1. Market Research
  2. > Energy & Environment
  3. > Energy
  4. > Oil and Gas Energy Market Trends
  5. > Cameroon Oil and Gas Report Q3 2016

Cameroon Oil and Gas Report Q3 2016

  • July 2016
  • -
  • Business Monitor International
  • -
  • 81 pages

Includes 3 FREE quarterly updates

BMI View: With an FID on Golar LNG and a stronger-than-expected oil production growth, Cameroonbenefited from an upward revision in both oil and gas production over our forecast period. In addition, thecountry will now become an LNG net exporter from 2017 onward, an important tool for exportsdiversification, notably after the large oil price drop over the past year. Nevertheless, we maintain thatCameroon remains a modest oil and gas producer and more exploration will need to take place to boost itslong-term prospects further.

- Ongoing exploration provides much-needed upside risk to Cameroon's oil and gas reserves. The country'soffshore basins are the most prospective, with the Rio del Rey Basin to attract the most interest. In thecontext of bearish oil prices, we believe that Cameroon stands to benefit from companies refocusinginvestments towards more proven and shallow-water offshore plays.

- In December 2015, Bowleven submitted the Bomono Exploitation Authorisation Application (BEAA) tothe Cameroon authorities as planned. As of early 2016, the company reported that its extended flow testprogramme at the Moambe and Zingana wells on Bomono is now complete, with promising results whichsupport plans for initial supply of between 51-61mn cubic metres of gas per day, geared towards powergeneration. In April 2016, the company secured a one-year extension to the Bomono exploration permitas it seeks approval towards development of the finds. The company has also reportedly begundiscussions with potential gas offtakers and signed an MOU ENEO.

- In February 2016, Victoria Oil and Gas further expanded its presence in the area by reaching anagreement with Glencore Exploration Cameroon Limited and Afex Global Limited to acquire a 75%interest in Cameroon's Matanda PSC, with AFEX retaining a 25% share. The North Matanda field isestimated to hold an estimated P50 'gas-in-place' volume of 1.8 Tcf and 'condensate-in-place' of 136Mmbbl. A work programme was submitted for further seismic and well drillings targeted by Q416.

- We have recently increased our Cameroon oil production forecast as a result of stronger-than-expectedoil production growth over 2015. We now expect production will continue on a slow, but upwardtrajectory to above 100,000b/d until 2020, with upside risks based on pending development plans.

Table Of Contents

Cameroon Oil and Gas Report Q3 2016
BMI Industry View 7
Table: Headline Forecasts (Cameroon 2014-2020) 7
SWOT 9
Oil and Gas SWOT 9
Industry Forecast 10
Upstream Exploration 10
Latest Updates 10
Structural Trends 10
Table: Cameroon Licensing Round 15
Upstream Projects 15
Table: Cameroon Upstream Project Database 15
Upstream Production - Oil 18
Latest Updates 18
Structural Trends 18
Table: Oil Production (Cameroon 2014-2019) 20
Table: Oil Production (Cameroon 2020-2025) 21
Upstream Production - Gas 21
Latest Updates 21
Structural Trends 21
Table: Gas Production (Cameroon 2014-2019) 26
Table: Gas Production (Cameroon 2020-2025) 26
Refining 26
Latest Updates 26
Structural Trends 27
Table: Refining Capacity and Refined Products Production (Cameroon 2014-2019) 29
Table: Refining Capacity and Refined Products Production (Cameroon 2020-2025) 29
Refined Fuels Consumption 29
Latest Updates 29
Structural Trends 30
Table: Refined Products Consumption* (Cameroon 2014-2019) 31
Table: Refined Products Consumption* (Cameroon 2020-2025) 31
Gas Consumption 31
Latest Updates 31
Structural Trends 32
Table: Gas Consumption (Cameroon 2014-2019) 34
Table: Gas Consumption (Cameroon 2020-2025) 34
Trade - Oil 35
Crude Oil Forecasts 35
Latest Updates 35
Structural Trends 35
Table: Crude Oil Net Exports (Cameroon 2014-2019) 37
Table: Crude Oil Net Exports (Cameroon 2020-2025) 37
Refined Fuels Trade Forecasts 37
Latest Updates 37
Structural Trends 37
Table: Refined Fuels Net Exports (Cameroon 2014-2019) 38
Table: Refined Fuels Net Exports (Cameroon 2020-2025) 39
Trade - Gas (Pipeline And LNG) 39
Table: Gas Net Exports (Cameroon 2014-2019) 39
Table: Gas Net Exports (Cameroon 2020-2025) 40
Latest Updates 40
Structural Trends 40
Industry Risk/Reward Index 44
Africa - Oil and Gas Risk/Reward Index 44
Table: BMI Africa Oil and Gas Risk/Reward Index 44
Above-Ground Risks Dulling Below-Ground Potential 47
Table: BMI Africa Upstream Risk/Reward Index 47
Downstream Sector Holds Limited Opportunity 50
Table: BMI Africa Downstream Risk/Reward Index 50
Cameroon - Risk/Reward Index 53
Upstream Index 53
Downstream Index 54
Market Overview 55
Cameroon Energy Market Overview 55
Regulatory Structure 55
Fiscal Regime 56
Table: Cameroon Fiscal Regime 56
Licensing Regime 56
Table: Cameroon Licensing Regime 56
Oil And Gas Infrastructure 57
Oil Refineries 57
Table: Refineries In Cameroon 57
Service Stations 57
Oil Storage Facilities 57
Oil Terminals/Ports 57
Oil Pipelines 58
LNG Terminals 58
Competitive Landscape 60
Competitive Landscape Summary 60
Table: Key Players - Cameroon Energy Sector 62
Table: Key Upstream Players 62
Table: Key Downstream Players 62
Company Profile 63
Perenco 63
Company Overview 63
Latest Updates 64
Regional Overview 65
Africa - Bullish Gas, Bearish Oil 65
Table: Africa Oil and Gas Production, Consumption, Refining Capacity And Trade 73
Glossary 74
Table: Glossary Of Terms 74
Methodology 76
Industry Forecast Methodology 76
Source 78
Risk/Reward Index Methodology 78
Table: Bmi's Oil and Gas Upstream Risk/Reward Index 80
Table: Weighting 81

View This Report »

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 24 Million searchable statistics with tables, figures & datasets
  • More than 10,000 trusted sources
24/7 Customer Support

Talk to Ahmad

+1 718 618 4302

Purchase Reports From Reputable Market Research Publishers
Gas Detection Equipment Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024

Gas Detection Equipment Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024

  • $ 5795
  • Industry report
  • October 2016
  • by Transparency Market Research

Gas Detection Equipment Market: Scope and Methodology This report on the global gas detection equipment market provides analysis both in terms of value and shipment for the period from 2014 to 2024, wherein ...

Environmental Remediation Market by Environmental Medium (Soil & Groundwater), Technology (Bioremediation, Pump & Treat, Soil Vapor Extraction, Thermal Treatment, Soil Washing), Application, and Geography - Global Forecast to 2022

Environmental Remediation Market by Environmental Medium (Soil & Groundwater), Technology (Bioremediation, Pump & Treat, Soil Vapor Extraction, Thermal Treatment, Soil Washing), Application, and Geography - Global Forecast to 2022

  • $ 5650
  • Industry report
  • October 2016
  • by MarketsandMarkets

“Environmental remediation market to grow at a high CAGR of 7.62% between 2016 and 2022” The environmental remediation market is expected to reach USD 123.13 billion by 2022, at a CAGR of 7.62% between ...


ref:plp2016

Reportlinker.com © Copyright 2016. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.