Smuggling: Nigerian, Korean firms plan 284km pipeline
Efforts to end the on-going high scale fuel smuggling from Nigeria to Cameroon continued Monday as an engineering consortium comprising Nigerians and South Koreans moves to build a 284-kilometre oil pipeline, Dow Jones reported on Monday.
The report quoted a Cameroon state-run radio broadcast as saying a memorandum of understanding in that direction was signed last Thursday by the chief of Petroleum Products Pipeline S.A. and Cameroon’s Energy and Water Minister, Basile Atangana Kouna.
Details of the financial costs of the project are however being kept under wraps.
The pipeline is to run from the southwestern Atlantic port city of Limbe – where the government’s sole state-run refinery is located – through the cities of Bafoussam and Bamenda in the interior.
Cameroon lacks the necessary infrastructure to distribute fuel to filling stations around the country.
This has led to an increase in cross-border smuggling from Nigeria and Gabon.
“This project will enable the government to cut spending on fuel transportation,” said the group’s spokesman, Godbless Eruani Azibapu.