Prime Minister, Philemon Yang, yesterday had discussions with the Director of the German Energy Company « EnBW Energy Baden-Wurttemberg AG».The Director of the German Energy Company, « EnBW Energie Baden-Wurttemberg AG », Stefan Liebing is in Cameroon for exploratory discussions about the fields of cooperation in the energy sector, including natural gas. Stefan Liebing, accompanied by the German Ambassador to Cameroon, Karin-Elsa Blumberg-Sauerteig, yesterday, March 11 had discussions with Cameroon??s Prime Minister, Philemon Yang.
After the audience, Stefan Liebing in an interview said « World gas markets are becoming more difficult, prices are declining and demand is going down due to the economic crisis, but still, Cameroon has very huge amounts of resources available and there seems to be very interesting projects going on ». He said they will very much like to discuss further with the government about how to cooperate in the energy sector. As to the time frame of investing in Cameroon, the Director of the German Energy Company that has a capital of eight billion Euros (about FCFA 52,00 billion), said its was difficult to make a clear statement. He said they need to do some work after meeting Cameroon government officials about what to do next and will come back not before too long to have tangible discussions. Emmanuel KENDEMEH, CT
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