(Phnom Penh): Keo Rottanak, Minister of Energy, said Cambodia is increasing fuel imports from suppliers in Singapore and Malaysia to make up for supply shortfalls from Vietnam and China, as the US–Israel war on Iran disrupts global fuel supplies.

Minister Keo Rottanak told Reuters on Wednesday (Mar. 18) that roughly one-third of Cambodia's 6,300 fuel stations, serving nearly 18 million people, have been closed since last Wednesday. Some retailers may have shut down operations in anticipation of further fuel price increases, according to authorities.

Cambodia's increased fuel imports coincide with Vietnam and China restricting fuel exports until at least the end of March to prevent domestic shortages. Due to export restrictions from other sources, Cambodia is increasing its imports from Singapore and Malaysia.

In addition, the minister pointed out that Cambodia can still import limited quantities of fuel from China. Nevertheless, strong partnerships with global suppliers Total and Chevron help mitigate some risks. "Currently, the country's fuel reserves remain comparable to historical levels," he said.

According to the minister, gasoline and diesel imports from the two countries increased by over 25 per cent compared to last year.
=FRESH NEWS