Oil and Gas dominates the resource sector of the Republic of the Congo (French: République du Congo), also referred to as Congo-Brazzaville, with the petroleum industry accounting for 89% of the country’s exports in 2010. Among African crude oil producers in 2010, The Congo ranked seventh. Nearly all of the country's hydrocarbons were produced off-shore.
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In the late 1970s, Congo emerged as a significant oil producer, with production expanding considerably during the 1990s. However, by the turn of the century, production began to decline as existing oil fields reached maturity, in 2001. However, since 2008 oil production has increased every year as a result of several new projects coming online, mainly Congo’s first deep-water field Moho-Bilondo. The Congo is the fifth largest oil producer in sub-Saharan Africa. According to the 2012 BP Statistical Energy Survey, Congo had proved oil reserves of 1.94 billion barrels at the end of 2011, equivalent to 17.9 years of current production and 0.11% of the world's reserves. The accompanying downstream oil industry is an important element in the country's economy. The oil industry is predominantly run by foreign companies and is centred on the coastal city of Pointe-Noire where the Congolaise de Raffinage (Coraf) operates the 21,000 bpd Pointe Noire refinery. The refinery has been out of commission for four years and has only recently started operating again.
Djeno Terminal: Operated by Total the terminal can accomidate Very Large Crude Carrier Loading. Current Production is around 25 thousand barrels a day. LOCODE CGDJE Channel Depth 23.2, tide 8m.
Moho-Bilondo. Production in 2010 equals 90,000barrels per day. Operated from a floating production unit 34 meters wide and 12.5 metes high. Located 80 km offshore from the Republic of Congo. Came online 2008. Total 53.5% Chevron 31.5% and SNPC's 15%
ENI recently announced that it will launch a pilot Oiuls project in 2012. In 2008 Eni and the Congolese Government signed a deal to explore and develop the oil sands deposit located in Tchikiatanga, with and estimated development cost of $3b. In 2008, Eni began constructing two gas-powered electric power stations. 300 mW power station, Centrale Electrique du Congo, powered from the M'Boundo deposit.