logoBC
Yaoundé - 28 March 2024 -
Energy

Cameroon sold 12mln m3 of LNG as at end of September 2022 (official data)

Cameroon sold 12mln m3 of LNG as at end of September 2022 (official data)
  • Comments   -   Friday, 09 December 2022 16:11

(Business in Cameroon) - At the end of September 2022, Cameroon sold a total of 12 million m3 of liquefied natural gas (LNG) to the international market, the Ministry of Water and Energy (Minee) reported. At the end of the previous month, the volume sold was 9,335,000 m3.

The average monthly production this year is up nearly 400,000 m3 compared to 2021. Golar, the company which operates the floating natural gas liquefaction plant with SNH and Perenco, said the production of this facility will increase from 1.2 million tons per year to 1.4 million tons in 2022. The increase could even reach 400,000 tons/year from January 202, according to the national hydrocarbon company SNH. "This could bring the total annual production of LNG to 1.6 million tons from January 2023," the company said.

Cameroon's LNG is sold to the Singaporean subsidiary of the Russian group Gazprom and delivered to India, South Korea, Kuwait, and Turkey.

S.A.

mtn-cameroon-sees-record-growth-with-cfa325-7bn-revenue-in-2023-amid-market-challenges
MTN Cameroon reported a robust revenue of CFA325.7 billion for 2023. According to data released on the Johannesburg Stock Exchange in South Africa, this...
cameroon-s-customs-enforces-air-cargo-regulations-threatens-fines-for-non-compliance
Edwin Fongod Nuvaga, the Director-General of Customs in Cameroon, has issued a reminder to airlines about their obligations to comply with standard...
cameroon-s-brewer-sabc-surpasses-decade-s-average-annual-investment-in-2023
Cameroon’s brewing company SABC, a local subsidiary of the Castel Group, claimed a cumulative investment of CFA313 billion over the past decade, as...
cameroon-sabc-s-turnover-falls-by-cfa4bn-yoy-in-2023-despite-increase-in-sales
Cameroonian brewing company SABC announced it has wrapped up 2023 with a turnover of around 729 billion FCFA, slightly down by CFA4 billion compared to...

Mags frontpage


Business in Cameroon n110: April 2022

Covid-19, war in Europe: Some Cameroonian firms will suffer


Albert Zeufack: “Today, the most important market is in Asia”


Investir au Cameroun n120: Avril 2022

Covid-19, guerre en Europe : des entreprises camerounaises vont souffrir


Albert Zeufack: « Le marché le plus important aujourd’hui, c’est l’Asie »