crude refined oil peanut oil available in cameroon

                                               
                                               
                                               
                                               
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  • 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 is crude oil produced in Cameroon?
  • In Cameroon, the supply of refined oil products is carried out using two methods, local production or direct import. SONARA usually meets up with 80% of oil consumption whereas direct import meets up with the remaining 20%. Local production is carried out by SONARA where it imports crude oil and refine it before transferring them to SCDP.
  • Where does Cameroon's palm oil come from?
  • Most of the imported palm oil comes from Indonesia, Malaysia and Gabon. For several years, Cameroon has been faced with a dilemma: boosting productivity without jeopardizing sustainably.
  • 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.