qualified complete sunflower oil refinery in ivory coast

                                               
                                               
                                               
                                               
                                               
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  • What is the future of oil & gas in Ivory Coast?
  • Oil and gas is becoming an increasingly stategic sector for Ivory Coast. The country has been expanding its existing crude oil production, with outputs of almost 60,000 barrels per day. Its ambition is to reach 200,000 BOE (barrel of oil equivalent) by 2020, as it pushes for foreign investment in offshore exploration.
  • Will Ivory Coast reach 200,000 barrels of oil equivalent by 2020?
  • Its ambition is to reach 200,000 BOE (barrel of oil equivalent) by 2020, as it pushes for foreign investment in offshore exploration. Ivory Coast has ignored its oil and gas sector for decades as the government concentrated on developing agricultural exports. But things have now changed and oil and gas is becoming an increasingly stategic area.
  • Will Ivory Coast import liquefied natural gas?
  • Ivory Coast is also pushing forward with plans to begin importing liquefied natural gas (LNG) to supplement domestic supply to its gas-fired power plants. SIR was founded in 1962 by the Ivorian government, with the help of international oil companies. In 1965, SIR refinery started its operations.
  • How much oil does Ivory Coast have?
  • Exploration campaigns in Ivory Coast have revealed substantial deposits of hydrocarbons, with the Baleine field alone estimated to hold as much as 2.5 billion barrels of crude oil and 3.3 trillion cubic feet of gas.
  • Who owns Côte d'Ivoire Petroleum Company?
  • The government of Ivory Coast currently owns 47.3% of the company, while Sonangol, the Angolan public company, owns 20%. Total Côte d¡¯Ivoire is the number 1 retailer of petroleum products and related services in Ivory Coast.
  • Does ice oil & gas have a production sharing agreement with Petroci?
  • Ice Oil & Gas signed a production sharing agreement (PSA) with Ivory Coast¡¯s national oil company Petroci for offshore block CI-705 in November 2023. The block spans 2289 km2 in the Grand Lahou area. The PSA grants Ice Oil & Gas a seven-year exploration period with a commitment to invest at least US$40 million in hydrocarbon exploration.