Cameroon-focused producer Victoria Oil & Gas said subsidiary Gaz du Cameroun had entered into an exclusive agreement to partner with European compressed natural gas supplier Naturelgaz Sanayi ve Ticaret.

Naturelgaz is a subsidiary of Turkey-listed Global Investment Holdings.

The partnership would involve the construction of compressed natural gas infrastructure and solutions for customers needing mobile energy, initially in Cameroon, with the intention of rolling out to other African countries.

‘The agreement brings together GDC’s upstream gas capabilities and experience of the Douala energy market with Naturelgaz’ proven track record of delivering CNG solutions,’ chief executive Kevin Foo said.

‘We are excited to be adding CNG to our product mix.’

Source: sharesmagazine.co.uk