March 20 2014

Cameroon - Transport of petroleum products: The Limbe-Yaoundé pipeline project relaunched

Cameroon Tribune

(Translated from French) Last Tuesday, Prime Minister and Head of Government Philemon Yang signed a statement on 21 February 2014, declaring that the public call for expressions of interest launched by the Ministry of Water and Energy was unsuccessful. 'Energy (Minee). An appeal concerning the financing, design, construction, operation and maintenance of a petroleum product pipeline between Limbe, Douala, Edéa and Yaoundé. As a result, negotiations can be resumed between Slim and the consortium Petroleum Products Pipeline SA (3PL), a group of Nigerian, Russian and South Korean companies that signed in June 2013 the Memorandum of Understanding major project. To this end, a 3PL delegation, accompanied by the Ambassador of the Russian Federation to Cameroon, Nicolay Ratsiborinski and Honorary Consul of Korea, Mohammadou Dabo, met yesterday with Minister Basile Atangana Kouna.

Objective, set a timetable for the realization of this project, after some initial difficulties. Investors are committed to successfully conducting this pipeline as an example for future projects. Moreover, for the Russian ambassador, the modernization of the energy sector is one of the prerequisites for emergence. The Mine, on the other hand, reassured its hosts of the support of the government, the priority being to prepare, as soon as possible, a partnership agreement in due form. This project aims to transport the petroleum products produced by the National Refining Company (Sonara) to Bafoussam and Bamenda, the second largest pole of petroleum products in Cameroon, via a 284 km long pipeline. But the first phase will stop in Yaounde. Godbless Eruani Azibapu, president of Azikel Group, a member of the consortium, said in June that this project is a means of securing roads and their users, but also saving on petroleum products transport.

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