Ministry asked about Mekong plan
A member of the Supreme Consultation Forum told The Post on Thursday that he had questioned the Ministry of Mines and Energy over its position regarding a proposed project to develop a sizeable stretch of the Mekong River. Pich Sros, president of the Cambodian Youth Party, also raised the subject of the recent increase in […]
As Power Cuts Cripple Cambodia, Generator Sales Soar
PHNOM PENH — As the hot season scorches Cambodia’s capital, its 1.5 million residents have struggled to stay cool without air conditioning, while business and factory work frequently grinds to a halt as a result of the worst power outages in many years. For several months now, Phnom Penh has been crippled by cuts that last […]
Hun Sen leaves Kingdom for Belt and Road Forum in Beijing
Prime Minister Hun Sen and his delegation left the Kingdom yesterday to attend the Belt and Road Forum in Beijing where a number of assistance agreements are expected to be signed. Mr Hun Sen was invited to attend the second Belt and Road Forum by Chinese President Xi Jinping. He is accompanied by deputy prime […]
Petroleum product imports up 10 pct in 2018
Cambodia imported 2.5 million tonnes of petroleum products in 2018, a 10 percent year-on-year increase, according to the Ministry of Mines and Energy. Diesel and gasoline are the most imported petroleum products, according to Sok Khavan, the ministry’s secretary of state, who spoke during a conference on the oil and gas sectors held at Phnom […]
‘BRI to greatly benefit Cambodia’
Recent research by Moody’s Investors Service revealed Cambodia, which currently has a stable B2 credit rating, is among the countries with the greatest potential for reaping economic benefits from China’s Belt and Road Initiative (BRI). In the new report, Moody’s focuses on the potential long-term economic gains and near- to medium-term macro-stability risks for 12 […]
France to support development of Cambodian electrical grid
France will support the development of the Kingdom’s power transmission network with $30 million in financing. According to a press release from the Ministry of Economy and Finance, Minister Aun Pornmoniroth and Remi Riou, general manager of the French Development Agency (AFD), will sign a financing agreement in the near future. “As planned, the Minister […]
Asiatic Group subsidiary extends Cambodian energy contract
A UNIT of Catalist-listed engineering group Asiatic Group (Holdings) will keep on supplying power to a state-owned Cambodian electricity company, in an extension inked and announced on Thursday. Indirect subsidiary Colben Energy (Cambodia), which is 85 per cent-owned by Asiatic, has extended a power purchase agreement with Electricite Du Cambodge until Apr 30, 2022. Under […]
Why Hun Sen can’t keep the lights on
Cambodia has been gripped by daily blackouts in recent weeks, leaving many parts of the capital Phnom Penh without power for most of the day. As temperatures spike during the region’s hot season, heated questions are rising about why the government can’t seem to keep the lights on. Prime Minister Hun Sen has blamed the […]
Cambodia dreams of an oil gushing bonanza
Amid electricity cuts, parched hydropower dams and millions of dollars of blackout-related economic losses, a bright spot could be emerging on Cambodia’s energy front. After nearly two decades of false starts, Cambodia has announced it will begin to extract oil for the first time later this year, representing a potential rich new source of energy […]
Cellcard, keeping Cambodia connected
Cellcard CEO Ian Watson said the team was working 24/7 to help ensure customers can continue to communicate at all times, despite the increasing power outages. Mr Watson said Cellcard has arranged further deployment of generators to support the network and help reduce outages in affected provinces. The teams are also ensuring extra capacity across […]