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Madagascar: Petroleum products of Tsimororo reservoir on the horizon 2018

Madagascar Oil is still awaiting the acceptance of its development plan of the Tsimororo reservoir by the public authorities in charge of management, promotion and development of the Island of oil resources.
Once the plan is officially recorded by policy makers, company officials want to expand drilling on the site and move on to the next level in terms of oil production.
The local market should thus be stocked with 10,000 barrels per day before a planned export of oil products on the horizon of the year 2018 in the wake of a possible saturation in 2017 of the Malagasy market.
As a reminder, the Tsimiroro oil field is located in the west of Madagascar, in the heart of the Morondava region.


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