Energy
New twist in pipeline affair: Chad rejects Cotco's newly appointed CEO
Nicolas de Blanpré, the former head of the Chadian subsidiary of British Savannah Energy was appointed MD of the Cameroon Oil Transportation Company...Gaz du Cameroon: Govt vetoes 20% increase in tariffs
The Cameroonian government issued a decision opposing the 20% tariff increase for natural gas decided by Gaz du Cameroun (GDC), the local dealer of...Pipeline: Cameroon generated CFAF12.2 bln in royalties in Jan-Apr 2023
The Cameroon-Chad pipeline generated CFAF12.12 billion for Cameroon between January and April 2023, according to a recent release from the CPSP, the...Pipeline: Is the Cemac Commission oblivious to Savannah’s entry into Cotco?
In his May 15, 2023, decision authorizing Chadian oil company SHT to complete the takeover of Petronas' shares in Chad’s oil production and transportation...CEMAC calls on Chad to transfer part of its shares in Cotco to Cameroon
Last May 15, Daniel Ona Ondo, the President of the CEMAC Commission, signed a decision authorizing the Chadian National Oil Company (SHT) to acquire...Gaz du Cameroun raises tariffs by 20%, increases pressure on industrial sector production costs
Gaz du Cameroon (GDC), the local dealer of British Victoria & Gas, sent a letter to its customers last May 15 informing them about an upcoming rate...Djarmaya refinery shutdown raises super fuel prices in Kousseri
The prefect of Logone et Chari department, Fombele Mattias Tayem, intervened to address the sharp increase in the price of super fuel in Kousseri, a town...Eneo reports a Q1 2023 without load shedding in the Northern regions, the first time in over 3 years
No load shedding was reported in the northern regions (North, Adamaoua, and Far North) of Cameroon between January and March 2023, the electricity company...Eneo claims over 210,000 new connections in one year
Cameroon power company Eneo reported a customer base up 12.278% between January 2022 (1,715,093) and January 2023 (1,925,667). This means the company has...Cameroon: govt disputes CFA186bn debt claimed by Eneo, negotiations underway
The Cameroonian government is not ready to pay the CFA186 billion in debt claimed by the national electricity company Eneo. The state believes that the...Tensions over Chad-Cameroon pipeline: Savannah Energy sets the record straight
After the Chadian government's harsh accusations against his company, Yacine Wafy came out to set the record straight and explain the situation. Yacine...Chad-Cameroon pipeline: Ngoh Ngoh declares end of tensions
The situation seems to have calmed down between Chadian and Cameroonian authorities regarding recent tensions over the management of the oil and gas...CEMAC suffered a 17.9% drop in the prices of energy exports in Q1 2023
The prices of energy products exported by Cemac countries during the first quarter of 2023 fell by 17.9% QoQ, the Composite Commodity Price Index (ICCPB)...Load shedding reported in seven regions after the Sonatrel tower collapses
People in several localities of the Littoral, Central, South, East, West, North West, and South West regions have been facing load shedding since the...Chad upset over “irregularities” in management of pipeline with Cameroon
The Chadian government has in an April 20 statement expressed its dissatisfaction with the recent developments in the management of the pipeline it shares...Electricity, oil, and gas dragged secondary sector growth down in Q3 2022
The secondary sector in Cameroon ended the third quarter of 2022 with weak growth of 0.8%, contributing only 0.2 basis points to GDP. According to data...Afreximbank loan eases 13,000+ new solar-powered connections in Cameroon
The Cameroonian Minister of Economy, Alamine Ousmane Mey, signed this week a loan agreement with the African Export-Import Bank (Afreximbank). The deal...Lom Pangar dam: the foot plant expected to deliver its first MW in May 2023
The hydropower plant at the foot of the Lom Pagar dam is expected to finally deliver its first MW in May, according to Théodore Nsangou, head of the...Cameroon secures CFA35bn Afreximbank loan for solar electrification projects
President Paul Biya just signed a decree empowering the Minister of the Economy to reach a financing deal with the African Export-Import Bank...Cameroon: IMF forecasts pump prices to increase by 21% by 2023
The International Monetary Fund recently published an analysis of the impact of rising fuel prices on the Cameroonian market. According to the...Cameroon: Memvé’éle dam’s low production leads to rolling blackouts (Eneo)
The Cameroonian population will soon experience episodes of rolling blackout, which the power utility Eneo blamed in a January 25 statement on the decline...Hydrocarbons: Industry actors roll up sleeves to build the Central African Pipeline System
The Central African Pipeline System (CAPS) Project is gradually taking shape. The African Energy Chamber organized this month a round table during which...Cameroon: govt cuts fuel subsidy by 50%
For 2023, the Cameroonian government plans to allocate CFA350 billion for fuel subsidy, Cyrille Edou Alo'o, the Budget Director General at the Ministry of...Eneo plans CFA6bn investment budget for 2023
Cameroon’s power company Eneo announced a plan to invest CFA65 billion throughout the current year. According to MD Patrick Eeckelers, the plan will...Cameroon sold 12mln m3 of LNG as at end of September 2022 (official data)
At the end of September 2022, Cameroon sold a total of 12 million m3 of liquefied natural gas (LNG) to the international market, the Ministry of Water and...Cameroon: Globeleq to trim local staff by 60%
The local branch of Globeleq in Cameroon announced it has launched a restructuring process. The independent electricity producer -70% owned by British...Cameroon pipeline revenues up 26.5% YoY in October 2022
The exploitation of the Chad-Cameroon pipeline generated a total of CFA34.04 billion for the Cameroonian Treasury at the end of October 2022. According to...French Sunna Design pledges to deploy 100,000 solar streetlights in Cameroon
The Communes et villes unies du Cameroun (CVUC) has just signed a partnership with the French company Sunna Design for the installation of 100,000 solar...Cameroon: CSPH launches construction of a filling plant in Bamenda
Cameroon’s Hydrocarbon Price Stabilization Fund (CSPH) announced the upcoming construction of a gas filling plant in Bamenda. The Fund laid the first...Untimely power cuts disrupt concrete iron production in the Douala-Bassa industrial zone
The Cameroon Organization of Steel Processing Industries (Ocita) sent a letter last October 24 to the Ministry of Water and Energy, describing the...
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