Cambodia Awards French Total Oil Search Rights - Government Official
July 20, 2009
PHNOM PENH (AFP)--Cambodia has granted French company Total S.A. (TOT) oil exploration rights in one of its offshore blocks in the Gulf of Thailand, a senior government official said Monday.
Prime Minister Hun Sen told French leaders of the decision to allow Total to drill "block III" during a visit to Paris earlier this month, said Prak Sokhon, secretary of state for the Council of Ministers.
"The government decided to grant Total the rights after lengthy consideration of requests from four big companies," Prak Sokhon said after he accompanied the Cambodian premier to the French capital.
He said Prime Minister Francois Fillon had thanked his Cambodian counterpart for the award.
Cambodia expects to begin oil production in 2011, a senior energy official has said.
Oil was discovered in 2005 by U.S. energy giant Chevron Corp. (CVX), the most active of several firms exploring in six blocks off the country's coast.
But Prime Minister Hun Sen warned that it was "highly premature" to estimate how much oil Cambodia might hold in undersea reserves.
Concerns have also been raised over how Cambodia - one of the world's most corrupt countries - would use its new-found oil and gas wealth.
July 20, 2009
PHNOM PENH (AFP)--Cambodia has granted French company Total S.A. (TOT) oil exploration rights in one of its offshore blocks in the Gulf of Thailand, a senior government official said Monday.
Prime Minister Hun Sen told French leaders of the decision to allow Total to drill "block III" during a visit to Paris earlier this month, said Prak Sokhon, secretary of state for the Council of Ministers.
"The government decided to grant Total the rights after lengthy consideration of requests from four big companies," Prak Sokhon said after he accompanied the Cambodian premier to the French capital.
He said Prime Minister Francois Fillon had thanked his Cambodian counterpart for the award.
Cambodia expects to begin oil production in 2011, a senior energy official has said.
Oil was discovered in 2005 by U.S. energy giant Chevron Corp. (CVX), the most active of several firms exploring in six blocks off the country's coast.
But Prime Minister Hun Sen warned that it was "highly premature" to estimate how much oil Cambodia might hold in undersea reserves.
Concerns have also been raised over how Cambodia - one of the world's most corrupt countries - would use its new-found oil and gas wealth.
4 comments:
whatever!
Khmer natural Resources are being destroyed by foreigners and Cambodia's government corrupted officials.
However, I personally think that the grand of block III offshore to the French Company for oil exploration is the right decision making.
Below there are the comments where are extracted from Le Figaro news paper,July 20 2009 , around the Bastille Day of France,July 14 2009.
Instead of 5 days state visit French government had cut down to 2 days.
It was no official talking between Sarkozy & Hun Sen in the Elysee Palace.
Hun Sen to the country of human rights
14/07/2009 at 16:41
1st Minister, placed by the strength of the Vietnamese invasion, the former Khmer Rouge commander Pol Pot, was celebrated at the feast of 14 July NLE. The community of Cambodians citizens french asks: his visit and his meetings with the French authorities (Minister of Foreign Affairs, MPs, Senators ...) they would be beneficial to the Cambodian people?
This honor restore its reputation, it would encourage even more the strong man to continue to commit its packages (human rights, political assassinations,, arbitrary arrests of elected officials, journalists ...). Or, we hope they are beneficial to the Cambodian people to know that after "wiped the floor french feet the blood of its packages and received lessons from France, human rights, democracy , freedom, the strong man of Phnom Penh apply the happiness of the people. A follow on his return! If it did not change its policy undemocratic, it would not deserve its place on the podium of 14juillet, National Day of Freedom
Barang @
13/07/2009 at 19:34
I understand your outrage but your Prime Minister has no place in France because of its trajectory. The friendship between France and Cambodia will exist forever, but your prime minister who abuses his countrymen does not represent the real Cambodia. When it was the marionette of the Marxist government of Vietnam, he liked little France.
Everyone in Cambodia is corrupt, except the poor who constitute the majority. C is with them that France is a friend, not with these corrupt, whether it be a symbol of Hun Sen or the symbol of the royal family who is re-filled pockets since 1991.
All international organizations are saying in their reports.
before it is long ...
13/07/2009 at 18:53
will scroll on side by side IDF and Hamas ... Mujahideen and Al-Qaeda ... Khmer Rouge or stuffed!
Ingrid Betancourt and Gilad Shalit will be heard in the gallery ...
N Cambodia has no place in the parade
13/07/2009 16:26
Corrupt countries, represented by the Hun Sen gangster whose wife requires Cartier jewelry closes its doors in order to spend millions of euros of the people of Cambodia, Cambodia should not be represented at the celebration of French democracy.
The Royal Family, represented by the great Prince Ranaridth thief (elder brother of the King), which has the same s exile in Malaysia in 2006 in order to avoid prison, represents an incredible corruption, while he lived in a modest 2-room flat in Aix in Provence during the exile from 1975 to 1991.
99% of Cambodians are trying to survive on less than one euro per day.
N this country has no place here July 14. When true democracy will be installed, France will give him all the honors.
i told you, not everybody is thinking the same like negative attitude people!
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