Cambodia Remains Vulnerable to Oil Shocks, Minister Urges Responsible Use

PHNOM PENH, May 18, 2026 (KPT) — Cambodia remains exposed to external oil and gas supply shocks as the country relies entirely on imported refined petroleum, Mines and Energy Minister Keo Rottanak warned Monday, urging more responsible energy consumption.

Rottanak said Cambodia maintains petroleum reserve stockpiles covering 21 to 30 days depending on supply cycles, and has so far managed stable replenishment despite global uncertainty.

“We are susceptible to external shocks because we import 100 percent of our petroleum and refined oil products,” he told reporters. “We do not have crude oil, we do not have refineries, and as a small economy our priority is to ensure continued supply stability.”

He cautioned that Cambodia’s fuel system reflects the limited storage capacity of a small economy and, using a golf analogy, said the country is “not yet out of the woods” on energy vulnerability.

“My appeal remains the same — whether electricity or fuel, people should use energy more responsibly,” he added.

Fuel prices edged lower last week after the government extended tax cuts and subsidies to ease pressure on households and businesses. A joint statement from the ministries of Economy and Finance, Commerce, and Mines and Energy said regular gasoline (Gasoline 92) fell by 150 riel to 5,150 riel (US$1.28) per litre, while diesel dropped 350 riel to 5,200 riel (US$1.30).

Officials said the adjustment reflected movements in regional and international markets.