Cameroon Oil & Gas Report Q1 2015 - New Market Report

From: Fast Market Research, Inc.
Published: Thu Jan 15 2015

Cameroon is a small producer of oil and a nascent gas producer. Oil production should slightly increase, after years of decline, with several small projects coming online. While lower oil prices could add significant downside to the upstream production profile of some of Cameroon's regional peers, BMI believes that the country is still well positioned f or further exploration activity and we have not changed our outlook While Cameroon's gas production will remain modest, the size of GDF Suez' s proposed LNG terminal highlights production potential of over 5bcm by the end of our forecast period.

* Ongoing exploration provides much-needed upside risk to Cameroon's oil reserves. The country's offshore basins are the most prospective, with the Rio del Rey Basin to attract the most interest. However, Cameroon lacks access to the deepwater acreage where sub-salt prospects running from Sierra Leone to Angola have attracted interest from international oil companies (IOCs) and several smaller players.
* Oil production will rise to 80,000b/d in 2014 and remain close to that level in the coming years with several small field developments offsetting the decline at maturing fields. New exploration and discoveries will be necessary if Cameroon is to stabilise or grow output and conserve its net export potential in the longer term.
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Full Report Details at

The Cameroon Oil & Gas Report has been researched at source and features Business Monitor International (BMI)'s independent forecasts for Cameroon including major indicators for oil, gas and LNG, covering all major indicators including reserves, production, consumption, refining capacity, prices, export volumes and values. The report includes full analysis of industry trends and prospects, national and multinational companies and changes in the regulatory environment.

BMI's Cameroon Oil & Gas Report provides professionals, consultancies, government departments, regulatory bodies and researchers with independent forecasts and competitive intelligence on the Cameroonian oil and gas industry.

Key Benefits

* Benchmark BMI's independent oil and gas industry forecasts for Cameroon to test consensus views - a key input for successful budgeting and strategic business planning in the Cameroonian oil and gas market.
* Target business opportunities and risks in the Cameroonian oil and gas sector through reviews of latest industry trends, regulatory changes and major deals, projects and investments in Cameroon.
* Assess the activities, strategy and market position of your competitors, partners and clients via our Company Profiles (inc. SWOTs, KPIs and latest activity) and Competitive Landscape Tables.


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