Chinese Refining Company Enters Cambodia China’s CNPC Builds First Refinery in Cambodia
An engineering unit of China National Petroleum (CNPC) won a $ 620 million contract to build an oil refinery in Cambodia, China's official Xinhua News Agency reported on Thursday.
Beijing/China – CNPCNE is scheduled to complete building the first phase of the a project of a project with a volume of 40,000 bpd by 2018. This will be Cambodia's first oil refinery and will help cut its reliance on fuel imports, Xinhua said.
The refinery, located in Cambodia's southwestern Preah Sihanouk province, will be further expanded to 100,000 bpd at a total cost of $ 3 billion, Xinhua quoted Hann Khieng, the managing director of the Cambodian Petrochemical.
The plant is jointly owned by CPC and the Chinese firm Sinomach China Perfect Machinery Industry.