Cameroon oil production to grow by 25% in 2014

February 28, 2014

Cameroon's 25 percent increase in oil production in 2014 will take daily output to just over 82,000 barrels of oil per day (bpd), the SNH state oil company said on February 27, Reuters has reported.

The increase is driven by the November 2013 start of oil production from the Mvia offshore oil field in the Douala-Kribi-Campo basin. However, output is well down levels of around 185,000 bpd in the mid 1980s.

"In 2014, Cameroon aims to produce around 30 million barrels, over 6 million barrels more than the previous year," SNH said in a statement.

Copyright: Reuters, 2014