Ivory Coast Crude Oil Production Fell, Gas Rose in First Quarter

Production of crude oil in Ivory Coast dropped 14 percent in the first three months of the year, according to a document from the country’s ministry of mines, oil and energy.

Output declined to 2.44 million barrels from 2.82 million last year in the same period, a posting on the ministry of finance’s website showed. Production fell in three oil fields operated in the world’s biggest cocoa producer, except in the CI-27 field, the document said.

Natural gas output rose 24 percent in the same period to 18.19 trillion British thermal units from 14.72 trillion a year ago, according to the document. The increase follows investments in CI-26 and CI-27 blocks and was tampered by the fall of supply from CI-11 and CI-40 blocks, the ministry said.

Production of oil products rose 16 percent to 554,022 metric tons from 477,775 tons last year in the same period, the document showed. Exports surged 84 percent to 210,332 tons from last year 114,570 tons.

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