Cambodia asks Sinopec to build oil refinery by 2018

Reading Time: 1 minute

Cambodia gas stationCambodian Prime Minister Hun Sen on October 14 urged China Petroleum & Chemical Corporation, or Sinopec Corp, Asia’s largest oil refining and petrochemical enterprise, to expedite its process to build an oil refinery in Cambodia – the first ever – by 2018, Xinhua reported on October 15, citing a spokesman.

The premier made the suggestion during a meeting with Cai Xiyou, senior vice president of Sinopec Corp, at the Peace Palace in Phnom Penh.

In April, Cambodian Petrochemical Company and several Chinese firms signed a Memorandum of Understanding to jointly build a 5- million-ton oil refinery in Cambodia with the investment amount of $1.67 billion.

“Prime Minister Hun Sen supported the project and urged the company to construct the oil refinery as soon as possible in order to enable Cambodia to produce oil by the latest 2018,” Eang Sophallet, personal spokesman for Hun Sen, told reporters after the meeting.

“The premier also advised the firm to reduce impact on environment as much as possible,” he added.The oil refinery project will be built on the 80-hectare area within the boundary of Preah Sihanouk province and Kampot province, according to the master plan.

Do you like this post?
  • Fascinated
  • Happy
  • Sad
  • Angry
  • Bored
  • Afraid

Reading Time: 1 minute

Cambodian Prime Minister Hun Sen on October 14 urged China Petroleum & Chemical Corporation, or Sinopec Corp, Asia’s largest oil refining and petrochemical enterprise, to expedite its process to build an oil refinery in Cambodia – the first ever – by 2018, Xinhua reported on October 15, citing a spokesman.

Reading Time: 1 minute

Cambodia gas stationCambodian Prime Minister Hun Sen on October 14 urged China Petroleum & Chemical Corporation, or Sinopec Corp, Asia’s largest oil refining and petrochemical enterprise, to expedite its process to build an oil refinery in Cambodia – the first ever – by 2018, Xinhua reported on October 15, citing a spokesman.

The premier made the suggestion during a meeting with Cai Xiyou, senior vice president of Sinopec Corp, at the Peace Palace in Phnom Penh.

In April, Cambodian Petrochemical Company and several Chinese firms signed a Memorandum of Understanding to jointly build a 5- million-ton oil refinery in Cambodia with the investment amount of $1.67 billion.

“Prime Minister Hun Sen supported the project and urged the company to construct the oil refinery as soon as possible in order to enable Cambodia to produce oil by the latest 2018,” Eang Sophallet, personal spokesman for Hun Sen, told reporters after the meeting.

“The premier also advised the firm to reduce impact on environment as much as possible,” he added.The oil refinery project will be built on the 80-hectare area within the boundary of Preah Sihanouk province and Kampot province, according to the master plan.

Do you like this post?
  • Fascinated
  • Happy
  • Sad
  • Angry
  • Bored
  • Afraid