Country Report
Cambodia upstream summary
Report summary
The Cambodian upstream industry is still in its infancy compared to the majority of its South-Eastern Asian neighbours. The greatest potential is thought to exist in the disputed Overlapping Claims Area (OCA) between Thailand and Cambodia, which could hold a high level of gas and liquids resources. However, exploration is on-hold pending resolution of the OCA issue. On 30 October 2014, Thai Prime Minister, General Prayut Chan-o-cha met Cambodian Prime Minister Hun Sen in ...
Table of contents
- Executive summary
- Key facts
- Location maps
-
Key companies
- Offshore/Transitional
- Onshore
-
Geology
-
Introduction
- Khmer Trough
- Gulf of Thailand
- Tonle Sap
- Source rocks and reservoirs
-
Introduction
-
Exploration
-
Licensing
- Historic licensing
- 1989 Foreign Investment Law and licence round
- Second licensing round (1992)
- 1994 Foreign Investment Law
- 1999 to 2009
- 2010 to 2019
- Onshore geophysical surveys
-
Cambodia-Thailand Overlapping Claims Area (OCA)
- 1997 - Conditional Petroleum Agreements
- 2001 - Memorandum of Understanding
- 2009 - Relations worsen
- 2011 - A new era?
- 2014 - New Thai Prime Minister to re-establish relationship
- Participation
- Cambodia-Vietnam discussions
-
Drilling
- Drilling activity
- Historical drilling
- CAMPEX
- Enterprise and Premier
- Idemitsu
- Chevron
- Other exploration
- Future exploration
-
Licensing
- Reserves and resources
-
Production
- Oil/Liquids
- Gas
-
Infrastructure
- Introduction
-
Policy and regulation
-
Key legislation
- 1994 Foreign Investment Law
- 1996 Revised Petroleum Agreement
- 2019 Law on Management of Petroleum and Petroleum Products
- State oil company
- State participation
-
Licensing
- Contract area
- Duration of contract
-
Key legislation
-
Fiscal terms
-
Overview
- Upstream
- Key Issue
- Current fiscal terms
- Production Sharing Contract
-
NOC equity participation
- Participation rate
- Carry and reimbursement
-
Bonuses, rentals and fees
- Signature bonuses
- Production bonuses
- Area rentals
- Training fees
- Other bonuses and fees
-
Indirect taxes
- VAT / Sales tax
- Import duties
- Social development levies
-
Royalty and other production taxes
- Royalty
- Export duty
- Environmental / CO2 taxes
- Other production taxes
- Domestic Market Obligation (DMO)
- Work commitments
- Contractor revenue entitlement
-
PSC cost recovery
- Cost recovery ceiling
- PSC profit sharing
-
Corporate (or Petroleum) Income Tax
- Taxable income
- Tax rate
- Additional profits taxes
- Fiscal/contractual ring-fences
- Other taxes
-
Sample cash flow
- Key assumptions
- Marginal Government Take Calculation
-
Overview
Tables and charts
This report includes 17 images and tables including:
- Key facts: Table 1
- Country Map
- Reserves and resources: Table 1
- Reserves and resources: Table 2
- Exploration: Table 1
- Exploration: Table 2
- Fiscal terms: Table 1
- Fiscal terms: Table 2
- Cambodia: Geological Basins Map
- Cambodia Licensing Map
- Drilling Activity by Well Type
- Fiscal terms: Table 3
- Fiscal terms: Table 4
- Fiscal terms: Table 5
- Fiscal terms: Table 6
- Fiscal terms: Table 7
- Fiscal terms: Table 8
What's included
This report contains:
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