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Royal Group in talks with China, Indonesia on proposed oil pipeline


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Cambodian conglomerate the Royal Group is in talks with two foreign state-owned petroleum companies to conduct feasibility studies for an oil pipeline that would run from Sihanoukville to Phnom Penh, a government official has confirmed.

Meng Saktheara, secretary of state at the Ministry of Mines and Energy, said the Royal Group was engaged in discussions to develop Cambodia’s downstream capabilities via a pipeline.

He said the company had recently been approached by a state-owned Chinese company and Pertamina, an Indonesian state-owned oil and natural gas corporation.

read more http://www.phnompenhpost.com/business/royal-group-talks-china-indonesia-proposed-oil-pipeline

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