PHNOM PENH, July 26 (Xinhua) -- Cambodia had imported 756,139 tons of petroleum in the first half of this year, 72 pct rise from 440,607 tons in the same period a year ago, showed the data from the Commerce Ministry’s Camcontrol Department on Tuesday.
About 692 million U.S. dollars had been used to purchase the petroleum during the first six months of this year, up 133 percent from 297 million U.S. dollars at the same time last year, it recorded.
It’s estimated that Cambodia consumes more than one million tons of petroleum a year. The country has totally purchased it from Vietnam, Singapore and Thailand.
Cambodian Prime Minister Hun Sen publicly said on July 12 that the country would begin to produce its own oil from December 2012.
Currently, Cambodia’s Petrochemical Company, a joint-venture with China National Automation Control System Corporation, has been studying the feasibility to build an oil refinery with the annual capacity of 5 million tons per year in Preah Sihanouk province.
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