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Yaoundé - 24 February 2020 -
Hydrocarbons

Cameroon produces 693,830 m3 of natural gas in Q1 2019

Cameroon produces 693,830 m3 of natural gas in Q1 2019
  • Comments   -   Wednesday, 22 May 2019 13:22

(Business in Cameroon) - Cameroon national hydrocarbons corporation (SNH) informs the country produced a total of 693,830.42 m3 of Liquefied Natural Gas (LNG) during the first quarter this year.

According to the company, good production was made possible thanks to the Floating Liquefied Natural Gas-FLNG plant in commercial operation at Bipaga, off Kribi, in southern Cameroon. So far, 100% of Cameroon's LNG output is shipped to Asia (China and Taiwan). The continent alone accounts for 73% of the global LNG market. And, SNH says, its demand should continue to grow due to economic and demographic growth as well as the shift from coal to gas for electricity production.

Cameroon started exporting LNG since 2018 with the introduction of FLNG. This floating plant has an annual production capacity of 1.2 million tons per year, 30,000 tons of domestic gas per year and 5,000 barrels of condensate per day. Through this project, Cameroon joins Algeria, Nigeria, Angola, Equatorial Guinea and Egypt as African LNG exporters.

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