Cambodia ‘Still in Block A talks with Chevron’

28 November 2013
Upstream Online
Economy and commerce / Energy / Environment and natural resources policy and administration / Ethnic minorities and indigenous people / Extractive Industries / Extractive industries policy and administration / Government / Human rights / International relations / Investment / Non-renewable energy production / Off-shore oil and gas exploration and extraction / Oil and gas resources / Social development
Ascope / Asean Council on Petroleum / Block A offshore project / Cambodian National Petroleum Authority / Chevron Corp / CNPA / PetroVietnam

The Royal Cambodian government is continuing talks with US major Chevron regarding the delayed Block A offshore project that would be the Asean member nation’s first indigenous hydrocarbon development. In August 2010, eight years after being awarded the block, Chevron issued a declaration of commerciality and the following month applied for a petroleum production permit. … However, more than three years on “discussions of the development work programme and investment proposal” are still ongoing between the government and Block A partners, Cambodia’s representative to the Asean Council on Petroleum (Ascope) said. … Chevron has to date drilled 18 exploration wells on the offshore block and the company’s success in finding both oil and gas has encouraged others to apply for acreage. …

 Upstream Online Staff
http://www.upstreamonline.com/live/article1345016.ece