logoBC
Yaoundé - 08 May 2021 -
Hydrocarbons

Cameroon: In 2017, the number of barrels of crude oil sold has dropped by 3.65 mln

Cameroon: In 2017, the number of barrels of crude oil sold has dropped by 3.65 mln
  • Comments   -   Tuesday, 23 January 2018 07:56

(Business in Cameroon) - Société nationale des hydrocarbures (SNH) informs that Cameroon has sold 16.86 million barrels of crude oil in 2017, against 20.51 million in 2016.  Between the two periods, this represents a decrease by 3.65 million barrels.

According to SNH, the decline observed is due to a fall in production. The crude oil commercialized are Kolé (sold by bulks of 950,000 barrels), Lokélé (sold by bulks of 650,000 barrels) and Ebomé (sold by bulks of 400,000 barrels).

The company declares that according to the demands expressed by the Kribi thermal power plant’s operator (KPDC), it has supplied 10,591 million cubic foot of gas in 2017 against 9,764 million cubic foot supplied in 2016. The gas supplied this year has helped exploit 63.09% of the plant’s installed capacity.  

Thanks to these sales, SNH has transferred CFA264.57 billion to the public treasury between January 1 and October 31, 2017. During the same period in 2016, it had transferred CFA266.06 billion. This represents a decrease by CFA1.49 billion between the two periods.

S.A

cameroon-banana-exports-dropped-by-22-11-yoy-in-apr-2021-assobacam-s-data
Banana producers operating in Cameroon exported 13,186 tons of the fruit in April 2021, according to the Banana Association of Cameroon (Assobacam)....
tradex-seeks-a-partner-for-the-supply-of-56-000-gas-cylinders
The state-owned oil operator Tradex recently issued an international call for tenders for the supply, within five months, of 56,000 12.5 kg gas...
cameroon-to-install-solar-plants-of-30mw-energy-generation-capacity-in-the-northern-regions-this-year
Cameroon and electric utility ENEO are currently fine-tuning a project to install mobile and modular emergency solar power plants. This was revealed, on...
consumer-price-index-rose-by-0-2-in-douala-in-march-2021-the-ins-reports
In March 2021, in Douala, the consumer price index (CPI) rose by 0.2%, according to the National Institute of Statistics (INS). The figure is slightly...

Mags frontpage


Business in Cameroon n99: April 2021

Outages ENEO’s director-general explains the situation


Cocoa: Time to boost processing


Investir au Cameroun n109: Avril 2021

Délestages Le DG d’Eneo s’explique


Cacao : cap sur la transformation

  1. Most read 7 days
  2. shared 1 month
  3. read 1 month
next
prev