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Interim Report. 1

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Business
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Abraham Lincoln University
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Running Head: INTERIM REPORT 1
Petrochemical Industries Experience-Cameroon
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INTERIM REPORT 2
Petrochemical Industries Experience- Cameroon
The upstream of oil in Cameroon has been a critical element in the economy of
Cameroon. It has estimated the rise of production of crude oil, thus making Cameroon the
number one producer of crude oil. Cameroon Oil Refinery Company has invested greatly on
various activities that enable the organization to produce large quality of oil. The resources and
equipment’s utilized by the organization enhances the efficiency of refining process as well as
transportation of the product. Cameroon Oil Refinery Company has a dispute with Nigeria on
who owns the Bakasi Paninsula. This event has led to debates between the two countries over the
petrochemical industry located at the border of the two nations.
The petrochemical industries in Cameroon, in particular, the Refinery Company are
protected by fiscal law and mining laws. The company has faced several challenges such as
disputes the results to formulation of fiscal law and mining laws. The government is making the
necessary changes to the law to preserve the petrochemical industries, which are a significant
income to the Cameroon economy (Cameroon: Oil And Gas Industry | Mbendi Website, n.d.).

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Running Head: INTERIM REPORT 1 Petrochemical Industries Experience-Cameroon Student’s Name University Name Course Date INTERIM REPORT 2 Petrochemical Industries Experience- Cameroon The upstream of oil in Cameroon has been a critical element in the economy of Cameroon. It has estimated the rise of production of crude oil, thus making Cameroon the number one producer of crude oil. Cameroon Oil Refinery Company has invested greatly on various activities that enable the organization to produce large quality of oil. The resources and equipment’s utilized by the organization enhances the efficiency of refining process as well as transportation of the product. Cameroon Oil Refinery Company has a dispute with Nigeria on who owns the Bakasi Paninsula. This event has led to debates between the two countries over the petrochemical industry located at the border of the two nations. The pe ...
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