(Business in Cameroon) - At October 31, 2017, the total volume of natural gas produced in Cameroon was 334.96 mln cubic meters, according to the country’s Oil and Gas Company (Société nationale des hydrocarbures-SNH). This figure represents a 15.45% increase compared to the volume produced by the same date last year. According to forecasts, the volume of gas to be produced in 2017 is 445.13 million cubic meters.
SNH explained that this increase is mainly due to the rise in gas consumption of Kribi’s thermal power. The company said that it supplied 256.67 million m3 to the plant, for 0.84 million m3 consumed every day. “This volume, which is far above the contractual obligation to receive 0.79 million cubic meters every day, allows the generation of 140 megawatts, or 64.81% of the plant’s capacity”, SNH said.
The company expects Cameroon’s gas sector to perform well in the short term due to the completion works related to the LNG carrier Hilli Episeyo, in the framework of a project to set and operate a floating plant for the liquefaction of natural gas. The latter was baptized “Floating LNG”.
Hilli Episeyo, which has an annual production capacity of 30,000 tons of domestic gas and can produce 5,000 barrels of condensate per day, accosted in Cameroon’s waters on November 20, 2017. It is actually anchored 20 kilometers from Kribi, the seaside town.
Sylvain Andzongo