Chad’s crude production has declined over recent years
Perenco buys out Glencore in Chad
Anglo-French independent has bought all of the trading house’s assets in the central African country
Anglo-French independent Perenco has completed its acquisition of trading house Glencore’s upstream oil portfolio in Chad. Perenco now owns 100pc of Petrochad Mangara, which operates the Mangara, Badila and Krim oilfields in southern Chad’s Doba basin. Mangara and Badila have already entered production, although Glencore stopped their output during the pandemic in 2021—citing personnel, transport and supply-chain issues. Perenco intends “to return to previous production rates of 16,000bl/d in the near term”. Both fields “still have significant untapped potential”, the independent says, while the Krim oilfield is as-yet undeveloped. Mangara and Badila both export through the Doba pipeline to
Also in this section
3 July 2025
The July/August 2025 issue of Petroleum Economist is out now!
2 July 2025
The global energy community will converge in Dubai on 10 December for a landmark event dedicated to shaping the future of natural gas across the region
30 June 2025
Government is sending out the right policy signals to support increased domestic gas development, but policy takes time to implement and even longer to yield results
27 June 2025
Gas-on-gas competition pricing has grown its share of consumption significantly over the past two decades, primarily at the expense of oil-price-escalation pricing, according to the IGU
