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Cameroon’s State Oil Firm Denies Allegations of Undervalued Crude Sales

Amindeh Blaise Atabong

Amindeh Blaise Atabong is a freelance reporter who studied advanced financial journalism at the University of the Witwatersrand, Johannesburg. He has a proven track record of delivering high-impact reporting for esteemed local, regional, and international news organizations, including Reuters, Quartz Africa, Mail & Guardian, Semafor Africa, The Times, and African Argument. Amindeh's expertise has been recognized through several prestigious awards, notably the Kurt Schork Award in International Journalism, and his reporting has often driven markets and sparked meaningful conversations.
  • SNH refutes claims of selling crude below market value, citing baseless accusations
  • Company faces pressure to disclose details of staff involved in Glencore bribery case

Yaoundé, Cameroon – Cameroon’s state-owned oil firm, the National Hydrocarbons Corporation (SNH), has firmly denied allegations that it has been selling the country’s crude oil at undervalued prices. In a statement released on this week, the company described the accusations as unfounded and damaging to its reputation.

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