and, in particular, how government [...]
Posted in Oil and gas Tags: gas price, Oil and gas, oil drilling, Oil management, oil price, petroleum industry No Comments »
