Yaoundé - 06 August 2020 -

Cameroon: Government’s domestic gas subsidies up from XAF32 bln to XAF35 bln in 2018 (CSPH)

Cameroon: Government’s domestic gas subsidies up from XAF32 bln to XAF35 bln in 2018 (CSPH)
  • Comments   -   Thursday, 27 June 2019 18:33

(Business in Cameroon) - In Cameroon, the oil products’ price stabilization institution CSPH provided XAF35 billion to subsidize domestic gas during the 2018 fiscal year.  

Compared with the XAF32.6 billion provided during the 2017 fiscal year, this represents an increase of about XAF3 billion. According to the CPSH, “the strong rise in gas consumption calls for increased imports to fill the gap in national production.

During the year under review, Société nationale des hydrocarbures (SNH) supplied about 10,000 metric tons of domestic gas in the Cameroonian market. This represents 463 loads of tankers and 736,702 cylinders of 12.5 kilograms, which are used by households.

The CPSH adds that this 12.5kg cylinder of gas that Cameroonians usually buy at XAF6,500 in fact costs between XAF10,000 and XAF11,000. This means that the state subsidizes between XAF3,500 and XAF4,500 per 12.5-kilogram cylinder of domestic gas.


On July 30, 2020, Africa Food Manufacture (AFM), which produces Broli-branded pasta, signed an investment agreement with Cameroon’s investment promotion...
The Cameroonian National Hydrocarbon Company (SNH) estimates the value of oil data currently stored in its Mbanga-Bakoko (Douala) based Petroleum...
Some days ago, when they received their July 2020 salary, some physicians and health personnel operating for Cameroon noticed that their usual salaries...
“Ibom Air currently deploys a fleet of five 90-seat Bombardier CRJ900 regional jets,” an article published on Forbes on August 4, informed. According to...

Mags frontpage

Business in Cameroon n90: June 2020

Top 100 economic actors in Cameroon

Colonel Roger Kuitche: “Military strategy is an important tool that will beneft businesses and public administrations”

Investir au Cameroun n100 Juillet-Août 2020

Le Top 100 des acteurs économiques du Camerouns

Colonel Roger Kuitche : « la stratégie militaire appliquée aux entreprises et aux administrations est un outil à exploiter »