https://en.sputniknews.africa/20240627/congolese-leader-says-prospects-for-lukoil-to-become-operator-in-oil-projects-are-positive-1067253363.html
Congolese Leader Says Prospects for Lukoil to Become Operator in Oil Projects Are Positive
Congolese Leader Says Prospects for Lukoil to Become Operator in Oil Projects Are Positive
Sputnik Africa
MOSCOW (Sputnik) - Lukoil is one of the largest Russian oil companies, with extensive operations that span across the globe. Founded in 1991, the company has... 27.06.2024, Sputnik Africa
2024-06-27T10:24+0200
2024-06-27T10:24+0200
2024-06-27T11:34+0200
sub-saharan africa
republic of the congo (congo)
denis sassou nguesso
russia
russia-africa cooperation
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President of the Republic of the Congo Denis Sassou Nguesso said in an interview with Sputnik that he discussed during his visit to Moscow with Russian oil company Lukoil its participation in oil and gas projects in the republic as an operator, and he sees good prospects for it. The president added that he hoped the Russian company would receive permission and become an oil operator in the republic after talks. Lukoil is currently working in the Republic of the Congo as a participant in the Marine XII oil and gas project. In 2019, Lukoil purchased a 25% share of the projects from UK oil company New Age M12 Holdings Limited. Italy's Eni, which has a 65% share, and the National Petroleum Company of the Congo, with a 10% share, also participate in the project. In March 2023, Lukoil said it was discussing with the Republic possible participation in new projects as an operator.
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republic of the congo (congo), denis sassou nguesso, russia, russia-africa cooperation, oil, economy, central africa
republic of the congo (congo), denis sassou nguesso, russia, russia-africa cooperation, oil, economy, central africa
Congolese Leader Says Prospects for Lukoil to Become Operator in Oil Projects Are Positive
10:24 27.06.2024 (Updated: 11:34 27.06.2024) MOSCOW (Sputnik) - Lukoil is one of the largest Russian oil companies, with extensive operations that span across the globe. Founded in 1991, the company has established itself as a key player in the energy sector, involved in the exploration, production, refining, and distribution of oil and gas.
President of the Republic of the Congo
Denis Sassou Nguesso said in an interview with
Sputnik that he discussed during his visit to Moscow with Russian oil company Lukoil its participation in oil and gas projects in the republic as an operator, and he sees good prospects for it.
"Lukoil would also like to have licenses for oil extraction, under which the company could act as an operator. We discussed this matter this morning, and there are good prospects," he said.
The president added that he hoped the Russian company would receive permission and become an oil operator in the republic after talks.
Lukoil is currently working in the
Republic of the Congo as a participant in the Marine XII oil and gas project. In 2019, Lukoil purchased a 25% share of the projects from UK oil company New Age M12 Holdings Limited.
Italy's Eni, which has a 65% share, and the National Petroleum Company of the Congo, with a 10% share, also participate in the project.
In March 2023, Lukoil said it was discussing with the Republic possible participation in new projects as an operator.
