By the turn of the century, production began to decline as existing oil fields reached maturity. As of 2008, oil production has increased every year as a result of several new projects, mainly Congo’s first deep-water field Moho-Bilondo. The Congo is the sixth largest oil producer in sub-Saharan Africa.
How much oil does the Congo have?
As of 2021, the Congo has 1,811 million barrels of proven crude oil reserves. Their crude oil production is measured at 267 thousand barrels per day. The accompanying downstream oil industry is an important element in the country’s economy.
When did Congo become a major oil producer?
In the late 1970s, Congo emerged as a significant oil producer, with production expanding considerably during the 1990s. By the turn of the century, production began to decline as existing oil fields reached maturity.
What crops are grown in Congo?
Agriculture is mainly in the peri-urban and remote areas of Congo where the main crops grown are manioc (Cassava), plantains, bananas, peanuts, palm oil, fruits, vegetables, yams, beans, peas and maize. Rice is cultivated in the Niari Valley and in the Djambala District.