Cambodia sees fuel price decline

PHNOM PENH, Sept. 11 (Xinhua) — Cambodia has recorded a drop in the retail prices of gasoline and diesel over the last 30 days, the Ministry of Commerce said on Wednesday.
At gas stations on Wednesday, regular gasoline costs 3,900 riel (0.96 U.S. dollars) per liter, while diesel costs 3,750 riel (0.92 U.S. dollars) per liter, reflecting declines of 4.87 percent and 6.35 percent, respectively, over the past 30 days, according to the Ministry.
Cambodia currently relies entirely on the imports of diesel fuel and petroleum oils as its seabed’s oil reserves have not been tapped yet.
The country’s demand for oil products in Cambodia may increase to 4.8 million tons in 2030, up from 2.8 million tons in 2020, according to Cambodia’s Ministry of Mines and Energy. ■