The JV is seeking better export terms and assurances on domestic demand
Etinde hinges on government talks
The future of the Cameroonian gas project depends on the outcome of commercial and contractual negotiations
Cameroon’s Etinde gas project has made technical progress, and its developers now expect to make FID in 2022, but only after concluding protracted negotiations with the government. Front-end engineering design was completed in January this year, but “much less progress has been made than we had expected regarding the various open commercial issues”, according to the UK’s Bowleven, which holds a 25pc stake in the development. Bowleven now expects to make FID before the end of the first quarter of 2022, although the decision had already been pushed back even before Covid-19 made negotiations with Cameroon’s government more difficult and oil price volatility impacted the project’s economics. Wh
Also in this section
14 January 2026
Chavez’s socialist reforms boosted state control but pushed knowledge and capital out of the sector, opening the way for the US shale revolution
14 January 2026
Leading economies in the region are using oil and gas revenues to fund mineral strategies and power hyperscale computing
14 January 2026
The South American country offers stable, transparent and high-potential opportunities and is now ready for fresh exploration and partnership
13 January 2026
Across Europe, countries have grappled with balancing ambitious energy transition plans with realities about security of supply
