Energy Capital & Power

Ivory Coast to Fast-Track Development of Gas Blocks

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Ivory Coast. gas. electricity

Ivory Coast’s Minister of Mines, Petroleum and Energy, Mamadou Sangafowa Coulibaly, has announced the country’s plans to fast-track the development of gas reserves in Blocks CI-523 and CI-525. The aim of these plans is to strengthen the resilience of the local electricity market through the provision of gas-fired power generation.

“These deposits, which have been awaiting development for several decades, require integrated development, which will boost our natural gas production capacity,” said the Minister.

The minister urged national oil company, Petroci, to accelerate the certification of available reserves in the blocks and the submission of a resource development plan to the government.

Petroci expects the two blocks to provide domestic power generation capabilities with 60 million cubic feet of natural gas per day for at least 16 years.

The announcement follows Petroci having signed Production Sharing Contracts for the two blocks.

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Nicholas Nhede

Nicholas Nhede

Nicholas is an energy sector journalist with a passion on how technology and diversification of the energy mix can be used to address energy sector challenges. Nicholas holds a diploma in Journalism and Communication studies and has been covering energy-related topics including the Internet of Things, distributed energy and digitalisation since 2015.