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.
How much oil will Ivory Coast produce in 2023?
ABIDJAN, Dec 15 (Reuters) – An offshore oil block in Ivory Coast controlled by Eni (ENI.MI) is expected to enter production in the second quarter of 2023 with daily output of 12,000 barrels of oil and 17.5 million cubic feet of gas, the Ivorian government said on Wednesday.
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.
Does Ivory Coast have oil?
Ivory Coast has struck oil just as much of the developed world has begun to call time on fossil fuels and some financial institutions are reluctant to take carbon-emitting projects on to their balance sheets.