RE: Tick tock5 Mar 2026 14:11
Tower produces NIL, below is what they want back into their own refineries and more to follow......
Cameroon produces over 61,000 barrels per day. Total proven oil reserves are estimated at around 200 million barrels.
Gas Development: Gas production is growing, with significant focus on Liquefied Natural Gas (LNG) for export to Europe and Asia, led by companies like Perenco and Victoria Oil & Gas.
The sector is managed by the Société Nationale des Hydrocarbures (SNH), with major operations from Perenco and AFSIC 2026.
Refining Issues & New Infrastructure: Following a 2019 fire, the main refinery, SONARA, has been out of commission, causing high import reliance. However, rebuilding is underway, with a new Kribi refinery set to begin limited operations in early 2026.
Future Outlook: A new licensing round for nine blocks in the Douala/Kribi-Campo and Rio del Rey basins was launched in late 2025 to boost exploration
Tower a very, very small fish , trying to grow, JA very trying for a decade........GLA