Chad: Déby launches fuel depot
Issue 367
- 20 Apr 2018
| 1 minute read
President Idriss Déby Itno on 4 April formally launched construction of a 36m litre capacity fuel storage depot close to the Djermaya refinery. The Société Nationale des Dépôts Pétroliers, to be built by French company Parlym International, aims to create a strategic reserve to improve security of supply. The CFA12.9bn ($23m) development cost will be met by Société des Hydrocarbures du Tchad (SHT) with financing from Douala-based Commercial Bank Group’s Cameroon and Chad operations.
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