Between January and October 2015, the volumes of Chadian oil which transited in Cameroon, through the pipeline linking the two countries, reached 38.5 million barrels, the Société Nationale des Hydrocarbures (SNH) announced at the end of a Board meeting organized on 1st December 2015 held in Yaoundé.
These quantities of Chadian oil taken at the end of the Kromé pipeline in Kribi, in the Sud-Cameroon area, have fetched a transit fee of 29.5 Billion FCFA for the Cameroonian Treasury, an increase of 68.5% from the 17.5 Billion FCFA earned as at end October 2014.
The convention to transit Chadian oil through Cameroon was signed on 29 October 2013.
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