April 20, 2024
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OIL & GAS

AEW2024: Congo to Showcase Bold LNG Export Plans

The  Managing Director of the national oil company (NOC) of the Republic of Congo, Société Nationale des Pétroles du Congo, SNPC, Maixent Raoul Ominga, will participate as a speaker at the African Energy Week (AEW): Invest in African Energy conference in Cape Town this November.

The SNPC will be seeking partnerships, capital and technology injections to enhance its exploration, production and distribution capabilities. As the nation seeks to ramp up oil production to 500,000 barrels per day and accelerate gas exploration and production activities.

At AEW: Invest in African Energy 2024, the NOC will showcase Congo’s investment opportunities, targeting exploration, development of local talent, with a view to stabilizing and boosting long-term oil and gas production.

The SNPC, had in last year partnered with independent hydrocarbon producer Perenco to complete an offshore 3D seismic acquisition campaign targeting the Tchibouela II, Tchendo II, Marine XXVIII and Emeraude permits.

Last month, Eni shipped first liquefied natural gas (LNG) cargo from its Tango FLNG facility. This is part of the efforts of advancing the Republic of Congo’s gas export ambitions.

Also last October, SNPC launched its Eco Zamba initiative at the Three Basins Summit in Brazzaville, aimed at mitigating the environmental impact of oil production.

“SNPC is playing a vital role in shaping Congo’s energy landscape, from partnering with IOCs to drive upstream exploration to signing LNG trade deals. New partnerships and investment will be crucial to the Republic of Congo achieving its goal of increased oil output and accelerated gas exploration and production. AEW 2024 serves as the ideal platform for the country’s leadership to forge new partnerships and sign deals to advance the African energy industry,” states NJ Ayuk, Executive Chairman of the African Energy Chamber.

AEW is a platform, where important stakeholders get to discuss Africa’s energy development. It is an official place to sign deals in African energy.

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