Core Insights - Cambodia's fuel import total reached $1.84 billion from January to September 2025, a decrease of 12.3% compared to $2.1 billion in the same period of 2024 [1][3] Fuel Import Breakdown - Diesel imports amounted to $992 million, reflecting an 11.8% year-on-year decline [1][3] - Gasoline imports totaled $592 million, showing an 18% decrease year-on-year [1][3] - Liquefied petroleum gas (LPG) imports were $255 million, which is a 2.8% increase year-on-year [1][3] Market Trends and Future Outlook - The decline in fuel imports indicates a slowdown in industrial fuel demand, influenced by global oil price reductions, improved energy efficiency, and the growing role of renewable energy and hydropower in domestic energy consumption [3] - Cambodia's energy security strategy aims to diversify energy sources and enhance regional grid connectivity, potentially reducing reliance on imported fossil fuels, aligning with its green growth objectives [3] - The Ministry of Mines and Energy projects that national oil product demand will continue to grow, increasing from 2.8 million tons in 2020 to 4.8 million tons by 2030, and reaching 8.3 million tons by 2040 [3]