(Ecofin Agency) - Cameroon’s natural gas industry is expected to bounce back next year, after a difficult 2024. New projections from the Bank of Central African States (BEAC) show the country’s gas output could rise to 1.78 million tons in 2025, up 23% from the 1.44 million tons projected for this year.
This would mark a strong recovery after a 12.6% drop in 2024 compared to 2023, when production stood at 1.65 million tons. If BEAC’s estimates hold, 2025 would be Cameroon’s best year for gas production since 2023.
Across Central Africa, only Equatorial Guinea is expected to produce more natural gas, with an estimated 4.11 million tons next year. But even there, the trend is downward. The country has been scaling back since 2023, when it peaked at 4.9 million tons. It is expected to close 2024 at 4.82 million.
Together, Cameroon and Equatorial Guinea are projected to supply nearly 85% of the sub-region’s natural gas output in 2025. BEAC sees total gas production across the Central African Economic and Monetary Community (CEMAC) reaching 6.94 million tons.
For Cameroon, this rebound could help ease the impact of a predicted drop in oil production. Despite the global slump in energy prices, oil and gas remain the country’s biggest export earners. In 2023, hydrocarbons made up 50.6% of total exports, according to Fitch Solutions.
Even with a steep 33.3% drop in value, natural gas alone accounted for 14.1% of export revenues last year, based on figures from the National Institute of Statistics. The government is now counting on this recovery in gas output to keep export revenues afloat.
Tanzania will now require all local transactions to be priced and paid in Tanzanian shillings. ...
U.S. plans to slash 2026 foreign aid by $49.1 billion, targeting global health, education, ...
• MTN to distribute 1.2 million 4G smartphones at $5.42 for prepaid users.• Move supports South...
BCEAO’s gold assets jumped 38% in 2024 to CFA2530 billion ($4.37 billion) Over 90% of the r...
Prices for energy, metals, fertilizers, and food are expected to drop in 2025 and 2026, according ...
Lucara Diamond increased the underground mine construction costs at its Karowe diamond project in Botswana by 25%. The company now estimates the cost at...
AngloGold Ashanti operates only one mine in Guinea, the Siguiri gold mine, in which it holds an 85% stake. Last year, the mine delivered 273,000...
Platinum group metals (PGM) producers in South Africa face falling prices and operational headaches. Companies have cut staff and watched revenues shrink....
Besides its Sadiola mine in Mali, Allied Gold manages the Bonikro and Agbaou mines in Côte d'Ivoire. These two mines delivered a total of 36,676 ounces of...
In Kumasi, the historic capital of the Ashanti Kingdom in Ghana, traditional buildings stand as living testaments to the cultural legacy of one of West...
Just over 50 kilometers from Johannesburg, South Africa, lies Maropeng—the visitor center for the Cradle of Humankind, a UNESCO World Heritage Site and...