Cameroon Oil And Gas News
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Introduction
- Cameroon is the smallest oil producer in sub-Saharan Africa (Figure 1), and production levels are declining. Production started in 1976 and reached its peak in 1986 at 173,000 barrels/day. It declined by nearly 40 percent over the decade through 1996. However, the pace of the decline has slowed. Liquid Reserves stand at 0.18 billion barrels and Liquid Production at 59,000 barrels per day. Private oil companies are responsible for exploration and exploitation, but the government remains a key actor in the sector
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page revision: 3, last edited: 25 Apr 2012 13:30
