Hydrocarbons: SNH reports 49.3 billion FCFA transferable to the State in first quarter 2026

Author: Investir au Cameroun PublicationPublished on: July 15, 2026Country: Cameroon
Business & Economy
Hydrocarbons: SNH reports 49.3 billion FCFA transferable to the State in first quarter 2026

The National Hydrocarbons Company (SNH) reports a balance of 49.253 billion FCFA transferable to the state in the first quarter of 2026, representing 52.2% of the 94.345 billion FCFA in resources generated from hydrocarbon sales and other revenues. Expenses and commitments total 45.093 billion FCFA, including 17.406 billion in associative expenses, 18.052 billion in gas-related commitments, and 9.635 billion in other commitments. The document does not break down these categories nor confirm whether the transfer to the treasury has been made.

Stay informed with NewsBoulevard

Get the latest news summaries delivered to your inbox

Related News

Navy dismantles 48 illegal refineries, arrests 91 suspects in anti-oil theft crackdown
Crime & LawBusiness & EconomyNigeria
Kingsley Omonobi

Navy dismantles 48 illegal refineries, arrests 91 suspects in anti-oil theft crackdown

The Nigerian Navy dismantled 48 illegal refinery sites and recovered approximately 4.698 million litres of stolen crude oil and illegally refined petroleum products during the second quarter of 2026. Over 91 suspects were arrested for crude oil theft, pipeline vandalism, and militancy in the Niger Delta. Operations under Operation Delta Sentinel led to the interception of several vessels, including tankers MKPODU, WESTAF, and STELIOS K, linked to the theft of more than 900 metric tonnes of suspected stolen crude. Navy Director of Information Captain Abiodun Folorunsho noted that these results coincide with the NUPRC announcement that Nigeria's crude production reached 1.735 million barrels per day in June 2026, representing 104% of its OPEC quota.

Read More

Stay Updated with NewsBoulevard

Subscribe to our newsletter for the latest news summaries delivered to your inbox

Learn more