🇨🇮Côte d'IvoireWest Africa
PETROCI reports increased net profit despite falling crude oil prices in Côte d'Ivoire
via Abidjan.net7 min read
Côte d'Ivoire's national oil company, PETROCI, announced a net profit of 34.5 billion FCFA for the 2025 fiscal year, demonstrating growth ambitions despite a challenging market with declining oil prices. The company's general management, during its annual review on April 9, 2026, in Abidjan, highlighted this financial performance. PETROCI is optimistic for the current year, setting a net profit target of 50 billion FCFA for 2026, which would represent an almost 45% increase. This goal aligns with the 2024-2028 Strategic Plan, presented by Ms. Fatou Sanogo and Mr. Karim Coulibaly, which focuses on governance, operational performance, financial solidity, and sustainability. The management emphasized that these results confirm the relevance of their chosen strategies and PETROCI's progressive advancement in a demanding energy environment. They also called for increased team mobilization to accelerate strategy implementation, aiming to solidify PETROCI's position as a key player in Côte d'Ivoire's economic development, especially as the country seeks to maximize benefits from recent oil and gas discoveries.
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