extraction of fat and oil in ivory coast

Extraction of oil PPT SlideShare

  • extraction of fat and oil in ivory coast
  • extraction of fat and oil in ivory coast
  • extraction of fat and oil in ivory coast

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  • Is the Ivory Coast a new oil producer?
  • The discovery of huge deposits of natural resources including oil, gas and gold in the Ivory Coast is pushing the country’s economy in a new direction. Over the past three years, the West African country — traditionally focussed on agriculture, in particular, cocoa — has leaned into a new role as an oil and gas producer.
  • How much oil does Ivory Coast have?
  • Exploration campaigns in Ivory Coast have revealed substantial deposits of hydrocarbons, with the Baleine field alone estimated to hold as much as 2.5 billion barrels of crude oil and 3.3 trillion cubic feet of gas.
  • What is the largest oil discovery in Ivory Coast?
  • Estimated to contain up to 2.5 billion barrels of oil and 3.3 trillion cubic feet of natural gas, the Baleine field is the largest oil discovery in Ivory Coast. The project is also expected to become the first emissions-free upstream development project in Africa under Scope 1 and 2 of the global standard Greenhouse Gas Protocol.
  • What's going on with the Ivory Coast's economy?
  • Ivory Coast's economy shifts with new oil, gas, gold discoveries, but environmental concerns loom over resource extraction.
  • How is crude oil transported in Ivory Coast?
  • In Ivory Coast, the traffic (import-export) of crude oil and gas occupies an important place in maritime transport, and is ensured by oil vessels/tankers. Pipelines are used either to transport crude oil to refineries or to transport refined products to intermediate depots from refineries.
  • How much will Ivory Coast Invest in oil?
  • Last June, Ivory Coast’s President Alassane Ouattara revealed plans for more than $15 billion in investment in the country’s oil sector. The President further projected an increase in oil output from 60,000 bpd - come the startup of Baleine’s Phase 2 - to 200,000 bpd within the next five years.

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