Thursday, April 3, 2008

Cambodia and Thailand willing to share oil and gas resources

According to Radio Australia negotiations between Cambodia and Thailand opened in 1995 on how to divide the sea border. Both countries have been unable to start exploit oil and natural gas resources because of their clashing claims of the. The last round of talks were held in 2006 without getting any closer to an agreement. Radio Australia reports thats the director-general of Cambodia's National Petroleum Authority, Te Duong Tara says talks might resume as early as this April.

Radio Australia says Cambodia is planning to begin oil production in 2011.

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