ABIDJAN, Oct. 2 — Cote d’Ivoire’s crude oil production rose 50 percent year-on-year in 2024 to 16.1 million barrels, the Council of Ministers said Wednesday.
The country produced around 44,000 barrels of crude oil per day on average in 2024, it said. The Ivorian government attributes this performance in oil production primarily to the commencement of production at the Baleine field in August 2023.
Discovered in 2021, the Baleine field is estimated to have a total production potential of 2.5 billion barrels of oil and nearly 3,300 billion cubic feet of associated gas.
By the end of December 2024, levies issued on petroleum products had amounted to 627.7 billion CFA francs (1.12 billion U.S. dollars), up 71.63 percent year-on-year, according to official data. (Xinhua)
