AIM-quoted Victoria Oil & Gas Plc has pioneered the monetisation of onshore gas in Cameroon from its 60% owned Logbaba gas and condensate project and created a profitable business less than five years from spudding the first wells. Through the Company’s wholly-owned subsidiary and operator of the project, Gaz du Cameroun S.A., a 35km gas distribution pipeline network has been built feeding gas to a range of industrial customers situated in Douala, the gateway port city to Central Africa.
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