Cambodia Set for Oil and Gas Development Bonanza

Cambodia Set for Oil and Gas Development Bonanza

BANGKOK, Thailand -- Cambodia is on the verge of attracting the attention of business news writers instead of the horror headlines that for so long marked reporting about the Southeast Asian country.

Instead of horrendous stories of the murderous and bizarre Khmer Rouge regime that bludgeoned the place back into the dark ages, the news out of Cambodia is set to focus on oil and gas production and refineries and port development.

It should be a time for happy anticipation by the international institutions and NGOs that have propped up the country for years. But instead there is trepidation that Cambodia's anticipated "black gold" bonanza from rich, as-yet-untapped, offshore undersea fields could plunge the fragile country of 13 million back into the despair of the 1990s.

Keep reading for free

Already a subscriber? Log in here .

Get instant access to the rest of this article by creating a free account below. You'll also get access to three articles of your choice each month and our free newsletter:
Subscribe for an All-Access subscription to World Politics Review
  • Immediate and instant access to the full searchable library of tens of thousands of articles.
  • Daily articles with original analysis, written by leading topic experts, delivered to you every weekday.
  • The Daily Review email, with our take on the day’s most important news, the latest WPR analysis, what’s on our radar, and more.