Via The Economist, a look at a proposed pipeline in Congo that – if built – will probably benefit Russia rather than ordinary Congolese: FOR MORE than four decades the Republic of Congo, a central-African country of 6m people, has had only a single oil refinery, despite being a major producer of crude oil. That looks […]
Read more »Via Eurasia Review, a look at how Congo is expanding its upstream activities: The Republic of Congo is entering a period of rapid growth, with upstream expansion across both the oil and natural gas industries positioning the country as a strategic anchor for Central Africa’s energy development. With the start of operations at Congo LNG […]
Read more »Via South China Morning Post, a report on China’s planned US$50B Africa investment pledge: China and the Republic of Congo, also known as Congo-Brazzaville, have formulated “a timetable and road map” for how President Xi Jinping’s US$50 billion funding commitment will go into African infrastructure projects over the next three years. Chinese Foreign Minister Wang Yi, made […]
Read more »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 […]
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