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Victoria plans to build a Compressed Natural Gas business by early 2015


Published Apr 7, 2014
Victoria Oil and Gas Plc

Victoria Oil and Gas Plc announces that its operating subsidiary, Gaz du Cameroun S.A (GDC), will commence the 1km gas pipeline crossing under the Wouri River to Bonaberi. GDC has completed initial project planning, including environmental and safety analyses and has received all the necessary permits, including the grant of Certificate of Environmental Conformity by the Minister in Charge of Environment, Nature protection and Sustainable Development.

Preparation work for the crossing including ground surveying has begun and drilling is scheduled to commence in May 2014, with completion planned 40 days later. GDC has undertaken a market analysis that has identified key consumers and has already signed 1.03mmscf/d of customers in anticipation of the pipeline roll-out, of which 0.83mmscf/d are near the northern pipeline exit.

Tags: Victoria Oil & Gas Plc




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