In Tsimiroro, Madagascar Oil aims to produce three hundred barrels per day before the end of 2026, marking the first step toward three thousand barrels daily within two years, contingent upon decisive state support.
The pace is accelerating in Tsimiroro. 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 reactivation of twenty-five wells and the modernization of steam injection infrastructure, outlines a new performance target expected by the end of the second semester. The company is now setting its sights on a new objective: reaching three thousand barrels per day within twenty-four months through the drilling of around one hundred new wells.
For the company, the stakes are both energetic and sovereign.
By injecting this local heavy oil into the national market, Madagascar Oil hopes to alleviate the burden on Jirama, whose needs fluctuate between three thousand and four thousand barrels, while breaking the cycle of import dependency.
However, this industrial deployment remains conditional upon political backing. “State support is decisive,” emphasizes Yanto Sianipar, General Administrator.
The official notes that “the support of public authorities constitutes a determining lever to secure the next stages, accelerate investments, and enable Tsimiroro to reach its full potential.” In its statement, the company also referred to provisions regarding customs regulations. To avoid massive additional costs during expansion, the company now expects the Petroleum Code, particularly regarding customs aspects, to act as the driver for this acceleration.
Itamara Otton
Captured & Published at: 2026-06-23 06:00:21 (Madagascar Local Time EAT)
Original Source: https://www.lexpress.mg/2026/06/hydrocarbures-le-petrole-de-tsimiroro.html