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  • What is the largest oil discovery in Ivory Coast?
  • Estimated to contain up to 2.5 billion barrels of oil and 3.3 trillion cubic feet of natural gas, the Baleine field is the largest oil discovery in Ivory Coast. The project is also expected to become the first emissions-free upstream development project in Africa under Scope 1 and 2 of the global standard Greenhouse Gas Protocol.
  • How much crude oil is produced in Ivory Coast?
  • Ivory Coast Crude Oil: Production was reported at 2.830 % in Mar 2024 See the table below for more data. Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors. Ivory Coast CI: Imports: cif: Emerging and Developing Economies: Western Hemisph... (USD mn)
  • How much will Ivory Coast Invest in oil?
  • Last June, Ivory Coast’s President Alassane Ouattara revealed plans for more than $15 billion in investment in the country’s oil sector. The President further projected an increase in oil output from 60,000 bpd – come the startup of Baleine’s Phase 2 – to 200,000 bpd within the next five years.
  • How will Calao's oil discovery impact Ivory Coast?
  • Recognized by National Oil Company Petroci as the country’s second-largest find, Calao’s resources could likely support the industrial sectors of Ivory Coast. The discovery is expected to generate substantial revenues, creating over 8,000 direct and indirect jobs and attracting increased investments to the sector.
  • What is Ivory Coast's gas strategy?
  • Last year, Ivory Coast’s Minister of Mines, Petroleum and Energy Mamadou Sangafowa Coulibaly announced the country’s strategy to fast-track the development of the country’s gas reserves.
  • How many barrels of oil a day are produced in 2023?
  • The field commenced production in August 2023, with 30,000 barrels per day (bpd) produced. The field is estimated to hold as much as 2.5 billion barrels of oil and 3.3 trillion cubic feet of gas and the investment aims to increase output to 200,000 bpd.