Congo plans to increase production of gas to meet demand

The Republic of Congo is poised to significantly increase its gas production as part of a strategic move to boost economic development and drive the transition towards cleaner energy sources. In an exclusive interview with CNBC Africa, Congo's Oil Minister Bruno Jean-Richard Itoua outlined key initiatives and priorities of the country's energy sector. The minister highlighted the importance of enhancing governance in the oil and gas industry through increased transparency, audits, and public engagement. This effort aims to ensure that oil revenues effectively benefit the local population and environment. One of the primary focuses of Congo's strategy is to ramp up oil production to capitalize on favorable market conditions and stimulate economic growth. The minister pointed out that with stable oil prices and a conducive market environment, investing in oil extraction is a viable option to accelerate the country's development agenda. In addition to oil, Congo is now emphasizing the utilization of its gas reserves, considering gas as a key component in energy transition initiatives. Minister Itoua emphasized that gas presents an attractive alternative in the fossil fuel industry due to its relatively lower carbon footprint compared to oil. Recognizing the imperative of environmental conservation, Congo has implemented stringent laws to safeguard its ecosystem from harmful impacts. All projects, whether oil or gas related, are subject to comprehensive impact studies conducted by international and local experts. This meticulous evaluation process ensures that projects are eco-friendly and sustainable, aligning with Congo's commitment to preserve its natural heritage. Moreover, the Republic of Congo is actively engaging with oil companies to spearhead eco-friendly projects. Major industry players such as Total Energy and Eni have initiated large-scale afforestation projects to offset carbon emissions and promote biodiversity. These initiatives signify a shift towards a more sustainable and eco-conscious oil sector, with a collective aim to transform the industry into a low-carbon entity. Looking ahead, Minister Itoua unveiled Congo's ambitious goal of becoming a net-zero carbon country by around 2035-2040. This vision entails a comprehensive Congo Green Initiative that encompasses various measures to reduce carbon emissions and promote renewable energy sources. By prioritizing the expansion of electricity access and domestic gas distribution, Congo aims to address energy poverty and enhance the quality of life for its citizens. In conclusion, the Republic of Congo's strategic focus on gas production, coupled with its commitment to environmental sustainability and social empowerment, heralds a new chapter in the country's energy landscape. With a clear vision and actionable plans in place, Congo is poised to emerge as a leading player in the global energy transition movement, setting a benchmark for environmentally responsible energy practices in the region.