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CAMEROON

Biya and SNH pin recovery hopes on gas fields

SNH's gaz production ambitions. © Africa Intelligence/Indigo Publications 2020

Hit hard by a health crisis that is expected to slash GDP by 3.5 percentage points, Cameroon is desperately clinging to its gas prospects to rescue the economy. [...] (473 words)

Issue dated 25/11/2020 Reading time 2 minutes

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Energy

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CAMEROON
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What really happened when Biya met oil minister Obiang

Equatorial Guinea is deeply frustrated with Cameroon's nearly stagnant oil sector, which is hampering its plans to develop oil fields straddling the border between the two neighbours with the view to fuel Maputo's EGLNG facility.

President of Cameroon Paul Biya (right) hosts Equatorial Guinea's oil minister Gabriel Obiang Lima on 13 September in Yaoundé.

CAMEROON Energy 18/08/2021

Coco Marine gives SNH opportunity to brush up skills

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Despite promises to the IMF, Biya continues to back his perennial company directors

Even though his governement has negotiated several measures to reform the management of Cameroon's public companies with the International Monetary Fund (IMF), Paul Biya has kept his loyalists at the head of the main parastatals, some of whom have been in place for more than twenty years.

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Paul Biya Stadium plunges the country into further debt

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The Paul Biya stadium construction site.

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The Chadian government, which is mired in debt and badly affected by the Covid-19 crisis, wants to speed up the sale of part of its shares in the COTCO oil pipeline to Cameroonian state-owned oil company SNH.

The Chad-Cameroon pipeline, which connects the Doba oil fields to the port of Kribi.

CAMEROON Energy 11/02/2021

New Age far from starting production on Etinde despite promise of new contract

Numerous financial and political obstacles are preventing New Age from beginning production on Etinde block, agreement of principle or not.

CONGO Energy 10/12/2020

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Yaoundé forecasts severe economic recession

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Spotlight

CAMEROON Politics 18/11/2020

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CAMEROON
Adolphe Moudiki
Bowleven
CGG
Chevron
ConocoPhillips
Covid-19
GEPetrol
International Monetary Fund
Jeffrey Ewing
Lukoil
New Age
Noble Energy
Panafrican Energy Services Group
Paul Biya
Societe Nationale des Hydrocarbures
TechnipFMC
Tower Resources

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Biya and SNH pin recovery hopes on gas fields

This article may be accessed by subscribers and e-wallet holders (USD 12.50)

2 options offered to continue reading

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Set up email notifications for these topics

Chevron in the clear to develop Yoyo and Yolanda fields

What really happened when Biya met oil minister Obiang

Coco Marine gives SNH opportunity to brush up skills

Despite promises to the IMF, Biya continues to back his perennial company directors

Paul Biya Stadium plunges the country into further debt

Biya poised to buy Chadian oil pipeline stake as Deby battles with economic crisis

New Age far from starting production on Etinde despite promise of new contract

Sassou extends New Age's Marine III exploration licence

Yaoundé forecasts severe economic recession

The securocrats guiding Biya's decisions on Anglophone crisis

Chevron tasks exec to assess Noble Energy's gas assets

Etinde and Marine III weather New Age's clearance sale

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First visit

Contacts

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Indigo Publications also publishes: