The waters of Cote d’Ivoire overlie the Abidjan basin.
The first of a series of small discoveries was brought onstream in 1982.
Output since was modest until 2003 when new floating technologies began
to be applied. Furthermore deepwater exploration has identified new
potential such that considerable output growth has occurred since 2005.
Gas production began in 1999 from the Panthere field and further small
associated and non-associated gas fields should lead to maintenance of
plateau gas production until 2013 when significant volumes of deep water
gas may be developed.
Cote d’Ivoire has no onshore oil or gas production and none is forecast.
Cote d’Ivoire oil consumption had declined before 2004
due to political unrest in the country and it will now probably remain
relatively flat, with slight upwards pressures. In 2005 the country
became a net exporter of oil as new production was realised offshore,
giving additional revenue for economic growth.
Gas consumption has increased and will continue to increase as supply is
developed, to be used in new internal markets.