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.
What is groundnut oil manufacturing process?
Groundnut oil manufacturing process is divided into two methods, the first is mechanical pressing and the second is solvent extraction. Mechanical pressing can extract 85% oil and the remaining oil is extracted by the solvent extraction method.
Does Ivory Coast have oil?
Ivory Coast has struck oil just as much of the developed world has begun to call time on fossil fuels and some financial institutions are reluctant to take carbon-emitting projects on to their balance sheets.
How many oilfields are there in Côte d’Ivoire?
Offshore oil was first discovered in the West African country in 1977, with the bulk of the oil and gas wells later drilled in shallow marine areas. The latest find is the first deep water commercial discovery in more than 20 years. To date, Côte d’Ivoire has identified 51 oilfields with four in production and 26 in exploration.
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.