AFP
French oil company Total has paid 28 million dollars for the rights to explore an area in the Gulf of Thailand, Cambodia's Prime Minister Hun Sen said Tuesday.
The Cambodian government, during a visit by Hun Sen to Paris, announced its decision in July last year to grant Total the right to search for oil and natural gas in the country's offshore "Block 3".
Disclosing the price paid by Total for the first phase of the search for oil in the area, Hun Sen said that eight million dollars of the money would go towards a "social fund".
"Total offered the highest (bid) among the companies," he said.
Total will pay an additional 20 million dollars if it starts drilling for oil in the offshore area, Hun Sen added.
At the same time the premier denied Anglo-Australian mining giant BHP Billiton paid a large bribe for an exploration contract in Cambodia, saying that money had also gone into a social fund.
Total "also has paid this kind of money," Hun Sen said during a meeting between the government and private sectors.
Following the discovery of oil in 2005, Cambodia was quickly feted as the region's next potential petro-state, but production has stalled as the government and Chevron appear to have failed to agree over revenue sharing.
Hun Sen said earlier this month he would terminate his country's contract with Chevron if the US energy giant does not begin oil production from offshore fields by late 2012.
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.
The Cambodian government, during a visit by Hun Sen to Paris, announced its decision in July last year to grant Total the right to search for oil and natural gas in the country's offshore "Block 3".
Disclosing the price paid by Total for the first phase of the search for oil in the area, Hun Sen said that eight million dollars of the money would go towards a "social fund".
"Total offered the highest (bid) among the companies," he said.
Total will pay an additional 20 million dollars if it starts drilling for oil in the offshore area, Hun Sen added.
At the same time the premier denied Anglo-Australian mining giant BHP Billiton paid a large bribe for an exploration contract in Cambodia, saying that money had also gone into a social fund.
Total "also has paid this kind of money," Hun Sen said during a meeting between the government and private sectors.
Following the discovery of oil in 2005, Cambodia was quickly feted as the region's next potential petro-state, but production has stalled as the government and Chevron appear to have failed to agree over revenue sharing.
Hun Sen said earlier this month he would terminate his country's contract with Chevron if the US energy giant does not begin oil production from offshore fields by late 2012.
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.
5 comments:
Is it an official procedure and an official payemnt by foreign company to the Government?
What is the so-called Social Fund?
I am Doubtful with the sicerety of the Government.
Even Paying an official "Tea money"
to obtain a favor from the government is considered as a CORRUPT PRACTICE.
Is it an official procedure and an official payemnt by foreign company to the Government?
What is the so-called Social Fund?
I am Doubtful with the sicerety of the Government.
Even Paying an official "Tea money"
to obtain a favor from the government is considered as a CORRUPT PRACTICE.
even official payment should be transparent and accountable; no secrecy, otherwise it is questionable!
Why Ranarith can have tea, not me???
Democratic Kampuchea Pol Pot Khmer Rouge Regime
Members:
Pol Pot
Nuon Chea
Ieng Sary
Ta Mok
Khieu Samphan
Son Sen
Ieng Thearith
Kaing Kek Iev
Hun Sen
Chea Sim
Heng Samrin
Hor Namhong
Keat Chhon
Ouk Bunchhoeun
Sim Ka...
Committed:
Tortures
Brutality
Executions
Massacres
Mass Murder
Genocide
Atrocities
Crimes Against Humanity
Starvations
Slavery
Force Labour
Overwork to Death
Human Abuses
Persecution
Unlawful Detention
Cambodian People's Party Hun Sen Khmer Rouge Regime
Members:
Hun Sen
Chea Sim
Heng Samrin
Hor Namhong
Keat Chhon
Ouk Bunchhoeun
Sim Ka...
Committed:
Attempted Murders
Attempted Murder on Chea Vichea
Attempted Assassinations
Attempted Assassination on Sam Rainsy
Assassinations
Assassinated Journalists
Assassinated Political Opponents
Assassinated Leaders of the Free Trade Union
Assassinated over 80 members of Sam Rainsy Party.
"But as of today, over eighty members of my party have been assassinated. Countless others have been injured, arrested, jailed, or forced to go into hiding or into exile."
Sam Rainsy LIC 31 October 2009 - Cairo, Egypt
Executions
Executed over 100 members of FUNCINPEC Party
Murders
Murdered 3 Leaders of the Free Trade Union
Murdered Chea Vichea
Murdered Ros Sovannareth
Murdered Hy Vuthy
Murdered Journalists
Murdered Khim Sambo
Murdered Khim Sambo's son
Murdered members of Sam Rainsy Party.
Murdered activists of Sam Rainsy Party
Murdered Innocent Men
Murdered Innocent Women
Murdered Innocent Children
Killed Innocent Khmer Peoples.
Extrajudicial Execution
Grenade Attack
Terrorism
Drive by Shooting
Brutalities
Police Brutality Against Monks
Police Brutality Against Evictees
Tortures
Intimidations
Death Threats
Threatening
Human Abductions
Human Abuses
Human Rights Abuses
Human Trafficking
Drugs Trafficking
Under Age Child Sex
Corruptions
Bribery
Embezzlement
Treason
Border Encroachment, allow Vietnam to encroaching into Cambodia.
Signed away our territories to Vietnam; Koh Tral, almost half of our ocean territory oil field and others.
Illegal Arrest
Illegal Mass Evictions
Illegal Land Grabbing
Illegal Firearms
Illegal Logging
Illegal Deforestation
Illegally use of remote detonation bomb on Sokha Helicopter, while Hok Lundy and other military officials were on board.
Lightning strike many airplanes, but did not fall from the sky. Lightning strike out side of airplane and discharge electricity to ground.
Source: Lightning, Discovery Channel
Illegally Sold State Properties
Illegally Removed Parliamentary Immunity of Parliament Members
Plunder National Resources
Acid Attacks
Turn Cambodia into a Lawless Country.
Oppression
Injustice
Steal Votes
Bring Foreigners from Veitnam to vote in Cambodia for Cambodian People's Party.
Use Dead people's names to vote for Cambodian People's Party.
Disqualified potential Sam Rainsy Party's voters.
Abuse the Court as a tools for CPP to send political opponents and journalists to jail.
Abuse of Power
Abuse the Laws
Abuse the National Election Committee
Abuse the National Assembly
Violate the Laws
Violate the Constitution
Violate the Paris Accords
Impunity
Persecution
Unlawful Detention
Death in custody.
Under the Cambodian People's Party Hun Sen Khmer Rouge Regime, no criminals that has been committed crimes against journalists, political opponents, leaders of the Free Trade Union, innocent men, women and children have ever been brought to justice.
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