Middle East / Africa

Congo (Democratic Rep.) flag
Summary | Profile

Country profile: Congo (Democratic Rep.)

Location: Central Africa, northeast of Angola ,0
Climate: tropical; hot and humid in equatorial river basin; cooler and drier in southern highlands; cooler and wetter in eastern highlands; north of Equator - wet season (April to October), dry season (December to February); south of Equator - wet season (November to March), dry season (April to October)
Terrain: vast central basin is a low-lying plateau; mountains in east
Size: 2345410 sq. km total (Land area: 2267600 sq. km  Water area: 77810 sq.km)
Population: 66,514,506
Languages: French (official), Lingala (a lingua franca trade language), Kingwana (a dialect of Kiswahili or Swahili), Kikongo, Tshiluba
Government: republic
Capital city: Kinshasa
Legal system: a new constitution was adopted by referendum 18 December 2005; accepts compulsory ICJ jurisdiction, with reservations
Currency: Congolese franc (CDF)
Licensing:

Country profile

Congo started production in 1957 from the onshore Pointe Indienne field. In the 10 years between 1988 and 1998, the Congo's crude production almost doubled from 144,000 bpd to 265,000 bpd. Most of Congo's crude production is located offshore and is highly reliant on foreign personnel and technology. Elf and Agip are the largest and second largest concessionaires in the Congo respectively.

According to reports in mid 2000, annual production in 2000 is expected to reach 14 million tons of crude (approximately 280 million barrels per day). The addition of the Bilondo, Libonolo, Moho, Foukanda and Mwafi fields is likely to increase the annual production to 20 million tons per year (approximately 400 million barrels per day). Congo's production for December 1999 was estimated at 270,000 bpd. Contribution was from Agip's Kitina, Loanga and Zatchi fields and Elf's N'Kossa and Tchibouela fields.
 
Elf Congo plans to bring the Moho Marine oil field, located in Haute Mer on stream in 2001. This is likely to be via a subsea tie back to N'Kossa production facilities. Reserves have been estimated at between 400 and 600 million barrels of oil. Initial production rates are to be of the order of 50,000 bpd increasing to peak production of 150,000 bpd. Albian and Miocene reservoir itnervals were tested at commercial rates. The N'Kossa facilities are also to be used to process production from N'Kossa Sud (estimated 40 million barrels of oil).
 
Elf has many smaller fields located on the old Pointe-Noire Grande Fonds (PNGF) concession, of which Tchibouela, Sendji, Yanga, Tchendo, Emeraude and Likouala have been brought into production. In September 1999, Likalala Marine (20 million barrels) and Kombi Marine (30 million barrels) came onstream. Elf plans to develop other smaller fields Libondo, Tchibeli, Litanzi and Yanga-Sud. Production should begin on all these fields by 2004. Total development costs are likely to be of the order of US$ 240 million. Elf's 1999 production amounted to 160,000 barrels of oil equivalent coming mainly from N'Kossa and Tchibouela fields.
 
Maurel and Prom plan to put the onshore Kouakouala field on limited production in 2000. The crude will be trucked to the export terminal or to the Coraf refinery in Pointe Noire. The field is estimated to contain between 8 and 30 million barrels of oil. Appraisal and development drilling is planned for the year 2000. Transporting the oil is problematic as the road between the field and Pointe Noire requires upgrading. There is a possibility that an export pipeline might be constructed.
 
The Kitina-Sud field is located on the Marine VII permit and Agip plans to use existing facilities at the Kitina field to process production. Agip is also the operator of the Loango, Zatchi, and Kitina fields. Production began on Kitina in 1997 and average production is now 60,000 bpd. The estimated recoverable reserves are 145 million barrels of oil.
 
CMS Nomeco has operated the offshore Yombo field since 1994, and produces approximately 15,000 bpd from 18 wells located on the field.
 
The Southern African Development Coordination Conference (SADCC), which evolved into the Southern African Development Community (SADC) , has been in existence since 1980. The original nine member-countries were Angola , Botswana, Lesotho, Malawi, Mozambique, Swaziland, Tanzania, Zambia, and Zimbabwe. South Africa joined SADC in 1994 followed by Mauritius (1995), and the Democratic Republic of Congo (DRC, 1997). In 2005, SADC granted Madagascar membership. In addition to belonging to SADC, Angola, DRC, Madagascar, Malawi, Mauritius, Swaziland, Zambia and Zimbabwe are members of the Common Market for Eastern and Southern Africa (COMESA).
 
In order to facilitate development in the region, member-states in SADC formulated various objectives which the community works to achieve. Among those objectives are the promotion of regional economic integration, creation of intra-governmental policies, and sustainable utilization of natural resources. In addition to the broader objectives of SADC, the region’s Trade Protocol calls for member-states to further liberalize intra-regional trade, while eliminating trade barriers in order to establish a Free Trade Area (FTA) by 2008. The creation of the FTA is part of a strategic plan announced by the SADC executive secretary in 2004, which also includes the establishment of an SADC customs union by 2010, a common market pact by 2012, and establishment of an SADC central bank and preparation for a single SADC currency by 2016.
 
ECONOMIC OVERVIEW
In 2005, the combined Gross Domestic Product (GDP) for SADC was approximately $330.1 billion (see Table 1 ). South Africa, the region's most developed economy, had GDP of $239.4 billion, which is more than double the combined GDP of other SADC countries. In 2005, GDP growth rates in SADC ranged from -10.3 percent (Zimbabwe) to 15.9 percent (Angola), while the weighted average GDP growth rate was 5.7 percent in the region. Poverty is one of the major challenges facing SADC, with 70 percent of the population living on less than $2 per day.
 
ENERGY OVERVIEW
The SADC Energy Protocol outlines the various principles and objectives that the region has towards energy. Chief among those is SADC’s desire to use energy to support economic growth and development in the region. Overall, SADC is a net energy exporter. In 2003, the countries belonging to SADC collectively consumed (see Table 2 ) 5.9 quadrillion British thermal units (Btu) (1.4 percent of total world consumption) and produced 8.5 quadrillion Btu (2.0 percent of total world production). The region's dominant economy, South Africa , accounted for 83 percent (4.9 quadrillion Btu) of the region's energy consumption, 69.8 percent (5.9 quadrillion Btu) of its energy production, and 88.8 percent (112 million metric tons) of its CO 2 emissions .
 
Throughout the region there are significant reserves of coal, petroleum, and natural gas. Electricity in SADC is generated mainly through thermal or hydroelectric resources. Natural gas is becoming more significant to the region's energy sector as Mozambique, Namibia, South Africa and Tanzania develop natural gas fields in their respective countries. Due to the region's relatively small urban population (approximately 25.4 percent), access to commercial energy sources is limited. The majority of SADC's population still relies on the use of biofuel as its primary source of energy.

Energy production and consumption


Oil Gas
Production: NaN  NaN 
Consumption: NaN  NaN 
Exports: NaN  NaN 
Imports: NaN  NaN 
Reserves: NaN  NaN 
Major fields:



Congo (Democratic Rep.) - recent news

07 Apr 19
Congo (DRC): Democratic Republic of Congo plans oil licensing round this year
Democratic Republic of Congo plans to launch a licensing round this year for more than 20 onshore oil and gas blocks, the oil ministry said on Friday, its first since adopting a new hydrocarbons code in 2015.
01 Jul 18
Congo (DRC): Congo to open two national parks up to oil drilling
Democratic Republic of Congo's government said on Friday that it has decided to open up parts of Virunga and Salonga National Parks, home to mountain gorillas, bonobos and other rare species, to oil drilling.
16 Feb 18
Congo (DRC): Congo defends right to explore for oil in national parks
Democratic Republic of Congo’s oil minister on Thursday defended the country’s right to explore for oil anywhere on its territory after media reports that President Joseph Kabila approved drilling in Africa’s largest tropical rainforest reserve.
06 Dec 17
Congo (DRC): INPEX and partners agree to extension of concession Offshore D.R. Congo Block
INPEX and its partners Muanda International Oil Company (MIOC) and Chevron have reached an agreement with the government of the Democratic Republic of the Congo to extend the duration of the concession agreement for the Offshore D.R. Congo Block for a period of 20 years.

Congo (Democratic Rep.) - more news

Other countries in this region




A global information service for upstream oil and gas opportunities - divestitures, farmins and farmouts and licensing rounds.


Subscriber Only Deals

Current Deals

Current Upstream Deals: 362

Completed Deals

Completed Upstream Deals: 5520

Company Profiles

Current Company Profiles: 2730

Corporate Activity

Current Corporate Activity articles: 3514

Companies Looking

Current number of articles: 440

Company Sales

Current Company Sales articles:1426

Geostudies

Current Geostudies articles: 741

How to subscribe

energy-pedia Jobs

RSS Feed Widget
See all jobs...


energy-pedia Databank

The energy-pedia databank contains links to information on the world financial and energy markets, including share prices, oil and gas prices and the global stock exchanges. Read more...



energy-pedia Glossary

A list of commonly used terms in the oil and gas industry. Read more...

Subscribe

Subscribe to the FREE
energy-pedia Daily Newsletter
Subscribe

Bayphase
OPC
Geoespace
SLR Consulting logo
Government of South Australia
KL Publishing
Rose & Assocs 149
energy365
Union Jack Oil 149
About energy-pedia

energy-pedia news is a FREE news service written and edited by E and P professionals for E and P professionals.

We don't just report the news, we give you the technical background as well, with additional information derived from our unique energy-pedia opportunities service.
Contact us

energy365 Ltd

238 High Street
London Colney
St Albans
UNITED KINGDOM

Tel: +44(0)1727 822675

Email: info@energy-pedia.com