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Cambodia's oil prospects uncertain
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Cambodia's oil prospects uncertain

HenryTo
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Joined: 06 Aug 2004
Posts: 11732
Location: Los Angeles, California

Posted: Thu Jun 14, 2007 12:44 am Post subject: Cambodia's oil prospects uncertain

Prime Minister backtracking on the optimistic views of the Chevron find in Cambodian waters two years ago:

http://www.forbes.com/markets/feeds/afx/2007/06/06/afx3792846.html

Quote:

Still, the potential for a sudden influx of billions of dollars into one of the world's poorest economies has observers warning of disaster for corruption-plagued Cambodia, sparking an angry response from Hun Sen.

'I am fed up -- the oil is still under the seabed but they (already) accuse us of corruption...' he said.

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