The joint commission responsible for determining the official international market prices for Cameroon’s Kolé and Lokélé crude oils met in Paris on October 21, 2026. The session brought together representatives from the National Hydrocarbons Society (SNH), Perenco, and Addax Petroleum to address the commercialization of the country’s crude oil exports.
This paritary commission is tasked with establishing the official pricing benchmarks for these specific grades of Cameroonian crude. The meeting serves as a critical step in the commercialization process, ensuring that the prices reflect current international market conditions.
The collaboration between the state-owned SNH and the private operators Perenco and Addax highlights the structured approach taken in managing Cameroon’s hydrocarbon sector. By convening in Paris, the parties engaged in discussions aimed at finalizing the pricing mechanisms for the Kolé and Lokélé blends.
While the specific outcomes of the October 21 session were not detailed in the available reports, the regular operation of this commission is essential for the stability and transparency of Cameroon’s oil export revenues. The process underscores the ongoing coordination between national authorities and international energy companies in the management of the nation’s natural resources.
<small>Source: Actu Cameroun — read the original story there.</small>
