Middle East / Africa
Country profile: Congo (Brazzaville)
|Location:||Western Africa, bordering the South Atlantic Ocean, between Angola and Gabon|
|Climate:||tropical; rainy season (March to June); dry season (June to October); persistent high temperatures and humidity; particularly enervating climate astride the Equator|
|Terrain:||coastal plain, southern basin, central plateau, northern basin|
|Size:||342000 sq. km total (Land area: 341500 sq. km Water area: 500 sq.km)|
|Languages:||French (official), Lingala and Monokutuba (lingua franca trade languages), many local languages and dialects (of which Kikongo is the most widespread)|
|Legal system:||based on French civil law system and customary law; has not accepted compulsory ICJ jurisdiction|
|Currency:||Communaute Financiere Africaine franc (XAF); note|
Congo’s hydrocarbon industry is the country’s primary source of economic growth. According to the World Bank, the oil sector accounts for roughly 65 percent of the country’s gross domestic product (GDP), and oil exports account for around 90 percent of total export revenues. Congo’s oil production has grown over the past year and industry analysts predict continued production growth through 2010.
Congo’s energy consumption is dominated by oil (78 percent), with the remainder coming from hydroelectricity (22 percent). Natural gas, coal, nuclear and other renewables are currently not part of the country’s energy consumption mix.
Energy production and consumption
|Production:||235,900 bbl/day||115 million cu m (2005 est.)|
|Consumption:||7,000 bbl/day (2005 est.)||115 million cu m (2005 est.)|
|Exports:||229,700 bbl/day (2004 est.)|
|Imports:||11,410 bbl/day(2004 est.)|
|Reserves:||1 billion bbl (1 January 2006 est.)||86 billion cu m (1 January 2006 est.)|
Congo (Brazzaville) - recent news
|20 Jul 20
||Congo (Brazzaville): Zenith Energy announces update on the Tilapia licence
Zenith Energy has provided an update on the Tilapia licence in the Republic of the Congo which expired on July 18, 2020. The Company has submitted a comprehensive commercial and technical offer to the Ministry of Hydrocarbons of the Republic of the Congo for the award of a new 25-year licence for the Tilapia oilfield to be named 'Tilapia II'.
|07 Jul 20
||Congo (Brazzaville): Zenith Energy announces JV agreement for acquisition of second oil production asset in the Republic of the Congo
Zenith Energy has entered into a joint venture agreement with a local oil and gas company in the Republic of the Congo for the potential acquisition of an onshore oil production licence, which is in the vicinity of Tilapia, the Company's recently acquired oil production asset with transformational production potential.
|05 May 20
||Congo (Brazzaville): Zenith Energy announces completion of Tilapia acquisition and private placement
Zenith Energy has announced the successful completion of the acquisition from AIM listed Anglo African Oil & Gas of a 56 percent majority interest in, and operatorship of the Tilapia oil field, offshore Congo (Brazzaville). The Comany has also completed a private placement to raise an aggregate total amount of approx. £540,000.
|04 May 20
||Congo (Brazzaville): Zenith Energy announces passing of resolution at AAOG GM for Tilapia acquisition
Zenith Energy has confirmed that the resolution put before shareholders of AIM listed Anglo African Oil & Gas ('AAOG') at a general meeting held on May 4th to approve the sale to Zenith of a 100 per cent interest in its fully owned subsidiary in the Republic of the Congo, Anglo African Oil & Gas Congo ('AAOG Congo'), has been passed.
|17 Apr 20
||Congo (Brazzaville): Zenith Energy to acquire Tilapia interest for GBP200,000
Zenith Energy has successfully renegotiated the terms for the acquisition from AIM listed Anglo African Oil & Gas of its fully owned subsidiary in the Republic of the Congo, Anglo African Oil & Gas Congo, which has a 56 per cent majority interest in, and is the operator of, the Tilapia oilfield in the Republic of the Congo.
Congo (Brazzaville) - more news
Other countries in this region
- Central Africa Republic,
- Congo (Democratic Rep.),
- Cote d'Ivoire,
- Equatorial Guinea,
- Guinea (Republic),
- Guinea Bissau,
- Sao Tome,
- Saudi Arabia,
- Sierra Leone,
- South Africa,
- South Sudan,
- United Arab Emirates,
- Western Sahara,