Chad Energy Storage Company Export

Chad's oil production is dominated by the China National Petroleum Company in Chad (CNPCIC), the ExxonMobil-led Esso Exploration & Production Chad Inc. (EEPCI) consortium, Glencore, and Taiwanese Chinese Petroleum Corp (operating as OPIC). Other oil companies are exploring new blocs.

The most recent exports are led by Crude Petroleum ($3.02B), Gold ($1.11B), Other Oily Seeds ($169M), Insect Resins ($27.8M), and Raw Cotton ($11.9M). The most common destination for the exports of Chad are United Arab Emirates ($1.11B), China ($823M), Germany ($747M), Netherlands ($545M), and France ($447M).

In 2023, the top exports of Chad were Crude Petroleum ($3.02B), Gold ($1.11B), Other Oily Seeds ($169M), Insect Resins ($27.8M), and Raw Cotton ($11.9M). The top destinations were United Arab Emirates ($1.11B), China ($823M), Germany ($747M), Netherlands ($545M), and France ($447M).

Chad ranks as the tenth-largest oil reserve holder among African countries, with 1.5 billion barrels of proven reserves as of 2018 and production of over 140,000 barrels per day in 2020. Petroleum is Chad's primary source of public revenue, and around 90 percent of oil production is exported.

In Chad, only 4% of the population has access to electricity. This goes hand-in-hand with low rates of access to basic services such as drinking water, basic sanitation and paved roads. Meanwhile, crude oil has become the country's primary source of expor

The top destinations were United Arab Emirates ($1.11B), China ($823M), Germany ($747M), Netherlands ($545M), and France ($447M). In 2023, the top imports of Chad were ($79.6M), ($61.2M), ($53.5M), ($45.5M), and ($43M). The top origins were ($378M), ($307M), ($129M), ($119M), and ($66.5M).