mustard oil refinery plant special soybean peanut in cameroon

   
mustard oil refinery plant special soybean peanut in cameroon
                                               
                                               
                                               
                                               
  • mustard oil refinery plant special soybean peanut in cameroon
  • Should Cameroon develop natural gas?
  • Upstream: Confirmed findings of oil reserves on the Chad Basin and the Bakassi peninsula remain unexploited. Cameroon has natural gas reserves estimated to be 4.8 billion cubic feet, much of which remains undeveloped. If the Cameroonian government decides to develop these fields, there would be significant U.S. export potential.
  • Does Cameroon have oil reserves?
  • According to Cameroon¡¯s EITI Committee, the extractive sector contributed 3.9% to Cameroon¡¯s GDP in 2021 against 2.20 in 2020, 16.3% to the State revenue against 16.3% in 2020, and 31.2% to exports against 31.2% in 2020 (see table below). Upstream: Confirmed findings of oil reserves on the Chad Basin and the Bakassi peninsula remain unexploited.
  • Will Cameroon build a second oil refinery?
  • Downstream: In September 2022, the government of Cameroon indicated it will launch a public tender to refurbish the national oil refinery SONARA. Due to the high level of refined petroleum imports, there have also been calls to build a second refinery. A second refinery would represent a significant business opportunity for U.S. firms.
  • Why did Kribi choose to host the CEMAC refinery?
  • Thanks to the about 5 million tons/year refinery, the government plans to at least supply the CEMAC region. The financing model chosen for the project is a public-private partnership. Kribi was chosen to host the refinery because of the presence of the floating LNG plant Hilli Episeyo.