OR says Cambodian oil ban will not affect firm

SET-listed PTT Oil and Retail Business (OR) does not expect Cambodia’s ban on energy imports from Thailand to seriously affect its trade through 186 petrol stations in Cambodia.

- YUTHANA PRAIWAN

The company was responding to an announcement by Cambodian Prime Minister Hun Manet on social media that his country would ban oil and gas imports from Thailand after midnight on June 22, as the territorial dispute between the two countries shows no signs of abating.

Cambodia will focus on buying fuel from Vietnam, Singapore or Malaysia, he said.

"We will keep selling the remaining amount of oil at each station until the fuel is sold out," said a senior OR executive who requested anonymity.