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Hydrocarbons

Cameroon: new well drilled by British VOG in Logbaba gas field will enter into production in September 2017

Cameroon: new well drilled by British VOG in Logbaba gas field will enter into production in September 2017
  • Comments   -   Friday, 18 August 2017 17:15

(Business in Cameroon) - Gaz du Cameroun (GDC), local subsidiary of British oil and gas producer Victoria Oil and Gas (VOG) responsible for production and distribution of gas to companies in the economic capital of Cameroon, will bring into service, from the month of September 2017, one of the two wells whose drilling activities had started in November 2016, we learned officially.

 The supply of new gas should be available during the third quarter, which should allow us to finalise contracts with high usage customers, with whom we have been in discussion over these past months", confided Ahmet Dik, CEO of VOG.

 Thanks to overall investments estimated at about FCfa 115 billion to date,  the Logbaba gas project already allows the supply of natural gas to about 30 companies based in the city of Douala, the economic capital of Cameroon. The project has recently seen the arrival in its capital round of the national oil company Société Nationale des Hydrocarbures (SNH), the secular arm of the Cameroonian state in oil and gas operations, which has taken a 5% share.

BRM

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