Faced with chronic fuel shortages, the Republic of Congo is seeking to refine more oil at home. President Dennis Sassou Nguesso on sunday launched the construction of a new, bigger refinery near the port city of Pointe-Noire. The 2.5 million tons per year facilty will cost $600m.
What is Congo’s first oil refinery?
The country’s first refinery, the Congolaise de raffinage (Coraf), has been in operation since 1982. The refinery has the capacity to process 1 million tons of oil per year, but officially only processes 600,000 tons annually. The country’s needs are estimated at 1.2 million tons.
How will the Point-Noire refinery transform the Republic of the Congo?
Through the development of the Point-Noire facility the Republic of the Congo is re-directing its focus on regional energy growth. The new refinery is expected to transform the national economy and grant the Republic of the Congo regional exporter status.
What will the Congo refinery produce?
Additional production will allow for regional export and the refinery will be designed to run heavy to medium grade crudes. According to Congolese Minister of Hydrocarbons Jean-Marc Thystère Tchicaya, the refinery will produce automotive and aviation gasoline, liquified petroleum gas, diesel, lubricants, bitumen, kerosene and other products.
How much oil does Congo produce a year?
Congo’s first refinery, the Congolaise de raffinage (Coraf), in operation since 1982, has a capacity of 1 million tons per year, but officially it only processes 600,000 tons annually while the country’s needs are estimated at 1.2 million tons. Congo produces 204,735.33 barrels per day of oil (as of 2016) ranking 37th in the world.
Does Congo-Brazzaville have a refinery?
Congo-Brazzaville has a 1.2-mtpa demand for refined oil products, yet its only refinery – Congolaise de raffinage, which is owned and operated by state-owned SNPC – has a capacity of one million tons per year, and only processes about 60% of that capacity.