Congo’s sole crude producer, France’s Perenco SA has announced that it will start constructing a 100 megawatt gas-fired power plant on the Atlantic coast. The country currently has a capacity of 2500 MW for an electrification rate of 10%. Earlier this month, President Tshisekedi pledged to kickstart initiatives to bring peace to the parts of Congo long plagued by violence and insecurity perpetrated by armed groups, as well as to improve infrastructure. France’s Perenco SA operates 11 fields onshore and offshore in the DRC with an average production of 25,000 BOEPD. The total gross production is routed to the Kalamu floating terminal, which has a storage capacity of 1 million barrels of oil.

Source: The North Africa Journal March 07, 2019 13:41 UTC