South Korea Firm Eyes Cambodia’s Energy Investment

A South Korean firm SK E&S Co., Ltd., has unveiled a planned investment to build a power plant run on liquefied natural gas (LNG) in Cambodia.

The information was shared in a recent meeting between Minister of Mines and Energy H.E. Suy Sem and representatives of SK E&S company.

According to H.E. Victor Jona, Director General of the ministry's General Department of Energy, the investment project is in line with the government's endeavour to increase the capacity of power supply in the Kingdom, following this year's energy shortage.

We encourage investment projects that help increase power supply in Cambodia. We will not suffer electricity shortage if we are independent in the energy supply, said H.E. Victor Jona.

The main power source in Cambodia is hydroelectricity, but the country also has coal-fired and solar power plants.

The Royal Government of Cambodia is also ordering purchases of 400 megawatt power generators from Germany and Finland, and will get them installed in Lovea Em district of Kandal province shortly.

According to the ministry's figures, Cambodia consumed 2,650 megawatt last year � about 15 percent higher than consumption in year before � and of the 2018 power consumption, 442 megawatt were imported from Thailand, Vietnam and Laos.

Source: Agency Kampuchea Press