Page 137 - Atouts Economiques Cameroun-2019-GB
P. 137

  137
                 (REA). In addition, 63 localities are being electri- fied with PIB funding and 19 by the REA. Under the Energy Sector Development Project, funded by Cameroon and the World Bank, 27 localities in the North and 27 in the North-West are under- going electrification. In the field of renewable energy, the construction of two mini-solar power plants in the South-West as part of the ERD-RUMPI project is continuing. As part of the government project to electrify 350 localities using photovol- taic energy, phase I concerning the electrification
of 166 localities is continuing and funding for phase II on the 184 localities has been secured.
HYDROCARBONS
CRUDE PETROLEUM
In 2016, crude petroleum production stood at 33.7 million barrels against 34.9 million barrels in 2015. The decrease is mainly due to the decline in the production of mature oil fields.
In the first-half of 2017, crude petroleum produc- tion is estimated at 14.6 million barrels, down 18.9% year-on-year. At the end of the year, it dropped by 14.2% to 28.9 million barrels. Exploration work carried out in the Rio del Rey basin has revealed additional reserves estimated at 24.5 million barrels.
NATURAL GAS
In 2016, natural gas production remained vir- tually stable at 12.6 billion cubic feet. Natural gas deliveries to industries are up 22% from the previous year. In the first-half of 2017, natural gas production was 6.9 billion cubic feet, up 7.8% compared to the same period in 2016.
The FLNG project by SNH to install a floating liquefied natural gas plant off Kribi is in progress. Related work for the conversion of the vessel has been completed. The arrival of the factory vessel is scheduled for September and the first exports are expected for the month of November. The extension of the Bipaga gas treatment centre is 91% complete.
The FLNG project off Kribi by SNH is in progress
Extension and modernization of SONARA refinery to henceforth refine Cameroon’s heavy crude
LES ATOUTS ECONOMIQUES DU CAMEROUN






















































































   135   136   137   138   139