Cambodia imports 1.1 million tons of oil in 8 months
Cambodia had imported 1.1 million tons of petroleum in the first eight months of the year, a 3.5 percent decrease compared with the 1.14 million tons over the same period last year, the figures of the Ministry of Commerce showed Friday. From January to August this year, the country had spent about 1. 04 billion U.S. dollars to purchase oil, down 7 percent from 1.12 billion dollars it paid over the same period last year. … Cambodia is planning to build a 5 million tons oil refinery under the investment of Chinese firms, including China Development Bank, China Export and Credit Insurance Corporation, and China Perfect Machinery Industry Corporation. … Cambodia’s oil demand last year was 1.65 million tons. The Southeast Asian nation is expected to consume up to 4 million tons of oil a year in coming years due to rapid economic growth. …
Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2013-09/27/c_132756600.htm
