{"id":13674,"date":"2022-10-14T18:22:37","date_gmt":"2022-10-14T16:22:37","guid":{"rendered":"https:\/\/aedic.eu\/?p=13674"},"modified":"2024-06-15T15:27:10","modified_gmt":"2024-06-15T13:27:10","slug":"estrazione-gas-la-societa-gaz-du-cameroun-sta-cercando-un-partner","status":"publish","type":"post","link":"https:\/\/aedic.eu\/en\/invest-in-africa\/extraction-gas-the-society-gaz-du-cameroun-is-looking-for-a-partner\/","title":{"rendered":"Gas extraction: Gaz du Cameroun is looking for a partner"},"content":{"rendered":"

The aim is to share the costs, risks and benefits of drilling the Matanda gas block.<\/strong>
\nThe Matanda gas company, located between the Coastal and South-West regions, is looking for an international partner.<\/p>\n

In a briefing note addressed to its shareholders on its operations in Cameroon, Victoria Oil & Gas, the parent company of Cameroonian operator Gaz du Cameroun, announced that its local subsidiary is still looking for a partner to share the costs, risks and benefits of drilling the Matanda block, which straddles the border between Cameroon's Littoral and Southwest regions.<\/p>\n

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We have not yet been able to conclude a contract on acceptable terms with the owner of the Chad-based drilling rig we have mentioned in previous publications, so the company is looking for an alternative.<\/p>\n

The company (Gaz du Cameroun, a French company)<\/strong> is still unable to conclude a contract on acceptable terms with the owner of the Chad-based rig, mentioned in previous publications, and is therefore looking for an alternative contract. The company is still looking for a partner,' the company said.<\/p>\n

The Matanda block, covering an area of 1,196 billion cubic feet,<\/strong> is divided between land
\n(70% of the total area) and offshore (in shallow water), has a capacity of 1,196 bcm of potential gas resources. In 2021, Gaz du Cameroun was granted a one-year extension to continue exploration operations in this block by the state.<\/p>\n\n\n

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