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    Business in Cameroon: In Cameroon, the Domestic Gas Subsidy Cost 28 Billion FCFA in 2014

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Summary

As domestic gas consumption grew by 14% in Cameroon last year, so too did gas subsidies, which rose to 28.3 billion FCFA ($48.3 million USD) in 2014

by: Erica Mills

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Press Notes, Africa

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Business in Cameroon: In Cameroon, the Domestic Gas Subsidy Cost 28 Billion FCFA in 2014

Domestic gas consumption in Cameroon grew by 14% in 2014, according to figures just released by the Hydrocarbon Fuel Price Stabilisation Fund (CSPH in French). The regulatory body highlights that the increase in national consumption which led to “28.3 billion FCFA in financial support”.

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