(Business in Cameroon) - The National Hydrocarbons Corporation of Cameroon (SNH) informs that as of November 30, 2020, the Cameroonian public treasury had collected XAF33.48 billion of oil transit duties on the Chad-Cameroon pipeline, up by 2% year-on-year.
It explains that this rise was due to an increase in new Chadian oil exporters production. Indeed, over the period, the said shippers exported 44.72 million barrels of crude from the Komé-Kribi 1 terminal, up by 3% year-on-year. As for the new Chadian oil exporters (PetroChad Mangara/Glencore, China National Petroleum Company Inc. et Overseas Private Investment Corporation), their overall exports represent 71% (28.50 million barrels) of the crude transported via the pipeline, SNH indicates.