Upstream: Confirmed findings of oil reserves on the Chad Basin and the Bakassi peninsula remain unexploited. Cameroon has natural gas reserves estimated to be 4.8 billion cubic feet, much of which remains undeveloped. If the Cameroonian government decides to develop these fields, there would be significant U.S. export potential.
Does Cameroon have oil reserves?
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). Upstream: Confirmed findings of oil reserves on the Chad Basin and the Bakassi peninsula remain unexploited.
What are mustard seeds used for?
We are offering a complete range of Oil Mill Machinery and Equipment for small to large scale Oil Production Plants. Mustard seeds are Cold Pressed for their distinctive pungent taste. It is often used for cooking in India, Nepal, Bangladesh and Pakistan. Brown and black mustard seeds return higher yields than their yellow counterparts.
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.