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Review of the management of the Cameroonian Petroleum Depots Company (SCDP), financial years 2018 and subsequent

Review of the management of the Cameroonian Petroleum Depots Company (SCDP), financial years 2018 and subsequent

Review of the management of the Cameroonian Petroleum Depots Company (SCDP), financial years 2018 and subsequent

Wednesday, 8 July 2026

Audited by the Chamber of Accounts, the Société Camerounaise de Dépôts Pétroliers (SCDP) shows positive indicators. This is a crucial performance for the nation's interest, given how strategic securing the supply of hydrocarbons is.

Created in 1979 and based in Douala, this semi-public company with a capital of 16.8 billion FCFA, 51% owned by the State, ensures the storage and transport of hydrocarbons through its 14 national depots. The audit by the Chamber of Accounts confirms that its missions are generally conducted with minimal risk, under the regular control of public institutions ensuring quality and environmental standards.

On the operational front, modernisation is visible. The commissioning, at the end of 2023, of a second pipeline at the port of Douala now allows the simultaneous unloading of two vessels, boosting reception capacities. This dynamic is reflected in the figures. Between 2018 and 2023, turnover jumped by 53.32% to reach 25.6 billion FCFA, supported by the increase in volumes and the revaluation of the passage fee for marketers. With a net income exceeding 2.7 billion FCFA in 2022, the company enjoys strong financial autonomy.

However, the jurisdiction notes areas for improvement in risk management and human resources, formalised by four recommendations. A dark spot on this picture is the dispute with BGFI Bank. The bank refuses to return a remaining deposit balance of over 552 million FCFA following the failure of a service provider at the Mboppi depot. Despite the intervention of the COBAC in 2024, this dispute remained unresolved at the end of 2025.

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© 2024, Chamber of Accounts of the Supreme Court of Cameroon

This website was produced with the support of the European Union. Its content is the sole responsibility of the PDU-EU and does not necessarily reflect the views of the European Union.

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© 2024, Chamber of Accounts of the Supreme Court of Cameroon

This website was produced with the support of the European Union. Its content is the sole responsibility of the PDU-EU and does not necessarily reflect the views of the European Union.

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EN

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© 2024, Chamber of Accounts of the Supreme Court of Cameroon