Via The Economist, a report on how Congo-Brazzaville has lost a big chunk of its oil revenue: MORE THAN a decade ago the Republic of Congo, an oil-producing country of 6m people in central Africa, wanted to improve its decrepit health-care infrastructure. It paid €491m (then worth $658m) to a Brazilian company called Asperbras to build […]
Read more »Via The Moscow Times, a report on a new planned fuel pipeline in Republic of Congo: Russia has approved the construction of a petroleum product pipeline in the oil-rich Republic of Congo, as Moscow continues efforts to strengthen its influence in Africa. The project will involve a joint venture between Russian pipeline builder ZNGS Prometey, which will […]
Read more »Courtesy of The Financial Times, commentary on those African petrostates are missing out on the oil boom — and why it matters because these countries need to finance their energy transitions: Angola’s dramatic exit from the oil cartel Opec+ late last year was interpreted as a historic pivot to the west. The less understood but […]
Read more »Via The Africa Report, an article on Patrice Motsepe plans to invest billions in a Congo mega phosphate project: Patrick Motsepe, a South African billionaire, met with authorities in Brazzaville, Republic of the Congo, to discuss the launch of his phosphate plant in the west of the Central African nation. Congolese President Denis Sassou Nguesso […]
Read more »Via Modern Diplomacy, an article on Congolese President Denis Sassou-Nguesso’s efforts to engage in game-changing strategy, widening its search for a reliable partner ready to explore it oil reserves: Congolese President Denis Sassou-Nguesso has engaged in game-changing strategy, widening its search for a reliable partner ready to explore it oil reserves, undoubtedly after Russia’s delay in […]
Read more »Via Eurasia Review, a report on the Republic of Congo’s energy sector: The Republic of the Congo, or Congo Brazzaville, is a significant regional hydrocarbons producer in sub-Saharan Africa. Most of Congo Brazzaville’s hydrocarbons production is located offshore. Congo Brazzaville holds sizable proved natural gas reserves, but only a small portion of the reserves is […]
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