Thursday, February 19, 2009
Low oil prices set to delay Chevron project in Cambodia
Posted on 2:33 AM by svdfbd
PHNOM PENH (Xinhua) -- Falling oil prices are likely to delay US oil giant Chevron's development of Block A near southwestern Cambodia, English-language daily newspaper the Phnom Penh Post said on Thursday. The company has already finished exploration of the off-shore concession, but won't begin production until at least 2012, said the paper. Chevron was now playing a waiting game in Cambodia
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