Energy Capital Power announces the launch of the new Africa Energy: Congo-Brazzaville 2022 series


PCU (www.EnergyCapitalPower.com) will produce and publish its very first report specific to the energy sector for the Republic of Congo-Brazzaville in the second quarter of 2022; The Africa Energy Series reports and documentaries are the most comprehensive guides to emerging and established energy sectors in Africa; This announcement comes as HE Mohammed Barkindo, Secretary General of the Organization of Petroleum Exporting Countries, and HE Bruno Jean-Richard Itoua, Minister of Hydrocarbons, meet in Brazzaville, Republic of Congo, in OPEC state visit.

Energy capital and electricity (PCU) will launch the very first report specific to the energy sector of Congo-Brazzaville, Africa Energy Series (AES): Congo-Brazzaville 2022, in the second quarter of 2022, which will outline the country’s recovery strategy for Covid-19 and unveil its ambitious plans for the development of its hydrocarbon industry, including the development of natural gas; environmental and social governance; and energy transition.

The Africa Energy Series reports and documentaries are the most comprehensive guides to emerging and established energy sectors in Africa. AES: Congo-Brazzaville 2022 will address the progress made by the country in securing and growing its oil production and associated industries in the downstream sector. It will also highlight key players in the country’s oil space, while focusing on investments and growth in the country’s oil and gas industry.

The announcement coincides with the start of a historic three-day organization of the Organization of the Petroleum Exporting Countries (OPEC) and the African Energy Chamber (AEC) delegation to the Republic of Congo (23-25e) headed by HE Mohammed Barkindo, Secretary General of OPEC, which aims to strengthen the potential of the country’s hydrocarbon sector, encourage investments and partnerships with international stakeholders and address long-standing challenges, including energy poverty and climate change.

On his arrival on Monday, the Secretary General was warmly received by HE Bruno Jean Richard Itoua, Minister of Hydrocarbons, and both expressed great enthusiasm for the resumption of fruitful relations between OPEC and the Republic of Congo. “We OPEC are very confident that under the excellent leadership of the Minister of Hydrocarbons, we will turn a new page between the relations of OPEC and the Republic of Congo, ”said the Secretary-General. He added that it was not just a visit but a homecoming. The Secretary General is due to meet HE President Denis Sassou-Nguesso as well as HE Prime Minister Anatole Collinet Makosso during his visit.

As OPECThe newest member of sub-Saharan Africa and the third-largest producer of crude oil in sub-Saharan Africa, the Congo has signaled in recent years a clear policy change and has opted for a more active approach in strengthening its exploration capacities and production of oil and gas by taking a seat at the decision-making table between oil-producing countries and aligning themselves with their strategies

Efforts to boost the Congolese oil and gas sector also include two tenders for hydrocarbon production with 28 blocks tendered between 2015 and 2018-19. In addition, with the aim of increasing its refining capacities, the country has signed with Beijing Fortune Dingsheng Investment Company Limited to build a two-phase refinery in Pointe-Noire, which is scheduled to open in 2023. With estimated reserves to 2.9 billion barrels and a willingness to increase its daily oil production, which is currently estimated at 336,000 barrels per day, the government has shown renewed resolve.

PCU enthusiastically welcomes OPECthe visit and the determination of the Congolese government to propel its oil and gas sector to new heights. We are accompanying these efforts with the launch of the first report specific to the energy sector, Africa Energy Series the Republic of Congo 2022 and are delighted to present the achievements and future efforts of the country ”, declared PCU Director of the International Conference, João Gaspar Marques.

Distributed by APO Group on behalf of Energy Capital & Power.

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