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Cameroon / Hydrocarbons: Nine oil blocks promoted by the State

21/05/2019
Source : http://confidentielafrique.com/
Categories: Companies

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Cameroon's National Hydrocarbons Company (SNH) has just promoted nine oil blocks. The Company is carrying out this operation as part of its mandate to promote and develop hydrocarbon resources in the mining sector in the Republic of Cameroon.

The area between Cameroon and Nigeria is very rich in hydrocarbons, which is highly coveted in the region. The two blocks have an area of 7,000 and 19,000 square kilometers respectively.

Last year, Cameroon fell by 10% compared to 2017 production.

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