Latest news with #BangaKayo
Zawya
05-05-2025
- Business
- Zawya
Congo's Gas Ambitions to Take Spotlight at Invest in African Energy (IAE) 2025 with High-Level Monetization Panel
The Republic of Congo and its gas agenda will be at the forefront of the upcoming Invest in African Energy (IAE) 2025 Forum in Paris, which will feature a dedicated session on Monetizing Congo's Gas Opportunities. The strategic discussion comes as Congo works to scale up gas production, build critical infrastructure and accelerate monetization efforts to meet domestic demand and strengthen its position as a regional energy exporter. The session will be moderated by Géraud Moussarie, Managing Partner at Sustainable Partnerships, and will bring together leading voices in the sector. Featured panelists include senior representatives from Congo's national oil company, Société nationale des pétroles du Congo (SNPC); Rus Jiri, Sales and Development Director Africa at Neuman&Esser and Oumar Semega, CEO of Imperatus Energy. IAE 2025 ( is an exclusive forum designed to facilitate investment between African energy markets and global investors. Taking place May 13-14, 2025 in Paris, the event offers delegates two days of intensive engagement with industry experts, project developers, investors and policymakers. For more information, please visit To sponsor or participate as a delegate, please contact sales@ Congo's gas sector has made significant strides in recent years, with new frameworks and ambitious infrastructure projects underway. The Congo LNG project, led by Eni, aims to position the Republic of Congo as a key LNG exporter, with a total liquefaction capacity of up to 3 million tons per year through two floating LNG units – the first of which delivered its maiden cargo in February 2024. Equally critical is the monetization and domestic utilization of refined gas products. The Banga Kayo onshore project, led by Wing Wah, is set to play a central role by transforming previously flared gas into dry gas, LNG, LPG and polypropylene for use in the local market. Meanwhile, a new Gas Code, expected in 2025, along with the recently adopted Gas Master Plan, are laying the groundwork for sustainable sector growth by establishing clear incentives for investors, streamlining regulatory processes and promoting the development of gas infrastructure and local value chains. Across Africa, monetizing natural gas is increasingly seen as both an economic necessity and a catalyst for development – supporting energy access, powering industrial growth and enabling a shift toward cleaner energy sources. To date, key challenges include limited processing and transport infrastructure, constrained financing and fragmented regional markets, which continue to slow progress. Overcoming these hurdles requires coordinated policies, targeted infrastructure investment and cross-border partnerships. IAE 2025 provides a vital platform for public and private sector leaders to address these issues, promote investment and unlock the full potential of Africa's gas value chain. Distributed by APO Group on behalf of Energy Capital&Power.
Zawya
25-03-2025
- Business
- Zawya
Congo Could Double Gas Production by 2027, Says S&P Global Commodity Insights at the Congo Energy & Investment Forum (CEIF) 2025
The Republic of Congo is expected to more than double natural gas production by 2027 according to an outlook by commodity company S&P Global Commodity Insights – technical partner of the Congo Energy&Investment Forum (CEIF). This production increase will be driven primarily by Chinese developer Wing Wah's Banga Kayo and energy major Eni's Marine XII FLNG developments. The outlook was announced by Lucinda Valerie Ross, Senior Technical Research Analyst at S&P Global Commodity Insights, during a Technical Presentation titled, Assessing the Role of Deepwater Gas in the Republic of Congo's Energy Strategy, at CEIF in Brazzaville. 'Natural Gas production has historically been low [in Congo]. In response to increased production, Eni has been able to leverage pre-existing FLNG vessels in a phased approach to achieve first gas last year,' Ross stated, adding, 'We need to attract investment to these projects in order to ensure sustained increased production in Congolese gas.' The Marine XII project is set to produce 2.4 million metric tons of LNG annually in 2025. Production is expected to increase to 4.5 billion cubic meters per year by 2026, with LNG used for both domestic consumption and export. Meanwhile, over a period of 25 years, the Banga Kayo permit, plans for a cumulative production estimated at nearly 30 billion cubic meters of associated gas. The project will be carried out in four phases, each progressively increasing the gas treatment and valorization capacity to meet local and regional LNG and LPG demand. Natural gas currently accounts for over 70% of electricity generation in Congo. Meanwhile, natural gas, along with oil production, accounts for 35% of the country's GDP and 75% of its exports. Distributed by APO Group on behalf of Energy Capital&Power. About the Congo Energy&Investment Forum: The inaugural Congo Energy&Investment Forum, set for March 24-26, 2025, in Brazzaville, under the highest patronage of President Denis Sassou Nguesso and supported by the Ministry of Hydrocarbons and Société Nationale des Pétroles du Congo, brings together international investors and local stakeholders to explore national and regional energy and infrastructure opportunities.
Zawya
25-03-2025
- Business
- Zawya
Société Nationale des Pétroles du Congo (SNPC) Maixent Raoul Ominga to Speak at Invest in African Energy (IAE) 2025
The Invest in African Energy (IAE) Forum in Paris is pleased to announce Maixent Raoul Ominga, Director General of Société Nationale des Pétroles du Congo (SNPC), as a speaker, with SNPC also serving as a Gold Sponsor of the event. Ominga will contribute to discussions on Monetizing Congo's Gas Opportunities, offering insights into the country's substantial natural gas potential and the strategies being implemented to unlock its value. Congo's gas sector is set for expansion, with significant developments aimed at maximizing its full potential. Eni's Congo LNG project stands as a key pillar – eyeing production expansion up to four billion cubic meters per year by 2025 – strengthening the country's position in the global energy market. Wing Wah's Banga Kayo gas monetization project further accelerates this growth by optimizing stranded gas resources and supplying the domestic market with essential refined products. Additionally, the implementation of a new gas code and the development of a comprehensive gas master plan, which SNPC is actively helping to shape, will provide a clear regulatory framework and long-term strategy to attract investment, drive infrastructure development and optimize gas resource utilization. IAE 2025 ( is an exclusive forum designed to facilitate investment between African energy markets and global investors. Taking place May 13-14, 2025 in Paris, the event offers delegates two days of intensive engagement with industry experts, project developers, investors and policymakers. For more information, please visit To sponsor or participate as a delegate, please contact sales@ As Director General of SNPC, Ominga offers deep expertise in Congo's energy sector, with a focus on gas exploration, infrastructure development and international partnerships. The Monetizing Congo's Gas Opportunities session will highlight the country's untapped gas resources, exploring how Congo can leverage its natural assets for economic growth and regional energy security. The forum will also address the critical roles of investment, innovation and collaboration among public and private stakeholders. Congo is currently pursuing a major investment drive to attract global capital to its oil and gas sector. SNPC's participation at IAE 2025, along with its role as a Gold Sponsor, represents a key stop on the country's roadshow to engage European and international investors, highlighting its promising hydrocarbon exploration and gas monetization prospects. With a strategic focus on driving project investments and maximizing investor returns, IAE 2025 offers the ideal platform to foster high-level discussions and connect Congo with potential partners and investors to support the sector's growth and long-term success Distributed by APO Group on behalf of Energy Capital&Power.
Zawya
25-02-2025
- Business
- Zawya
G20's Impact on African Regional Energy Development: A Focus on China
China's growing influence in Africa's oil and gas sector, particularly in exploration and production (E&P), continues to reshape the region's energy landscape. At the heart of this expansion is China's strategic interest in securing energy resources to fuel its growing economy while advancing its Belt and Road Initiative. As the global energy transition accelerates, China's engagement with Africa's oil and gas sector has evolved, reflecting both a long-term investment strategy and a deeper commitment to regional energy security. China National Offshore Oil Corporation (CNOOC) is actively developing key oil fields across Africa, including Nigeria's ultra-deep Egina field and the recently operational Akpo West field. In Niger, China National Petroleum Corporation (CNPC) signed a $400 million crude supply deal in 2024 and is building a 1,980-km pipeline linking the Agadem Rift Basin to Benin's Atlantic Oil Terminal. In South Sudan, Dar Petroleum Operating Co., which counts CNPC and Sinopec as major shareholders, resumed production this month after nearly a year-long hiatus. Sinopec is also expanding its footprint in Algeria through a March 2024 agreement with Sonatrach, which includes plans for the Hassi Berkane Nord exploration zone. Meanwhile, United Energy Group is set to double its Egyptian output after acquiring Apex International Energy's Western Desert portfolio, adding over 22,000 barrels per day to its production across five concessions. In the Republic of Congo, Chinese firm Wing Wah is leading the Banga Kayo gas monetization project, converting flared gas into LNG, butane and propane. CNOOC is advancing Uganda's Lake Albert project, targeting first oil from the Kingfisher field in 2025. In Mozambique, CNPC is a partner in the $30 billion Rovuma LNG project, expected to reach FID in 2026, while CNOOC signed agreements in April 2024 for five exploration blocks in the Save and Angoche offshore areas. CNOOC is also making waves in Gabon, drilling the Tigre-1 probe in a high-potential deep-water oil prospect, marking the company's first exploration in Gabon's deep waters in over five years. China's energy investments in Africa extend beyond exploration and production to include vital infrastructure development, including pipelines, power plants and refineries. In Angola, China National Chemical Engineering Co. secured the EPC contract for the $6 billion Lobito Refinery, while China Engineering and Machinery Corp. was recently awarded the contract to build a 350 MW gas power plant in Nigeria. In South Sudan, CNPC and the government are exploring plans to build a new pipeline passing through Djibouti and Ethiopia, aimed at enhancing export capabilities as production increases in Blocks 3 and 7. Additionally, CNOOC is a key partner in the $5 billion East African Crude Oil Pipeline, which will facilitate the first Ugandan oil exports, with financing from the China Export-Import Bank and several other Chinese banks. These infrastructure projects are part of China's broader push to integrate African nations into global energy supply chains, enabling greater energy access while supporting regional economic growth. Looking toward 2025 and beyond, China's role in Africa's energy sector is expected to evolve in response to emerging trends in the global energy market, including the drive toward cleaner energy sources and greater emphasis on sustainability. Through companies like China General Nuclear Power Group (CGN), JinkoSolar and China Energy Engineering Group, China is funding wind, solar, nuclear and hydropower projects across the continent, reinforcing its commitment to the African energy transition. This shift aligns with China's broader climate goals, which include achieving carbon neutrality by 2060, and highlights the growing synergy between China's energy investments and Africa's renewable energy ambitions. As part of this growing collaboration, the African Energy Chamber (AEC) will host the Invest in African Energies investor forum in Shanghai on March 13, event will focus on strengthening China-Africa relations and creating new opportunities for Chinese producers, investors and equipment suppliers to expand their footprint across Africa. The Shanghai forum will set the stage for the African Energy Week (AEW): Invest in African Energies conference in Cape Town, where key stakeholders will continue to discuss how China's increasing energy investments in Africa can drive future development, support the continent's energy transition, and unlock new avenues for energy cooperation across both traditional and renewable sectors. "China's expanding role in Africa's energy sector is not only reshaping regional markets, but also creating vital opportunities for investment, infrastructure development and long-term energy security. As we prepare for the Invest in African Energies investor forum in Shanghai and African Energy Week 2025 in Cape Town, we look forward to strengthening partnerships that drive sustainable growth across both traditional and renewable energy industries,' said Leoncio Amada Nze Nlang, CEMAC Executive President at the AEC. To register, visit: AEW: Invest in African Energies is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy. Visit for more information about this exciting event. Distributed by APO Group on behalf of African Energy Chamber.
Zawya
28-01-2025
- Business
- Zawya
African Energy Ministers, National Oil Companies (NOCs) and Regulators Stand Out Among African Energy Chamber's (AEC) 2025 Movers and Shakers
Key African energy ministers, national oil companies (NOCs) and regulators have been recognized for their contributions to advancing hydrocarbon exploration, LNG megaprojects and policy reforms in the African Energy Chamber's ( Top 40 Movers and Shakers to Watch in 2025 list. Namibia's Tom Alweendo, Minister of Mines and Energy, is at the forefront of the country's emerging oil industry. With first oil expected by 2029 and a pioneering local content policy in place, Minister Alweendo is focused on translating Orange Basin discoveries into tangible development, while balancing investor and community needs. In the Republic of Congo, Bruno Jean-Richard Itoua, Minister of Hydrocarbons, has led milestones including the country's first LNG exports and the Banga Kayo gas project. As Congo prepares for a 2025 licensing round and implements its Gas Master Plan, Minister Itoua's leadership will be critical in positioning the country as a leading energy hub. Equatorial Guinea's Antonio Oburu Ondo, Minister of Mines and Hydrocarbons, is driving efforts to reverse declining oil and gas production. Minister Ondo is tasked with securing investment, implementing the Gulf of Guinea gas pipeline project with Nigeria, and advancing the Yoyo-Yolanda gas project to revitalize the country's energy sector. Africa's leading NOCs and regulators were also recognized for their pivotal role in driving energy sector developments in 2025. Godfrey Moagi, CEO of South Africa's National Petroleum Company (SANPC), is spearheading efforts to develop the Brulpadda and Luiperd discoveries, while advancing gas-to-power projects at Saldanha Bay, Richards Bay and Coega LNG terminals. Moagi's leadership will determine SANPC's ability to establish itself as a key player in the country's energy transition. In Angola, Sebastião Gaspar Martins, CEO of Sonangol, is driving a sweeping transformation to restore the company's profitability. With strategic partnerships, operational streamlining and the sale of non-core assets, Sonangol is poised to emerge as a more efficient and competitive entity under his guidance. Maxient Raoul Ominga, Managing Director of SNPC, is spearheading initiatives in the Republic of Congo to boost oil production to 500,000 barrels per day. Through the development of key fields and implementation of the Gas Master Plan, Ominga is positioning Congo as a competitive gas player while reducing flaring and diversifying revenue streams. In Ivory Coast, Fatoumata Sanogo, CEO of PETROCI, is driving hydrocarbon development through strategic partnerships with TotalEnergies and Eni. With the Baleine field development on track to significantly boost production by 2025, PETROCI is cementing the country's position as a regional energy hub. Sylvia dos Anjos, Head of E&P at Petrobras, is leading the Brazilian NOC's ambitious re-entry into Africa, targeting markets in Namibia, South Africa and Angola. Her vision focuses on leveraging untapped reserves to establish Petrobras as a competitive player and strengthen Brazil's partnership with Africa. In Sierra Leone, Foday Mansaray, Director General of the Petroleum Directorate, is fostering investment in offshore oil and gas exploration. Following the successful conclusion of Sierra Leone's fifth licensing round, Mansaray is focused on turning interest into tangible exploration and production gains. As Africa's energy future continues to unfold, the AEC remains committed to recognizing and supporting the leaders who are making transformative impacts in the sector. For the full Africa's Top 40 Movers and Shakers to Watch in 2025 list, visit Distributed by APO Group on behalf of African Energy Chamber.
