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Home More Countries Ivory Coast

Ivory Coast expects threefold oil output increase by 2027

admin by admin
June 25, 2024
in Ivory Coast
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The world’s top cocoa-producing nation is hoping to become a major regional oil and gas producer and regional energy hub.

Ouattara told a joint session of parliament that more than $15 billion is expected to be invested in the country’s oil sector, adding that output would grow to about 200 000 barrels per day (bpd) from 60 000 bpd by 2027.

“It will be a spectacular leap,”…



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