The world’s newest petrol-state

Reports from Phnom Penh say that oil companies from Japan, South Korea, China, Malaysia, Singapore, Kuwait, Australia and France have been lining up for licences to tap Cambodia’s gigantic oil wealth.

According to several studies conducted by the United Nations, World Bank, Harvard University and other reliable institutions, Cambodian reserves could contain as many as 2 billion barrels of oil and 10 trillion cubic feet of gas.