Nigeria To Evacuate Over 80,000 Barrels Of Crude Oil Daily Via Cameroon-Chad Pipeline - ARREYB

Nigeria To Evacuate Over 80,000 Barrels Of Crude Oil Daily Via Cameroon-Chad Pipeline

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Nigerian authorities have estimated that with the exploitation of new deposits through the Atlantic coast of Cameroon via the Chad-Cameroon pipelines, they should have more than 80,000 barrels of crude oil to be evacuated per day.

This will be done following a bilateral agreement signed in 2014 which will be re-launched in the coming weeks, APA reports.

The current production records over 20,000 barrels per day for a national requirement estimated at 7,000 barrels.
Nigerian Finance Minister, Hassoumi Massaoudou said this project which has been the subject of negotiations for the last three years would definitively be resolved, though the option of exporting Nigerian crude oil through the port of Cotonou in Benin was also envisaged.

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