500tpd peanut oil refinery equipment in cameroon

   
500tpd peanut oil refinery equipment in cameroon
                                               
                                               
                                               
                                               
  • 500tpd peanut oil refinery equipment in cameroon
  • 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.
  • What opportunities are there in Cameroon?
  • There are opportunities in storage, pipelines, and gas-to-electricity power stations. 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).
  • 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.
  • How much natural gas does Cameroon have?
  • Cameroon has natural gas reserves estimated to be 4.8 billion cubic feet. Much of this gas remains undeveloped. In the meantime, Cameroon continues to concentrate on upstream and downstream activities. Downstream, the country plans to refurbish the national oil refinery, SONARA, following a devastating fire of an unknown cause in June 2019.