Economic Analysis of Crude Oil in Cameroon

Carine Odile Ngo Ntamack

Bakalářská práce

Abstract:

Cameroon is the 13th biggest producer of oil in Africa and 52nd worldwide. The Cameroonian crude oil production is evaluated to be around 81,000 barrels of oil per day. In 2016, The oil production rises to 150,000 BPD due to the opening of some new refinery and the expansion of crude oil exploitation.This research will be focusing on the evaluation of the Cameroonian’s Crude Oil market during the following period of 2006 to 2016 by identifying the main actors, by evaluating crude oil sector in Cameroon (Management, development perspectives) to access to its impact in Cameroon Economy Growth. This paper examines the causality relationship between crude oil production and Cameroon economic growth. We applied the statistical approach method during 2006-2016 and we included Cameroon total production as dependent variable and price and GDP as independents variables.We will further analyse the world global market of crude oil (history, cost of production, demand and suppliers), then we will present the Cameroonian crude oil market.

Keywords

exploitation, GDP, Economic analysis, Economic growth, Crude oil

Jazyk práce: angličtina

Datum vytvoření / odevzdání či podání práce: 30. 11. 2017

Obhajoba závěrečné práce

• Vedoucí: Ing. Petr Procházka, MSc Ph.D.

Česká zemědělská univerzita v Praze

Provozně ekonomická fakulta

Bakalářský studijní program / obor:
Economics Policy and Administration / Business Administration