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Ivory Coast: New oil ambitions

29/12/2021
Categories: Raw materials

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The "Baleine" deposit could quadruple the country's black gold production and diversify its income. This new oil field, Côte d'Ivoire "will make it possible to significantly increase Ivorian oil production, to supply a sufficient quantity of gas to the electricity sector, and to increase resources for the financing of development projects" , President Alassane Ouattara said in mid-December during a press conference with ENI CEO Claudio Descalzi. The reserves of this deposit, located in block CI-101 of the sedimented basin, operated in consortium by ENI and the Ivorian national company Petroci Holding, should provide between 1.5 and 2 billion barrels of oil and 50 to 67 billion meters cubes of gas (i.e. up to 18 months of gas consumption in France).

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