The announcement was made recently by Prime Minister Joseph Dion Ngute to MPs.
The government will begin during 2022, the rehabilitation work of the National Refining Company (Sonara), victim of a serious fire in May 2019. "In the field of oil and gas products, we plan to start the rehabilitation work on sonara… " announced the Prime Minister, Joseph Dion Ngute, presenting to the deputies the economic, financial, social and cultural program of the government for the year 2022. The cost of the renovation project is estimated at about 250 billion FCFA by the Ministry of Water and Energy, we learn from Invest in Cameroon.
For the record, a serious fire broke out on May 31, 2019 at Sonara, Cameroon's only crude oil refining unit. This incident had a significant impact on the revenue collected by the Directorate General of Taxes (DGI) of the Ministry of Finance. According to the implementation report of the 2019 State budget, this fire, which totally damaged 4 of the company's 13 production units partially blew three, cost the Treasury 84.2 billion FCFA, as losses recorded on the collection of taxes.
