“The estimated production in the active phase goes beyond all the evaluations planned at the time of the discovery of the deposit”, in September 2021, declared Amadou Coulibaly after the council of ministers.
The deposit is exploited by the Italian hydrocarbon giant ENI in partnership with the Ivorian Petroci.
Production of phase 1 began in August 2023 and that of phase 2 on December 28, 2024, “in accordance with the schedule”, recalled Mr. Coulibaly.
The latter also specified that this second phase should make it possible to produce between 50,000 and 60,000 barrels of oil per day, compared to 35,000 initially estimated.
As for natural gas, this production will be 50 to 60 million cubic feet/day compared to a forecast of 40 million.
The cumulative production of the two phases should make it possible to reach between 75,000 and 85,000 barrels of oil per day and between 80 and 85 million cubic feet of gas per day.
A decision will be made at the end of 2025 regarding the start of production of a third phase.
Ivory Coast, which discovered another deposit last year called “Calao”, aims for national production of 200,000 barrels of oil per day and 450 million cubic feet of gas per day by 2028.
If these production levels remain far from those of the continent’s giants – Nigeria and Libya which can exceed a million barrels per day – Ivory Coast hopes to use this windfall as a “lever for sustained and sustainable growth”, affirmed Mr. Coulibaly, Wednesday.
Par Le360 Africa (with AFP)
01/15/2025 at 4:56 p.m.
