INDUSTRY BRIEFS

CAMBODIA'S government and France's Total signed a preliminary accord to form a joint venture between Cie. Kampuchea des Carburants (CKC) and Total Cambodia. CKC will contribute two refined products terminals at Phnom Penh and Sihanoukville, Cambodia, and Total will cover cost of revamping the terminals. The venture will receive, store, and load its refined products and possibly later handle third party products as well.

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