Energy & Mining
From The Report: Cote d'Ivoire 2013
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To meet 10% growth in local electricity demand and benefit from the rising regional need for power, Côte d’Ivoire will have to make significant investments in all parts of the power supply chain as well as prioritise increasing natural gas and oil production. With an advanced power infrastructure by regional standards and ample energy resources for electricity production, the country is well positioned to become a power-producing centre for the area, particularly within the framework of the West African Power Pool (WAPP).
Articles from this Chapter
Room for growth: Investing in the power network to expand electricity coverage and help meet local and regional demand
OBG talks to Adama Toungara, Minister of Petroleum and EnergyOBGplus
Interview: Adama Toungara What do you expect from new partnerships? ADAMA TOUNGARA: We want more active and dynamic oil exploration to demonstrate the potential of our sedimentary basin and to significantly grow national oil production. Since 2011, our efforts have enabled our partners to conduct 9717 sq km of 3D seismic surveys, eight exploration wells and six development wells for a total investment of close to $823m. This has resulted in three significant hydrocarbons discoveries…
Taking off: Upstream oil and gas exploration advances as international companies snap up blocksOBGplus
The Ivoirian government is prioritising upstream oil and gas exploration in offshore blocks, and adopting strict policies to limit speculative activity. According to the Ministry of Petroleum and Energy (Ministère du Pé trole et de l’Energie, MPE), at the end of the first half of 2012, total production of crude oil from the producing blocks of CI-11, CI-26, CI-27 and CI-40 was equal to 5.66m barrels, or an average of 31,286 barrels per day (bpd), a decrease of 9.03% from 6.22m over the same…
Deepsea diggers: In search of deeper and more diverse reservesOBGplus
Offshore hydrocarbons exploration constitutes the final frontier in the oil and gas sector. Offshore drilling involves targeting hydrocarbons deposits trapped beneath the ocean floor – or in some cases beneath inland lakes and seas – is the most complex and expensive way of exploiting deposits. And while the returns have the potential to be significant, upfront investment tends to be high. Further, there are environmental hazards involved with the extraction process – the 2010 Deepwater…
Ramping up electricity: The country is marking a return to hydroelectricityOBGplus
In the midst of economic growth, efforts are under way in Côte d’Ivoire to increase hydroelectric and thermal electricity generation. As an increasing population and strong secondary and tertiary sector growth drive demand for residential and industrial electricity, improvements in distribution and network access will need to be accompanied by increases in supply. PROJECTS: With construction on the hydroelectric dam at Soubré having begun in February 2013, Côte d’Ivoire is taking a…
Regional leader: Expansion of domestic electricity production set to benefit the WAPPOBGplus
In a region home to 250m people and which is expected to reach 360m by 2020 as per World Bank figures, the provision and expansion of the power supply is a key challenge. Set up in 2006, with the initial aim of creating a regional electricity market, the West African Power Pool (WAPP) is now pushing ahead with a sub-programme that seeks to integrate the power sectors of Côte d’Ivoire, Liberia, Sierra Leone and Guinea (CLSG) by increasing electricity production and building more transmission…
OBG talks to Dominique Kakou, Director-General, Compagnie Ivoirienne d’Electricité (CIE)OBGplus
Interview: Dominique Kakou How have electricity tariff hikes for industry and a reduction in gas prices affected the sector? DOMINIQUE KAKOU: The tariff adjustments and the renegotiation of the buying price for gas are part of a raft of measures taken by the government to absorb the electricity segment’s structural financial deficit. The tariff increase was necessary despite a reduction in the cost of producing electricity, which was induced by lowering the gas price. This accounted for the increasing…
OBG talks to Mark Bristow, CEO, Randgold ResourcesOBGplus
Interview: Mark Bristow How has the decrease in the price of gold affected the investment outlook in Côte d’Ivoire? MARK BRISTOW: It certainly has had a negative impact, which has been compounded by the indecision around the new Mining Code. However, the response by the government certainly has been very positive in working with industry and bringing in the World Bank and non-governmental organisations. Adama Toungara, the minister of petroleum and energy, had a lot to manage, so the allocation…
