Cameroon banks $13.5 mln in Chad oil transit fees after rake hike

YAOUNDE (Reuters) – Cameroon’s state oil firm SNH earned 6.49 billion CFA francs ($13.46 million) in transit fees for Chadian oil shipped to Cameroon’s coast from January through April, triple the amount during the same period last year. The spike in revenues comes after Cameroon last year more than tripled the transit fee land-locked Chad…
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