Companies

Total plans to continue investing in Ivory Coast

Thursday, 25 February 2016 11:56

Total will continue to invest in Ivory Coast, the Africa director of exploration and production arm of total, Guy Maurice, revealed. “I came to express the confidence of the Total group in the economic future of the Ivory Coast and our desire to continue to invest,” Maurice said.

Total is the first company in Ivory Coast in the area of ​​exploration and production, with three licences;  the CI-100 situated in the Tano Basin and those of San Pedro on CI-515 and CI-516 block, which covers more than an area of ​​3,200 km².

In 2014, the country’s production estimated at 60,000 bpd generated 273 billion CFA francs. The government is however expecting an output of 200,000 bpd by 2020, Alert info reports.

Anita Fatunji

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