CPC to Add to Chad’s Production Totals

Thursday, October 4, 2018

Chad is expected to see an increase in production next year as Taiwanese oil producer, CPC Corp., will begin production. The firm will produce an estimated 9,800 bpd according to Fan Chen-Hui, head of CPC’s international exploration and production activities.

Production is expected to start prior to the end of 2019 at the latest.

The announcement was made following the granting of a 25-year business license to CPC in the country.

In addition to oil, the company development project is expected to produce natural gas at a rate of 35,000 cubic metric meters per day.   the project will extract 35,000 cubic meters of natural gas per day. This will be the largest production project for the company outside the territory of the East Asian island.

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