Sunday, June 15, 2008

France, China to sign oil and gas deal with Cambodia

Saturday, June 14, 2008; Posted: 03:12 AM

Phnom Penh, Jun 13, 2008 (Asia Pulse Data Source via COMTEX) -- France's oil and gas company TOTAL and China National Offshore Oil Corporation CNOOC are expected to sign a deal with Cambodia to explore oil and gas on the mainland of Cambodia.

The signing ceremony will take place this year, following the conclusion of Cambodia?s parliamentary election scheduled on July 27.

Currently, other oil and gas companies in the world such as Moeco, Jogmec, GS Gallex, Pan Orient and Inpex are working with Cambodian National Petroleum Authority (CNPA) to reach agreements on oil and gas exploration in the country.

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