Related Articles
The JV is seeking better export terms and assurances on domestic demand
Forward article link
Share PDF with colleagues

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.

Comments

Comments

{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}
Also in this section
Restrained US shale set for cashflow pay-off
7 May 2021
Rebounding oil prices have boosted company balance sheets, but debt remains the priority over growth
Malaysia sweetens upstream deals
7 May 2021
The country is taking measures to encourage IOC interest in its latest licensing round
Murban’s long journey only beginning
6 May 2021
There will be no immediate promotion into the super league of global crude benchmarks for the Middle East’s latest challenger
Sign Up For Our Newsletter
Project Data
Maps
PE Store
Social Links
Social Feeds
Featured Video