(Business in Cameroon) - Victoria Oil and Gas Plc (VOG), an oil exploration and production company that supplies thermal gas from the Logbaba project in Cameroon, is planning to produce compressed natural gas.
On April 4, the oil and gas company announced that it had begun “discussions with strategic and financial partners to launch the project in 2015” in Douala, Cameroon’s economic capital, which VOG considers to be an important market.
This announcement comes at a time when Gaz du Cameroun (GDC), a VOG subsidiary, has gathered the right conditions to build a kilometre of pipeline under the Wouri River to Bonabéri where the company hopes to supply gas to major operators. “The preliminary planning has been completed and has resulted in the certificate of environmental compliance by the Ministry of Environment, the Protection of Nature and Sustainable Development,” stated Victoria Oil and Gas Plc.
It also indicated that the preparatory work and soil survey have started, while adding that drilling will begin in May 2014 for 40 days. The GDC has already identified a strong client base and signed a supply contract for 1.03 mmscf/d of which 0.83 mmscf/d will be close to the area where the pipeline’s grounding point.