Cote d'Ivoire Oil & Gas Q4 2019
Despite significant offshore potential, more exploration and development efforts will be needed for Côte d'Ivoire tomaintain its crude oil output levels over the coming years. We forecast natural gas production to prove rapidly insufficient to meetrising domestic demand. We have now pushed back our expectation for first LNG imports from 2020 to 2021 owing to a lack ofprogress at the Vridi LNG import terminal project led by Total. We note downside risks to gas consumption if the terminal fails tomaterialise in the near future.
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