Nigerian, South Korean consortium to build Cameroon pipeline
YAOUNDE– An engineering consortium of Nigerian and South Korean firms is to build a 284-kilometre oil pipeline in Cameroon, according to reports made available to Biztellers.
A memorandum of understanding was signed Thursday by the chief of Petroleum Products Pipeline S.A. and the country’s energy and water minister, Basile Atangana Kouna, the report said. Details of the financial costs of the project weren’t disclosed.
The pipeline is to run from the southwestern Atlantic port city of Limbe – where the government’s sole state-run refinery is located – through the cities of Bafoussam and Bamenda in the interior.
Cameroon lacks the necessary infrastructure to distribute fuel to filling stations around the country, which has led to an increase in cross-border smuggling from Nigeria and Gabon.