Vous-êtes ici: AccueilBusiness2015 10 29Article 342281

Infos Business of Thursday, 29 October 2015

Source: cameroon-info.net

70,000 domestic gas cylinders by the end of 2015

Domestic gas cylinders Domestic gas cylinders

The Hydrocarbon Analysis and Control (HYDRAC) and National Agency for Standards and Quality (ANOR) is currently inspecting 50 000 gas cylinders imported by Tradex, petroleum products distributor.

If the cylinders pass the standards test, they will be distributed on November 2, 2015.

In addition to Tradex, Oil Libya will also have 20,000 bottles of domestic gas cylinders in circulation to strengthen consumers.

"Another good news is the commissioning of the Cameroon Society of Petroleum Deposits (SCDP) with a new storage capacity of 1,000 additional tons. This will be between 2 000-3 000 tonnes of SCDP storage capacities," revealed Le Quotidien de l’Economie on Wednesday, October 28, 2015.

Société Camerounaise de Transformation Métallique (SCTM) remains in the lead in the domestic gas sector, with 35% market share by Total Cameroon. As the heads of sectors necessities, they promised to prevent shortages often observed during holiday seasons.

The SCTM was accused of owing Tradex a large debt. "The domestic gas market is supplied with 20-25% by the Refining Company (SONARA) and 75-80% by Tradex through import authorizations," the newspaper disclosed.

The SCDP, having received imported products, "provide for the division in proportion to the market share of each operator," sources said.

The SCTM must then pay the invoice of its products from Tradex and also the storage facilities to SCDP. Today, its debt to Tradex amounts to FCFA 2.5 billion.

For Gaston Eloundou, "it is difficult to cut off supplies to SCTM despite this heavy debt. This is because it would destabilize the distribution of gas and cause social disruption," he said during the conciliation meeting with the Trade Minister, Luc Magloire Mbarga Atangana, on October 15, 2015. The meeting was also to resolve the problem of the debt.