EIB
Chad-Cameroon pipeline: Where do we stand today?
Acommunique on the Chad-Cameroon oil and pipeline project and how the situation stands three years on from exploitation.
Statement of the EIB
The Chad-Cameroon oil pipeline forms part of a project to develop the oil fields discovered in the 1970s in Southern Chad, and transport the oil through the Cameroon to an offshore terminal off the Atlantic coast.
The oil fields are to be developed and operated by an oil consortium of ExxonMobil, Petronas and Chevron that obtained a 30-year concession from the Government of Chad.
