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Cameroon: the SCDP-Blaze Energy consortium will build the hydrocarbons terminal in the Kribi Port

Cameroon: the SCDP-Blaze Energy consortium will build the hydrocarbons terminal in the Kribi Port
  • Comments   -   Thursday, 19 November 2015 15:45

(Business in Cameroon) - The Cameroonian government has just assigned the counterparty of the partnership contract, for the funding, construction and operation the hydrocarbons terminal of the deep waters port of Kribi, in the Southern region of Cameroon. This is a consortium gathering the Société Camerounaise des Dépôts Pétroliers (SCDP), the public hydrocarbons company, and Blaze Energy, a Canadian company.

The choice of the consortium is a new step forward in the activation of the second phase of the construction of the deep water Kribi Port, which in addition to the hydrocarbons terminal, should host a second container terminal (to be built by the French-Chinese consortium Bolloré-CMA CGM-CHEC); as well as an ore terminal, for which the tendering process is still ongoing. It would be awarded to a Chinese company, we learned from a government memo announcing the setting up of a selection committee.

A Canadian company active in the upstream oil and gas sector as well as an intermediary, Blaze Energy is known in Cameroon, especially by SCDP, its partner on the Kribi hydrocarbon terminal. Indeed, in April 2015, this Canadian company won a market of almost FCfa 4 billion, for the construction of two reservoirs of 6500 metre cube each at the SCDP warehouse in Douala, the economic capital of Cameroon.

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