{"id":471936,"date":"2021-06-10T10:41:00","date_gmt":"2021-06-10T10:41:00","guid":{"rendered":"https:\/\/www.kapitalafrik.com\/?p=471936"},"modified":"2021-06-10T10:41:00","modified_gmt":"2021-06-10T10:41:00","slug":"cameroon-increase-in-oil-and-gas-exports","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2021\/06\/10\/cameroon-increase-in-oil-and-gas-exports\/","title":{"rendered":"Cameroon: increase in oil and gas exports"},"content":{"rendered":"<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div><p>Despite the difficult economic environment, oil and gas exports are on the rise at the end of the first four months of the year, according to figures compiled by the National Hydrocarbons Company (SNH). These exports represent 13.25 million barrels of oil equivalent produced, an increase of 4 million barrels of tonnes compared to last year when oil production in April was 9.34 million barrels.<\/p>\n<p>With more than 809,352 m3 of LNG, gas production is also on the rise, compared to 745.96 million cubic meters produced at the end of April last year.<\/p>\n<p>The cumulative sales of crude oil and liquefied natural gas (LNG) brought 121.68 billion FCFA to the public treasury, (226 million dollars). During the period under review, SNH paid 10 billion FCFA in dividends, 10.60 billion in taxes.<\/p>\n<p>In addition, 10,233.267 tonnes of domestic gas for local consumption was loaded at the LPG depot while 111.91 million m3 of natural gas was delivered to the Kribi thermal power station for power generation.<\/p>\n<p>Despite the health crisis linked to the coronavirus pandemic which has deconstructed activity which led SNH to postpone the operation of certain boreholes, these figures on an upward trend presage a consolidated activity, especially as the price barrel of oil hovering around $ 70 is well above the average of $ 43 a year ago.<\/p>\n<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div>","protected":false},"excerpt":{"rendered":"<p>Despite the difficult economic environment, oil and gas exports are on the rise at the end of the first four months of the year, according to figures compiled by the National Hydrocarbons Company (SNH). These exports represent 13.25 million barrels of oil equivalent produced, an increase of 4 million barrels of tonnes compared to last<\/p>\n","protected":false},"author":536282,"featured_media":471937,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":{"pmpro_default_level":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"","_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[12028,12036],"tags":[12599,18797,16968,14738],"class_list":["post-471936","post","type-post","status-publish","format-aside","has-post-thumbnail","category-energy","category-sectors","tag-cameroon-en","tag-gas-exports","tag-increase","tag-oil","post_format-post-format-aside","pmpro-has-access"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.5 (Yoast SEO v27.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Cameroon: increase in oil and gas exports - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, givemeaning to statistics. Our \u201cexaggerated pretensions\u201d inspire us. We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. 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