In light of low oil prices, Mahaman Laouan Gaya, executive secretary of the African Petroleum Producers’ Association (APPA) and former secretary-general of…
READ MORERepublic of Congo's Energy Industry
in figures
Oil reserves(2022):1.8 billion barrels
Oil production (2022):269,000 bopd
Gas reserves (2022):284 bcm
LNG export capacity (2024:)600,000 tpy
Republic of Congo: New Projects and New Production
The Republic of Congo’s oil and gas industry produces the third-largest volume of crude in sub-Saharan Africa. The nation produces mainly oil, with only small amounts of natural gas and condensate liquids. As a net exporter of crude, the majority of the country’s revenues are dependent on fluctuations in oil prices. The OPEC member has long attempted to make the market attractive to foreign IOCs to continue to keep up with its traditional strong production growth.
The country’s hydrocarbons sector is dominated by NOC SNPC Congo, which is the exclusive concessionaire of E&P permits. The State-run company has been joined by many IOCs participating in the upstream sector, including TotalEnergies, Chevron, Perenco and Eni. Independents also play a role in the tapping into the country’s resources. Most producing fields are now offshore, including the prolific Mondo Nord field development.
To curb the country’s reliance on export prices, plans have been made to upgrade its power generation and refining capacity. “The government values the economic diversification of the country and plans to leverage this,” Jean-Marc Thystère Tchicaya, former minister of hydrocarbons for the Republic of Congo, told The Energy Year. “Apart from the use of gas for the production of electricity, the amount of which has been expanding in recent years, other aspects of gas valuation are being studied and offer more opportunities for monetisation.”
The USD 5-billion Congo LNG project is expected to reach a capacity of 3 million tonnes per year. First gas was introduced to the project’s first FLNG vessel, Tango, in December 2023 and the inaugural shipment from the facility was announced in late February 2024.
Billy Lacobie of CABGOC talks about developments in blocks 0 and 14 and the launch of the Lifua A platform.
READ MOREAngola is working hard to increase its power generation capacity by boosting hydro and solar energy.
READ MOREDomingos Augusto of Sonamet talks about how the company will successfully deliver on the Agogo project.
READ MORETrident Energy has acquired stakes in fields offshore the Republic of Congo from Chevron and TotalEnergies.
READ MORERepresentatives of Azerbaijan's SOCAR and the Republic of Congo have met to discuss co-operation in the field of oil and gas.
READ MOREThe Republic of Congo and partner Eni are celebrating the country's inaugural shipment of LNG.
READ MORERobert Nken, managing director at KPMG Congo, speaks with TOGY about the lessons learned by both operators and the government from the fall of oil prices in 2014, as…
READ MOREAlexandre Bourgois, Congo resident manager of Subsea 7, oversees the topside segment of the Lianzi development project, a cross-border development between the Republic…
READ MOREChristian Barros, president of local business association Unicongo, discusses how Congo-Brazzaville’s oil and gas industry is evolving and how its members are…
READ MOREMinister of Hydrocarbons André Raphaël Loemba talks to TOGY about how law revisions and new exploration activities are set to raise the Central African country’s…
READ MOREThe Extractive Industries Transparency Initiative (EITI) executive committee chairman and Congo-Brazzaville representative Florent Michel Okoko spoke with TOGY about…
READ MOREFounded in 1998, the state-owned Société Nationale des Pétroles du Congo (SNPC) is Congo-Brazzaville’s first integrated oil and gas company. Its primary operations…
READ MOREIn 2013, French oil company Maurel & Prom invested about $9 million in the drilling of the Kola-1 exploration and Kola-2 appraisal wells in the La Noumbi field in…
READ MOREThe director general of the National Petroleum Company (SNPC) of the Republic of the Congo, Jerome Koko, told TOGY last week that the company plans to have secured…
READ MOREThe Congo–Brazzaville Ministry of Hydrocarbons will launch a bidding round for 10 offshore blocks in August 2014, sources at the ministry told TOGY this week.
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