Oil Price — When Chad’s $60 million Djarmaya refinery, 25 miles north of the capital N’djamena, was opened on 29 June 2011 after two years of construction, President Idriss Deby Itno described it as a “gift from China.”
As well Deby might – the United Nations’ Human Development Index ranks Chad as the seventh poorest country in the world, with 80 percent of the population living below the poverty line on less than $1 a day.
In an earlier swipe at Western countries’ lack of interest in investing in his country Deby said, “In what manner has Africa progressed, in what sector? Whatever the good will of Africa’s old friends and the old partners in its development, it has not progressed at all.”
The Djarmaya refinery has the capacity to produce 20,000 barrels per day (bpd) of gasoline, kerosene, and heating oil. The Djarmaya refinery’s feedstock is supplied from the Ronier and Mimosa oilfields in Chad’s southern Bongor region via a 193 mile-long pipeline, which China also helped to finance.
Even better, the Djarmaya refinery also produces 40 megawatts of electricity, which are divided between the refinery and N’Djamena.
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