oil production line chinese make in cameroon

                                               
                                               
                                               
                                               
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  • How much crude oil is produced in Cameroon?
  • Crude Oil Production in Cameroon remained unchanged at 69 BBL/D/1K in June from 69 BBL/D/1K in May of 2019. Crude Oil Production in Cameroon averaged 84.12 BBL/D/1K from 1994 until 2019, reaching an all time high of 124 BBL/D/1K in January of 1997 and a record low of 59 BBL/D/1K in August of 2011.
  • 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.
  • What is happening in Cameroon?
  • 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. There are opportunities in storage, pipelines, and gas-to-electricity power stations.
  • 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).