mustard oil refining machine in ivory coast

                                               
                                               
                                               
                                               
  • Could Côte d’Ivoire’s oil refinery boost exports?
  • Côte d’Ivoire’s state-owned oil refinery, the biggest in French-speaking West Africa with a refining capacity of 3.8m tonnes, could help generate revenues through exports to neighbouring countries. A conservative estimation puts production from the new block at 150, 000 bpd, says Robin Mills, CEO of Dubai-based consultancy Qamar Energy.
  • Did Côte d’Ivoire find a’major’ offshore oil & gas discovery?
  • Côte d’Ivoire announced a “major” offshore oil and gas discovery on Wednesday after “very promising” exploration results in 2014 led to interest from several oil majors. Italian energy group Eni said it had found up to 2bn barrels of oil and 2.4trn cubic feet of associated gas.
  • How much oil does Côte d’Ivoire produce?
  • Côte d’Ivoire currently produces around 50,000 bpd compared to Nigeria, Africa’s largest oil producer, which produces around 2.5m. The government has been on an investment drive in recent years in an attempt to diversify the economy away from an overreliance on cocoa and gold, by developing its mining and energy sectors.
  • How much oil did Eni find in Côte d’Ivoire?
  • Italian energy group Eni said it had found up to 2bn barrels of oil and 2.4trn cubic feet of associated gas. Energy minister Thomas Camara said the find would “greatly increase” Côte d’Ivoire’s proven reserves in the coming years, which are estimated at around 100m barrels.