The Republic of Congo will host the first ever Congo Energy & Investment Forum (CEIF), scheduled for March 25-26, 2025 in Brazzaville.
Serving as the inaugural edition, the forum underscores the Republic of Congo's growing role in Africa's energy landscape. Under the leadership of Minister of Hydrocarbons Bruno Jean-Richard Itoua, the country has affirmed its commitment to maximizing its energy potential and streamlining licensing and regulatory processes, leading to a series of recent acquisitions and project developments.
As sub-Saharan Africa's fourth-largest oil producer – with a daily output of 280,000 barrels expected by the end of 2024 – the Congo has attracted a new wave of independent explorers and investments across its energy value chain, rivaling neighboring oil giants like Angola and Nigeria.
The Republic of Congo boasts over 10 trillion cubic feet of proven natural gas resources and has defined a medium- to long-term strategy for their utilization, focused on increasing production, monetizing flared gas, and developing advanced processing facilities.
Congo's national oil company Société Nationale des Pétroles du Congo (SNPC) is leading Congo's energy growth. Among its many projects across the hydrocarbons value chain, the company holds a majority stake in the Mengo Kundji Bindi II permit, with an estimated 2.5 billion barrels of oil. SNPC's initiatives in this field encompass the development of 13 wells, extensive 3D seismic data acquisition and the construction of six production platforms.
CEIF will showcase partnership and lucrative investment opportunities across the country's entire energy value chain, including oil and gas exploration, production and processing, as well as green energy.
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