International investors court Congo-Brazzaville
The West African country’s energy resources are once again attracting foreign attention, but the positive outlook for gas contrasts with that for oil
Congo-Brazzaville’s upstream is drawing renewed interest from international energy companies and foreign governments, which bodes well for the oil-revenue-dependent nation’s established—but maturing—upstream hydrocarbons sector. Chevron has long been active in Congo-Brazzaville and had a meeting with the government in October. William Lacobie, managing director of Chevron's southern Africa strategic business unit, saw Prime Minister Anatole Makosso to discuss “issues of exploitation and exploration of oil and gas”. The US major “intends to launch new exploration for hydrocarbons and develop opportunities in the field of gas”, according to the Congolese authorities, who cite Lacobie as saying
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