Cameroon reaps big from Chad oil transit fees

Chad’s crude oil transit duty payment to Cameroon generated duties in the region of CFA 17.53 billion accounting for 27.56 million barrels as of 31 October 2014.This is found to be higher than the CFA 5 84 billion related to 24.65 million barrels in the same period in 2013, according to a memo published on…