Cambodia new ministry on oil, gas

Cambodian lawmakers on Friday endorsed the setting up of a new ministry specifically in charge of mines and energy, in the hope that oil and gas production will finally get under way in the next couple of years. The new Ministry of Mines and Energy will be split from the Ministry of Industry, Mines and Energy, which will now become the Ministry of Industry and Handcraft. … Suy Sem, former minister of industry, mines and energy, was named as minister of mines and energy, while Cham Prasidh, former minister of commerce, was named as minister of industry and handicraft. … To date, Cambodia has granted oil and gas exploration licenses to several foreign companies including US energy giant Chevron Corp, Japan’s Mitsui Oil Exploration Co, PTT Exploration and Production Plc, Singapore Petroleum Co, and China National Offshore Oil Corp.

Bangkok Post News Staff
http://www.bangkokpost.com/business/news/386021/cambodia-sets-up-new-ministery-in-charge-of-oil-gas-production