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
24 December 2025
As activity in the US Gulf has stagnated at a lower level, the government is taking steps to encourage fresh exploration and bolster field development work
23 December 2025
The new government has brought stability and security to the country, with the door now open to international investment
23 December 2025
A third wave of LNG supply is coming, and with it a likely oversupply of the fuel by 2028
22 December 2025
Weakening climate resolve in the developed world and rapidly growing demand in developing countries means peak oil is still a long way away
