oil extraction plant cost in Democratic Republic of Congo

Oil exploration in DR Congo peatland risks forests, climate

  • oil extraction plant cost in Democratic Republic of Congo
  • oil extraction plant cost in Democratic Republic of Congo
  • oil extraction plant cost in Democratic Republic of Congo
  • oil extraction plant cost in Democratic Republic of Congo

ENERGY PROFILE Democratic Republic of the Congo

In Congo, a carbon sink like no other risks being carved up for oil

Oil and Gas Discoveries Spark Debate in the Democratic Republic of Congo

Oil firm Perenco eyes new blocks in DRC amid criticism of its

  • Why is Congo letting energy firms bid for oil & gas?
  • The Congolese government is letting energy firms bid for access to its vast oil and gas reserves, raising concerns about the potential climate consequences. The Democratic Republic of Congo (DRC) is auctioning the licensing rights for dozens of oil and gas blocks, opening up parts of the world’s second-largest rain forest to exploitation.
  • Will oil and gas extraction be possible in the Congo Basin?
  • It remains to be seen whether any actual extraction will result; still, merely establishing infrastructure for oil and gas exploration will make it easier for loggers to continue deforesting the Congo Basin.
  • Are oil exploration blocks a threat to Congo's environment?
  • The Democratic Republic of Congo is putting 16 oil exploration blocks up for auction, including nine in the peatlands of the Cuvette Centrale. Environmentalists warn that oil exploration and infrastructure for production could release huge amounts of carbon stored in the peatland and threaten the rights of local communities.
  • How many barrels of oil does Congo produce a day?
  • Currently, Congolese oil production is limited to the Coastal Basin, yielding 25,000 barrels per day of offshore production, all of which is exported. Along with recently identified potential oil fields, the DRC may hold as many as 30 billion cubic meters of methane and natural gas in three major petroleum deposits.

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