 Oil and Gas sector |
Coastal offshore oil deposits currently being exploited by ADDAX, UMIC and APACHE generate some 14 000 barrels a day.
Production forecasts by the year 2005 call for 18 550 barrels/day or about 927 000 tons yearly.
Gaz reserves are estimated to reach 2 700 billion cubic feet, about 77 billion cubic meters. 78% of those are proven and 53% have been certified by specialized firms.
The production of the 3 sites currently being exploited by ADDAX, UMIC and APACHE reaches 1,70 billion cubic meters by the year 2008.
Reserves in bituminous sands located in Eboinda are estimated at 500 000 tons of bitumen. The average content of the sands is 13,5%. These deposits could indicate the presence of trapped hydrocarbons.
| TRANSFORMATION |
This sector could generate the following products for the domestic and regional markets: petroleum products, butane, lubricants, bitumen and fertilizers.
Plastics: production does not currently take place locally. It holds great short term potential at the domestic and regional levels.
Motor oil: current consumption reaches 16 000 tons per year. New modular 3000 tons/year production units could serve the regional market.
Petroleum products: Growing at a yearly rate of 8%, this market will represent 2,8 million tons by the year 2015.
Butane: An ambitious Government program exists for higher butane consumption, to be implemented with private partners and investors. 50 000 tons of butane are required by the market.
Bitumen: Most of the production is exported.
Fertilizers: Côte d'Ivoire is currently the largest user in sub Saharan Africa, apart from South Africa. The increase in agricultural outputs will expand the demand for fertilizers at both the domestic and regional level. The building of an ammonia and urea plant is encouraged.
Basic oils: Currently estimated at 16 000 tons, the growth of this type of demand together with that of the region could make it profitable to build a production unit for these oils.
The Governement also wished to develop the transformation of hydrocarbons into petro chemical products such as plastics of all types: PET (Polyethylene-Terephtalate) for the manufacturing of bottles and drink containers, and PVC that is being used in a great number of ways in both Côte d'Ivoire and Africa as a whole.
| OPPORTUNITIES |
 Micro tank filling unit |
Goal: light filling unit for GPL type tanks, housed within a fenced area. This unit fits on 3000 to 5000 square meters and is mobile. The market comprises Côte d'Ivoire and the whole of ECOWAS.
Necessary investment: US $ 834 000, approximately 500 million CFA francs.
| PET containers |
A new project for medium sized companies or a diversification
avenue for large private companies, domestic or
foreign. The bottling and export of mineral water,
sodas and fruit juices insure great potential for
this unit. |
Necessary investment: FF 70 million, approximately 7 billion CFA francs.
| PVC production unit |
New heavy infrastructure project. PVC is currently imported from Europe and the United States.
Necessary investment: US $ 150 to 200 million, approximately 90 to 120 billion CFA francs for a unit with a capacity of 120 to 150 000 tons/year.
| Ammonia production unit |
Goal: production of ammonia from natural gaz, using steam. The unit will also produce carbon gaz.
Necessary investment: US $ 200 million, approximately 120 billion CFA francs, for a 1000 tons/day unit.
| Urea production unit |
Necessary investment: US $ 150 to 170 million, approximately 90 to 120 billion CFA francs, for a 500 000 tons/year.
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| Evaluation of bituminous sand |
This is a research and development project aimed at estimating the technical characteristics of the deposits as well as the interest for exploitation.
Products: bituminous sands deposits in Eboinda.
Necessary technology: sampling - test and analysis.
Required expertise: lab studies of characteristics.
| Used oil recycling unit |
Manufacturing of motor oil from recycled oil generated by gas stations and storage facilities.
| Oil refining facility |
Production of fuel and refined products such as kerosene, gas oil, fuel oil and sulfur.
| Methanol production unit |
Western Europe will import 4 million tons a year by the year 2001.
Necessary investment: US $ 220 million, approximately 132 billion CFA francs, for a unit with a capacity of 1000 tons/day.
| Biodegradable detergent production unit |
The market exists at the regional level.
Necessary investment: US $ 220 million, approximately 132 BILLION CFA francs, for a unit with a capacity of 30 000 tons/year.
| Petroleum coke production unit |
Implies the transformation of petroleum residue into the following products: green coke, burnt coke, coke electrodes.
Necessary investment: US $ 90 million, approximately 54 billion CFA francs, for a unit with a capacity of 25 000 bpsd, not including additional facilities and capacities.
| Lubricating oil production unit |
The market exist as all countries in the region import basic oil and additives.
Necessary investment: US $ 250 million, approximately 150 billion CFA francs, for a unit with a capacity of 150 000 tons/year. |
