(Business in Cameroon) - The Cameroonian company Green Oil just moved into the distribution of domestic gas, we learned from credible sources. The company has already hooked some depot recognizable through posters pasted on walls, and on which can be read: “Green Oil Gas already available here”.

A small distributor of oil products in Cameroon, who launched its activities in 2011, Green Oil comes on a very competitive domestic gas market, but which still has opportunities. Particularly with the financial difficulties that SCTM, the leader with 33% market share in 2015 against 38% in 2013, is currently facing.

Moreover, in Cameroon, the household demand in domestic gas increases by an average of 8% every year, according to the Caisse de Statibilisation des Prix des Hydrocarbures (CSPH – organisation in charge of stabilising prices); thus revealing the possibility for new players entering the market to win some shares.

BRM