logoBC
Yaoundé - 21 October 2020 -
Public management

Cameroon launches the commissioning phase of a new gas platform offshore Kribi

Cameroon launches the commissioning phase of a new gas platform offshore Kribi
  • Comments   -   Thursday, 15 October 2020 14:30

(Business in Cameroon) - The National Hydrocarbon Company (SNH) informs that a new gas platform "Sanaga 2" has been launched offshore Kribi (where the floating natural gas liquefaction unit (FLNG) operated by Golar is located).

 "This platform, which has a gas compression equipment for the development of the Sanaga Sud oil field, arrived in Cameroon in June 2020 from Holland. It is in the commissioning phase (…) Sanaga 2 will notably help maintain the gas production plateau, which is necessary for the supply of the floating unit Hilli Episeyo, in compliance with contractual obligations, for the continuation of liquefied natural gas exports," the SNH indicates.

This new platform is part of the ongoing project to extend the operation of the LNG carrier Hilli Episeyo. Thanks to its Franco-British partner Perenco, Cameroon initiated negotiations with Golar (British) and Gazprom (Russian) to extend the lifespan of the Hilli Episeyo, which is scheduled to end operations in 2026.

The negotiations are also aimed at increasing the production of LNG. Let’s note that in 2019, Cameroon exported 1.2 million tons of LNG.

Sylvain Andzongo

digital-customs-duty-collection-system-has-paul-biya-saved-20-of-mobile-network-providers-turnover
On October 19, 2020, the Cameroonian Head of State, Paul Biya, ordered the suspension of the reform aimed at collecting customs duties on uncleared mobile...
smuggled-ancient-carved-stones-will-be-repatriated-to-cameroon-us-customs-indicates
US Customs, on October 20, 2020, announced that they seized ancient carved stones from Cameroon known as Ikom monoliths at the airport of...
cameroon-consumer-association-p2ce-warns-of-probable-rise-in-beer-prices-in-2021
On October 17, Plateforme camerounaise du commerce equitable-P2CE (an association of consumer rights protection groups) issued a press release warning...
camwater-announces-xaf1-8-bln-of-net-profit-for-fy2019-up-by-79-yoy
Cameroon Water Utilities Corporation (CAMWATER) announces that for the 2019 financial year, it recorded XAF1.8 billion of net income. This means the...

Mags frontpage


Business in Cameroon n92: October 2020

Crowfunding A solution for young entrepreneurs


Serge Esso, rising lobbyist


Investir au Cameroun n102 Octobre 2020

Financement participatif Une solution pour les jeunes entrepreneurs


Serge Esso, le lobbyiste qui monte