logoBC
Yaoundé - 26 January 2021 -

BannerICBC2021

Economy

Cameroon to import 120K tons of domestic gas to cover domestic demand in 2021

Cameroon to import 120K tons of domestic gas to cover domestic demand in 2021
  • Comments   -   Tuesday, 24 November 2020 09:37

(Business in Cameroon) - Okie Johnson Ndoh (President of the ad hoc Commission in charge of petroleum product imports-CIPP) recently published a release informing oil companies with authorization to import the products that on November 23, 2020, a call for tenders was issued for the importation of 120,000 metric tons (MT) of Liquefied Petroleum Gas (LPG), commonly known as domestic gas.

This quantity of LPG is up by 5,000 metric tons (MT) compared to the quantity imported in 2019 (that year, Cameroon also issued a call for tenders to import 115,000 MT of LPG). According to Okie Johnson Ndoh, the 120,000 MT to be imported will cover the country’s needs in the 2021 fiscal year.

The said volume will be imported in three batches: 60,000 MT, 35,000 MT, and 25,000 MT. As for the bids, they will be opened on Tuesday, December 1, 2020, at the Hydrocarbon Price Stabilization Fund’s (CSPH) headquarters in Yaoundé.

These imports will fill the gap in the domestic gas market because the National Hydrocarbons Corporation (SNH) also produces LPG for the local market. In 2019, the corporation produced 20,545.05 tons (equivalent to 1,643,604 cylinders of 12.5 kg, up by 943,604 cylinders since in 2018, the country supplied 700,000 cylinders of 12.5 kg in the market) of Liquefied Petroleum Gas for the domestic market.

Sylvain Andzongo

cameroon-155-advertising-companies-approved-to-operate-this-year
Minister of Communication René Emmanuel Sadi recently published a list of 155 companies authorized to carry out advertising consulting and...
cameroon-water-utility-camwater-seeks-suppliers-for-11-500-conventional-water-meters
Gervais Bolenga (general manager of Cameroon water utilities corporation-Camwater) announces that he recently issued a national call for tenders...
cemac-cameroon-proceeds-to-provisional-acceptance-of-150-km-of-roads-linking-the-country-to-congo
The Cameroonian Ministry of Public Works (Mintp) informs that today January 26, 2021, it will proceed to the provisional acceptance of 150 kilometers of...
cameroon-estimated-at-140-170-tons-in-2020-local-rice-production-covered-only-24-of-demand-minader-reveals
In 2020, Cameroon’s local production covered just 24.3% of its rice demand, according to figures published by the Ministry of Agriculture  (MINADER)....

Mags frontpage


Business in Cameroon n94: December 2020

The rise of Cameroon’s automotive industry


The «Made in Cameroon» war


Investir au Cameroun n104 Décembre 2020

L’émergence d’une industrie automobile camer


La bataille du « Made in Cameroon »