Energy and Environment
First Drops of Cambodian Oil Produced Today at Apsara Oil Field
The first drops of Cambodian oil have been produced today at Block A of Apsara Oil Field, following the recent completion of construction, according to the Prime Minister Hun Sen’s Facebook Page. The first well entitled A-0ID was completed on 23 December 2020, and the production of the oil started on 29 December 2020. Meanwhile, […]
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Koh Kong a Potential Target for World Bank’s Blue Economy Development Project
The World Bank is planning to invest millions of dollars in the ‘Blue Economy’ project in Cambodia, and Koh Kong could be one of the target provinces chosen for the project implementation. Koh Kong Deputy Governor Ouk Pheaktra said during the meeting with relevant officers regarding the coastal management on 28 December that his authority […]
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New Battambang Solar Power Station Over 90% Complete Receives Additional US$45-million in Funding
Chinese firm Risen Energy has injected an additional US$45-million funding into the new 73-megawatt Battambang power plant project, while the construction of the plant is over 90% complete. Risen Energy has received this additional funding in form of debt from DEG and ICCF (The Interact Climate Change Facility, the European Investment Bank, and eleven European […]
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Two Private Firms Approved to Mine Over 20,000 hectares in Tbong Khmum and Ratanakkiri
On 21 December, the Ministry of Mines and Energy issued licenses for two private firms to continue their mining activities on over 20,000 hectares in Tbong Khmum and Ratanakkiri provinces. The first company is Renaissance Minerals (Cambodia) Limited, who got permission to mine within the area of 107.1 square kilometres in Memot district of Tbong […]
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Transmission Line Connecting from Oddar Meanchey Power Plant to Siem Reap to Operate Soon
A 230-kilovolt power transmission line connecting from the coal-fired power plant in Oddar Meanchey to Siem Reap is scheduled to operate soon. According to the Siem Reap Provincial Administration, the responsible firm Pestech (Cambodia) PLC is constructing the foundation of the transmission line and cutting down trees that block the line. This transmission line is […]
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Ministry Approves KrisEnergy’s Oil Production Deadline Extension to April Next Year
The Ministry of Mines and Energy has approved KrisEnergy’s request to extend the deadline of oil production to April 2021, even though the company failed to extract oil many times since mid-2020. HE Cheap Sour, Director-General of Petroleum of the Ministry of Mines and Energy, said that the measures for the failure to extract oil […]
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Expert: Major Infrastructure Projects in 2021 to Focus on Green Development
Giant developer firms such as Vinci, Ferrovial, and ACS next year will shift their focuses to sustainable development by building more green infrastructure and renewable energy projects. According to an analysis by Fitch Solutions published on the Global Construction Review website on 14 December, this shift aims to follow the country’s goals to reduce CO2 […]
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Angkor Resources Corp’s Gold-in-Soil Tests Show Positive Result
Canadian firm Angkor Resources Corp (ANK)’s recent test has shown a positive result of gold-in-soil anomalies in the Andong Meas licensed area of Cambodia. The firm also cited that it has already started the surface mapping progress for the 2021 work program. According to the firm, the positive result is another big step demonstrating that […]
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Gov’t Inks Deal on Stung Tatai Leu Hydropower Dam and 500-kilowatt High-Voltage Transmission Line
The Ministry of Mines and Energy has recently inked a deal allowing two private firms to invest over US$830 million in building a 150-megawatt hydropower dam and two high-voltage transmission lines. The agreement was signed by the Minister of Mines and Energy HE Suy Sem and representatives of the two investment firms on 08 December. […]
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Construction of Cambodia’s First Oil Refinery Plant Temporarily Paused
Construction on the first-ever oil refinery plant in Cambodia, expected to be complete by 2022, has been temporarily paused due to the developers’ financial shortage. According to the initial plan, the project, which broke ground since 2017, should have already gone online since early 2019. Although completion was once postponed to 2022, and now construction […]
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