• When will Cambodia’s first oil refinery be complete?
  • Construction on the first-ever oil refinery plant in Cambodia, expected to be complete by 2022, has been temporarily paused due to the developers¡¯ financial shortage. According to the initial plan, the project, which broke ground since 2017, should have already gone online since early 2019.
  • How much oil will Cambodia refinery produce a year?
  • The refinery is expected to eventually have an annual production capacity of 5 million tons of oil¡ªenough to satisfy Cambodia¡¯s domestic demand, which was 1.8 million tons in 2015, and provide supplies for export, according to the ministry.
  • Where is the Cambodian Petrochemical Co refinery located?
  • The groundbreaking ceremony for the Cambodian Petrochemical Co refinery in Preah Sihanouk province, in a photograph uploaded to the Mines and Energy Ministry¡¯s facebook page on Thursday. The Cambodian Petrochemical Co. refinery will be built in two phases, the post says.
  • Will Cambodia extract its own crude oil from Sihanoukville?
  • In a speech at the ceremony, Mr. Sem, the minister, said crude oil would initially be imported from Middle Eastern countries, but in the future Cambodia¡¯s own oil deposits off the coast of Sihanoukville would also supply the refinery. It remains unclear how long the country will have to wait to extract its own crude oil.
  • Will krisenergy develop oil fields in Cambodia?
  • The country struck a deal with Singapore-listed KrisEnergy in 2017 to develop 3,083 square kilometres of the Khmer basin. KrisEnergy estimates that the first phase of development will generate around 7,500 barrels a day. The company doesn¡¯t know yet if the project is likely to extend to further development of oil fields in Cambodia.
  • How much money will Cambodia make from krisenergy?
  • KrisEnergy has put the amount of recoverable oil at less than 10 million barrels. Cambodia is likely to see a modest bump to its revenues from the project. Between royalties and taxes, the government will make around $500m from the project. That number is small compared to the revenues its neighbours collect.