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Chad-Cameroon pipeline: Chad initiated no negotiations for the sales of its 21% stake, SHT's boss says


(Business in Cameroon) - On March 3, 2021, Ibrahim Mahamat Djamous (director-general of Chad National Hydrocarbon Company-SHT) published an official release denying information about Cameroon’s offer to buy the Chadian 21% stake in the Chad–Cameroon Petroleum Development and Pipeline Project. The said information was published online by daily 
Africa Intelligence and relayed by numerous media.
The online media 
Africa Intelligence, in its February 24, 2021 edition, reported that facing enormous financial challenges, the government of the Republic of Chad is speeding up the partial sales of its stake in the Chad-Cameroon pipeline to Cameroon s National Hydrocarbons Company (.) As the manager of state assets in the Chad-Cameroon oil pipeline, Chad National Hydrocarbon Company (SHT) wishes to formally deny this baseless information, which is only aimed at tarnishing the image of the Republic of Chad, Ibrahim Mahamat Djamous wrote.   ....

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