In addition, Ivory Coast is pursuing natural gas within its transition strategy, with the Baleine field also set to produce 200 million cubic feet of gas per year by 2027. New Regulation Targets Local Capacity
Is Ivory Coast ready for a gas pipeline?
Ivory Coast is home to several planned pipeline developments set to facilitate its integration with the wider region. The country is one of 13 African nations through which the planned Morocco-Nigeria Gas Pipeline will run, establishing West Africa as Europe¡¯s premier energy trading partner and providing an export route for future gas production.
How much oil does Ivory Coast produce a day?
Though Ivory Coast currently produces 30,000 barrels per day ¨C owing to the Baleine discovery that was fast-tracked into production last August ¨C additional offshore discoveries and regional pipeline projects signal significant development potential, particularly in deepwater acreage.
Will Ivory Coast become a major oil producer?
In recent years, Ivory Coast has also upgraded its state-owned Société ivoirienne de raffinage refinery to enable the production of low-sulfur fuels leveraging new technologies. Ivory Coast is aiming to become a major oil producer in the near-term future, as it yields new deepwater discoveries and unlocks cutting-edge net-zero technologies.