(Business in Cameroon) - Since its January 2012 launch, the Logbaba-Ndogpassi natural gas treatment plant operated in the suburbs of Cameroon’s economic capital by Rodeo Development, a subsidiary of the British company, Victoria Oil and Gas (VOG), is landing more and more customers.
Indeed, from its initial 16 corporate clients when it opened in November 2013, Rodeo Development now has 28 pipeline users.
Despite the exodus of companies switching to natural gas (cleaner and cheaper than oil and electricity) produced in Douala, VOG and its subsidiaries are confident about their ability to ensure market supply. Logbaba’s natural gas reserves are estimated to be over 212 billion cubic metres. To date, only 14 to 16 million cubic metres are being mined per day.