Energy

Electricity production

Monks enter forest fray

Months ago, Chinese engineers were posting markers for a hydropower dam opposed by villagers in Koh Kong province’s Areng Valley. This week, in marked contrast, monks draped trees in iconic saffron sashes as they blessed the very forest the dam would destroy. The saffron robes ...

Daniel Quinlan and Phak Seangly
http://www.phnompenhpost.com/national/monks-enter-forest-fray

Lao consultants give dam the thumbs up

The controversial Don Sahong hydropower dam, which Laos says it will soon build just a kilometre from the Cambodian border, will not have significant effects on the Mekong River, according to an environmental impact assessment paid for by the dam’s builder. Obtained yesterday, the report – ...

Shane Worrell
http://www.phnompenhpost.com/national/lao-consultants-give-dam-thumbs

Carlsberg Unworried by Call for Beer Boycott

Danish beer giant Carlsberg, a partner in Cambodia’s largest brewery, Cambrew, said it is not concerned by a call to boycott its popular Angkor Beer brand over a partner company’s investment in a Laos dam. Ben Morton, vice president of Carlsberg’s international media relations and issues ...

Dene-Hern Chen
http://www.cambodiadaily.com/news/carlsberg-unworried-by-call-for-beer-boycott-45794/

Angkor Beer Chief Behind Controversial Laos Border Dam

As the director of one of Cam­bodia’s largest breweries, Malay­sian businessman Goh Nan Kioh has made millions selling Angkor Beer to Cambodians. But now his latest business venture, a controversial mainstream Mekong dam in Laos, is drawing the ire of environmentalists who believe that it will ...

Dene-Hern Chen
http://www.cambodiadaily.com/news/angkor-beer-chief-behind-controversial-laos-border-dam-45312/

Cambodia Wants Sinopec to Build Oil Refinery by 2018

Cambodian Prime Minister Hun Sen on Monday urged China Petroleum & Chemical Corporation, or Sinopec Corp, the Asia’s largest oil refining and petrochemical enterprise, to expedite its process to build an oil refinery in Cambodia by 2018, Xinhua reported on October 15, citing a spokesman. ...

Oil and Gas Industry Latest News Staff
http://www.oilandgaseurasia.com/en/news/cambodia-wants-sinopec-build-oil-refinery-2018

Officials Criticize Laos Over Don Sahong Dam

A day after the Cambodia National Mekong Committee (CNMC) received impact assessment documents from Laos for their controversial Don Sahong dam, Cambodian and Vietnamese officials criticized Laos’ lack of transparency on the mainstream Mekong dam. Located less than 1 km from the Lao-Cambodian border, the 240-MW ...

Kuch Naren and Dene-Hern Chen
http://www.cambodiadaily.com/news/officials-criticize-laos-over-don-sahong-dam-44888/

Officials Breach Dam to Stop It From Bursting

Hundreds of families in Battambang province have been evacuated as authorities ordered a section of a dam to be cut away to release pressure on a reservoir that was threatening to burst and engulf the communities beneath it, as heavy rain continues to cause havoc ...

Ben Sokhean and Simon Henderson
http://www.cambodiadaily.com/news/officials-breach-dam-to-stop-it-from-bursting-44790/

High Floodwaters Spread to Siem Reap, Battambang and Pailin

Flooding spread over the weekend as storms hit the country meaning Siem Reap, Battambang and Pailin have all been added to the list of provinces affected by high waters. In Siem Reap province, Nuon Krisna, director of the provincial department of water resources and meteorology, said ...

Ben Sokhean and Simon Henderson
http://www.cambodiadaily.com/news/high-floodwaters-spread-to-siem-reap-battambang-and-pailin-44466/

Banteay Meanchey Dam at Risk of Breaking, Inundating Villages

Hundreds of police and soldiers have been working around the clock since Wednesday to prevent a major dam built during the Khmer Rouge period in Banteay Meanchey province from breaking and flooding as many as eight surrounding villages, officials said Thursday. Heavy rains, compounded by floodwaters ...

Ben Sokhean
http://www.cambodiadaily.com/news/banteay-meanchey-dam-at-risk-of-breaking-inundating-villages-44409/

Cambodia Verifies the World’s First VCS Triple Gold CCB Avoided Deforestation Project

SAN FRANCISCO — The Oddar Meanchey REDD+ (Reduced Emissions for Deforestation and Degradation) project in Cambodia is the first in the world to complete verification of emission reductions under the Verified Carbon Standard (VCS) with a triple gold Climate, Community and Biodiversity (CCB) accreditation for emission ...

The Herald Staff
http://www.heraldonline.com/2013/09/24/5239878/cambodia-verifies-the-worlds-first.html

First hedging deal transacted

ANZ Royal Bank has transacted a landmark commodities hedging deal with a local oil importer, officials at the bank said yesterday. The deal allows the company, whose name ANZ Royal would not disclose, citing confidentiality agreements, to lock in an agreed price for the future sale ...

Daniel de Carteret
http://www.phnompenhpost.com/business/first-hedging-deal-transacted

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