Industry in focusCambodian oil: the dream that refuses to die
Sector beset by delays and corruption now pins its hopes on debt-crippled energy firm
Drilling at a KrisEnergy-operated oilfield in the Gulf of Thailand. The company is funneling its limited cash toward its Cambodia offshore concession. (Photo courtesy of KrisEnergy)
SHAUN TURTON, Contributing writer
November 1, 2019 15:30 JST
PHNOM PENH -- Block A -- Cambodia's most promising oil concession -- is the dream that refuses to die. The concession's Apsara field, if fully tapped, would help diversify an economy heavily reliant on garment exports -- and increasingly Chinese investment.