KrisEnergy (Apsara) and KrisEnergy (Cambodia) have signed a loan agreement with Kepinvest Singapore covering a loan of up to $87 million. It will be used to fund the development of KrisEnergy’s offshore Cambodia block A Apsara oil and gas field in the Khmer basin of the Gulf of Thailand. Currently, the Apsara development is being phased due to uncertainties over production from the Khmer basin.
