At Tsimiroro, Madagascar Oil aims to reach three hundred barrels per day before the end of 2026, a first step toward three thousand barrels daily within two years, provided decisive state support.
At Tsimiroro, the pace is accelerating. Madagascar Oil is preparing to cross the symbolic threshold of three hundred barrels per day before the end of 2026. This ramp-up, driven by the restart of twenty-five wells and modernization of steam injection infrastructure, outlines a new performance expected by the end of the second half of the year. The company is now setting its sights on a new objective: reaching three thousand barrels per day within twenty-four months through drilling approximately one hundred new wells.
For the company, the stakes are both energetic and sovereign. By injecting this local heavy oil onto the national market, Madagascar Oil hopes to relieve Jirama, whose needs range between three thousand and four thousand barrels, while breaking the cycle of import dependency.
This industrial deployment remains conditional on political support. "State support is decisive," emphasizes Yanto Sianipar, general administrator. The official indicates that "public authority support thus constitutes a determining lever to secure the next stages, accelerate investments and enable Tsimiroro to reach its full potential." In this statement, the company also referenced provisions relating to the customs regime. To avoid massive cost overruns during expansion, it now expects the Petroleum Code, particularly on the customs side, to become the engine of this acceleration.