Yaoundé - 20 February 2020 -
Public management

Sonara fire: Government reassures of continued oil supply and fuel pump price maintenance

Sonara fire: Government reassures of continued oil supply and fuel pump price maintenance
  • Comments   -   Monday, 03 June 2019 18:08

(Business in Cameroon) - Cameroonian government organized a press conference on the night of June 2 to 3 to appease a worried population following fire that burned down part of facilities of oil refinery Sonara on May 31. The government reassures that the incident will not affect the supply of oil across the country nor the current price of fuel pump.

According to the trade minister, Luc Magloire Mbarga Atangana, regardless of what happened, the government will continue to subsidize fuel pump price in order to keep consumer prices unchanged. This, despite fluctuations on the international market, from which Cameroon gets crude oil for Sonara.  

The minister of water and energy, Gaston Eloundou Essomba, recalled the fire mainly affected the company’s refining units burning down 13 of them, leading to activity suspension. He said, current assessment suggests it will take 10 months to rehabilitate the refining chain. Market supply will now rely on import and first tankers are expected next week.

In 2018, Sonara faced an 8-month shutdown; the time needed to connect new equipment to the old refinery and this had no impact on fuel pump prices or on the supply of refined oil products to the market.


Société Anonyme des Brasseries du Cameroun (SABC), a subsidiary of the French group Castel, indicates it recorded a consolidated net profit of about XAF16...
This year, there could be a shortage of the loincloth produced for the International Women's Day of March 8. Indeed, in an interview published on February...
Banque Atlantique Cameroun (BACM) informs that it achieved a provisional net result of XAF7.1 billion during the 2019 financial year, representing a 17%...
The former deputy managing director of the Higher Institute for Public Management (ISMP in French) is recognized in Cameroon as one of the leading experts...

Mags frontpage

Business in Cameroon n84: February 2020

Money transfer business Cameroon is on the front line

Interview: «Shifting from bureaucratic management to efficient public management»

Investir au Cameroun n94: Février 2020

Sociétés de transfert d’argent Le Cameroun au cœur de la bataille

Entretien : « Passer d’une administration bureaucratique à une gestion publique performante »