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CAMEROON CHAD

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

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

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. [...] (320 words)

Issue dated 24/02/2021 Reading time 2 minutes

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Energy

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CAMEROON
CHAD
Adolphe Moudiki
Béchir Madet
Cameroon Oil Transportation Co
China National Petroleum Corp
Covid-19
ExxonMobil
Galileo Négoce & Conseil
Glencore
Idriss Déby
Paul Biya
Petronas
Serge Yawili Mokito
Société des Hydrocarbures du Chad
Societe Nationale des Hydrocarbures

Covid era accentuates CNPC's differential treatment of local staff

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CAMEROON Energy 18/08/2021

Coco Marine gives SNH opportunity to brush up skills

With no experience in offshore operations, the national oil company may use the reassessment of an old ConocoPhillips discovery as an opportunity to train staff in the field. [...]

CHAD Energy 08/07/2021

Oil and petroleum ministers wait for chance to trip up ExxonMobil over Doba sale to Savannah

The deal between the two oil groups may not go smoothly without a small gesture from the US major to the public treasury. [...]

CAMEROON Politics 20/04/2021

Paul Biya keeps fellow octogenarians in power whatever the cost

The 88-year-old Cameroonian president will not let his fellow executive members retire out of fear that their retirements could raise unspoken questions about his own position as head of state. [...]

Marcel Niat Njifenji, Speaker of the Senate with Cavaye Yeguie Djibril, President of the National Assembly (left to right), on March 6, 2018 in Yaounde. © Jean Pierre Kepseu/Panapress

CHAD Energy 09/03/2021

Panicked Déby and SHT counterattack over Chad-Cameroon pipeline sale

The revelation in our 24 February edition of the planned sale of 50% of Chadian company SHT's shares in the Chad-Cameroon oil pipeline has been denied by SHT's managing director. President Déby had sought at all costs to keep the plan secret before launching his re-election campaign. [...]

Chadian President Idriss Déby. © Ludovic Marin/Pool/EPA/Newscom/MaxPPP

CAMEROON Business 09/03/2021

Bitter battle over Fotso's vast estate rumbles on in France and Cameroon

In France, Victor Fotso's heirs have delayed disclosing the accounts of the companies that control the family's real estate holdings, while in Cameroon, investigators have searched the offices of the notary who handled the oligarch's will. [...]

CAMEROON Business 02/03/2021

Paul Biya Stadium plunges the country into further debt

After having pleaded for a suspension of interest payments on its sovereign debt with one hand, Cameroon is preparing with the other to call on the the banks to loan it more money to enable it to complete construction of the Paul Biya Stadium, which is due to be the centrepiece of next year's Africa Cup of Nations. [...]

The Paul Biya stadium construction site. © Gruppo Piccini

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. [...]

CHAD Energy 18/01/2021

Ex-oil minister Djerassem Le Bemadjiel still unhelpfully behind bars as election looms

As the country gears up to April's presidential election, former oil minister Djerassem Le Bemadjiel remains detained awaiting trial following his arrest in September. Running for a sixth term, Idris Déby would have liked his support on the campaign trail. [...]

CAMEROON Energy 25/11/2020

Biya and SNH pin recovery hopes on gas fields

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. [...]

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

CHAD Energy 19/10/2020

Déby's newest Erdis bloc investors in default

One year after acquiring seven exploration blocks in the Erdis basin in northeast Chad, Ewaah Investors have yet to pay. [...]

Déby's newest Erdis block investors in default. © REGIS DUVIGNAU / POOL/EPA/Newscom/MaxPPP

CHAD Energy 13/07/2020

ExxonMobil has little to fear from Déby's new oil bill

After several months of preparation, the Chadian oil ministry, which for the last year has been headed up by Mahamat Hamid Koua, is putting the final touches to the new hydrocarbons draft bill. [...]

Focus

CHAD Business 03/02/2020

RJM Aviation reigns supreme in the sky over Chad

In less than 10 years, private air transport company RJM Aviation, headed by Thierry Miallier, has become a key operator in N'Djamena. It has transported Idriss Déby, Operation Barkhane soldiers, ExxonMobil and even George Clooney. [...]

Receive free prompts for these topics

CAMEROON
CHAD
Adolphe Moudiki
Béchir Madet
Cameroon Oil Transportation Co
China National Petroleum Corp
Covid-19
ExxonMobil
Galileo Négoce & Conseil
Glencore
Idriss Déby
Paul Biya
Petronas
Serge Yawili Mokito
Société des Hydrocarbures du Chad
Societe Nationale des Hydrocarbures

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