Skip to content

Russia Plans to Build Refinery in the Republic of Congo

Russia is set to collaborate with the Republic of Congo to build an oil refinery, marking a significant step in their energy partnership. Jocelin Patrick Mandzela, Congo’s Honorary Consul in St. Petersburg, revealed these plans during a recent engagement with Russian media. The collaboration follows a recent agreement between the two countries that will see Russia construct a pipeline to transport oil products. The refinery project builds on Congo’s efforts to expand its energy sector, as highlighted by Minister of Hydrocarbons Bruno Jean-Richard Itoua during the Russian Energy Week in September. During that event, Itoua urged Russian businesses to invest in Congo’s oil, gas, and power sectors, emphasizing the long-term cooperation between the two countries.

SOURCE: BUSINESS INSIDER

Subscribe

Stay informed and ahead of the game with our curated collection of the top 10 stories from Africa each day, Monday, Tuesday, Wednesday, and Thursday. On Fridays, gear up for the business world as we bring you the 10 most relevant and game-changing business stories. And on Sundays, prepare to be whisked away on a delightful journey through Africa’s vibrant lifestyle and travel scenes.