No bidder shall be granted more than two exploration blocks with total acreage not exceeding 15 000 sq. km. The maximum initial duration of exploration period is four years and may be extended twice for a period of up to two years each. Production period is for thirty years after the effective date and can be extended once for five years.
   
            In any case where the Cambodian Government desires to conduct petroleum operations, the Cambodian National Petroleum Authority will :
   
 
  • invite for bid
  • give particulars to be mentioned in invitation for bid
  • ask the Bidder to give the particulars to be mentioned in bid
  • evaluate the bid
  • negotiate with any qualified bidders
  • forward the bids with its recommendations to the Cambodian Government for approval
  • notice for signature of the Petroleum Agreement
  • sign Petroleum Agreement.
 
   

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Last Update: 8 August 2002
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