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- Format
- 3 files (PDF report, 2 Excel files)
- Pages
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26 (Report only)
- Delivery
- Immediate by e-mail
- GENERAL OVERVIEW
- INSTITUTIONS AND ENERGY POLICY
- ENERGY COMPANIES
- ENERGY SUPPLY
- ENERGY CONSUMPTION
- ISSUES AND PROSPECTS
- DATA TABLES
- ABBREVIATIONS
- GLOSSARY
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Overview
This analysis includes a comprehensive Congo energy market report and updated datasets. It is derived from the most recent key economic indicators, supply and demand factors, oil and gas pricing trends and major energy issues and developments surrounding the energy industry. The report provides a complete picture of the country situation, dynamics, current issues and future prospects. With market data and continuous follow-up of markets news, this report brings clear and concise insights with which to tackle national energy challenges and opportunities. Browse the tabs below for a detailed table of contents, the list of graphs and tables, and details on the data files.
Highlights
- Oil is important in Congo's economy, with 80% of the export revenues and 25% of the GDP in 2023.
- The country launched a new Gas Master Plan in 2021, aimed at revitalizing its gas potential.
- Perenco and Eni are the leading producers of oil and natural gas, respectively.
- Energie Electrique du Congo (E2C) is the national electricity company.
- Oil production has declined by 20% since 2019.
- The power capacity has remained stable since 2020.
- Total energy consumption has been growing more slowly since 2020, after a very rapid increase between 2010 and 2019.
- Several dams are planned, including the very controversial Sounda Gorge project (600 MW).
- Two LNG liquefaction projects are under development.
Institutions & Energy Policy
Congo is located in Sub-Saharan Africa, and is bordered by Gabon, Cameroon, the Central African Republic, and the Democratic Republic of Congo (DRC). Its capital city is called Brazzaville. Its main resources are hydrocarbons, wood, and minerals.
Energy Companies
Gas:
Eni is the leading natural gas producer, with a production of 1.8bcm in 2023 (-13%%).
Energy Supply
Resources:
The country has relatively large reserves of hydrocarbons (2 882 mb of crude oil and 284 bcm of natural gas, end of 2022 and a hydroelectric potential of almost 4 GW. About 2/3 of the tropical forest (covering 60% of the surface area) are economically exploitable. The potential is estimated at 1.8 Mt.
Energy Consumption
In 2022, total energy consumption per inhabitant was around 0.6 toe (0.2 toe without biomass), in line with the Sub-Saharan Africa average, including 270 kWh of electricity (around 20% below the regional average).
Graph: CONSUMPTION TRENDS BY ENERGY SOURCE (Mtoe)
Issues & Prospects
Oil:
Congo aims to double its crude oil production to 500 kb/d compared to 2022 (268 kb/d).