Home Cambodia Economy

Tela will double fuel storage, expand port

Aug 19th at 08:29
19-08-2016 08:29:48+07:00

Tela will double fuel storage, expand port

Kampuchea Tela Co Ltd, one of the Kingdom’s largest fuel importers and distributors, has announced that it will double its petrol storage facilities, increasing their capacity to 200 million litres, a local media outlet reported yesterday.

Tela chairman and CEO Chhun On was quoted as saying that the increase in storage facilities was due to “increasing demand” and “the potential to import high quality gasoline from abroad.”

He also announced that the company would invest in expanding its 200-metre port terminal located within Sihanoukville Autonomous Port.

phnompenh post

MOST READ

NEWS SAME CATEGORY

‘Flag of convenience’ cancelled by ministry
ECONOMY Aug 19th at 08:28

‘Flag of convenience’ cancelled by ministry

Cambodia has terminated its “flag of convenience” system that allows ship-owners to register a vessel outside of its home country to avoid financial charges or...

NagaCity Walk gives capital a taste of duty-free shopping
ECONOMY Aug 18th at 10:52

NagaCity Walk gives capital a taste of duty-free shopping

The NagaCity Walk, a $94 million subterranean shopping centre in Phnom Penh aimed at high-rolling tourists visiting the adjacent NagaWorld casino and hotel complex...

Call to lift expat fees to Angkor site
ECONOMY Aug 18th at 10:48

Call to lift expat fees to Angkor site

A tourism industry work group has called for the government to drop entry fees to Angkor Wat Archaeological Park for several hundred expats living in Siem Reap and...

Cambodia pushes for more Japanese tourism
ECONOMY Aug 18th at 10:46

Cambodia pushes for more Japanese tourism

The Ministry of Tourism held a seminar yesterday to discuss strategies for attracting more Japanese tourists to the country with the goal of increasing inbound...

Business disputants file case for arbitration
ECONOMY Aug 17th at 08:29

Business disputants file case for arbitration

The National Commercial Arbitration Centre (NCAC) received its latest case last week, marking just the third time that a commercial dispute has been brought to the...

Bassaka Air sticks to its routes
ECONOMY Aug 17th at 08:28

Bassaka Air sticks to its routes

Bassaka Air has said it plans to continue serving the Cambodian domestic market, bucking analyst predictions that the airline would abandon this increasingly...

Board of CRF seeks a double term
ECONOMY Aug 16th at 07:57

Board of CRF seeks a double term

Just a month since their election, the leaders of the nation’s apex rice industry have cast a motion to extend their terms – a move some have greeted with suspicion.

Local travel company expands mini-bus fleet
ECONOMY Aug 16th at 07:54

Local travel company expands mini-bus fleet

Local transportation company Larryta signed a purchase agreement for 12 mini-buses yesterday, effectively doubling the of its fleet in what its executives said was...

Metered tuk-tuks making inroads in Phnom Penh
ECONOMY Aug 15th at 08:10

Metered tuk-tuks making inroads in Phnom Penh

Cambodia's first fleet of metered tuk-tuks is taking on the capital’s traditional business model for cheap motorised conveyance, where fare prices are usually...

Disney carbon deal sets stage for more partnerships
ECONOMY Aug 12th at 08:47

Disney carbon deal sets stage for more partnerships

Cambodia's first large-scale private-sector sale of carbon credits was finalised yesterday, with conservationists predicting that it could pave the way for more...

Read More

MOST READ

Back To Top