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Will oil wealth keep Cambodia afloat, or drown it? |
| Home | (IHT) - SIHANOUKVILLE, Cambodia: Still clawing its way out of the ruins of its brutal past, Cambodia has come face to face with an extraordinary new future: It has struck oil. Two years ago, the U.S. oil giant Chevron said it had found potentially huge deposits off the southern shore. Further exploratory drilling is being analyzed now. The size and quality of the deposits are still not publicly known. But together with other likely deposits in nearby areas and with mineral finds being explored onshore, experts say Cambodia could soon become a resource-rich nation. |