In 2023, Congo will be equipped with a new raw refinery with a capacity of 2.5 million tonnes per year, financed by the Chinese group Beijing Fortune Dingheng Investment Co Ltd. Work began on Sunday, February 21, 2021 near Pointe-Noire by President Denis Sassou-Nguesso visibly in the pre-election campaign.
as reported from Brazzaville, Loïcia Martial
At Fouta on the border of the Cabinda enclave, the Atlantic Petrochemical Refinery will be built on 240 acres. This project is structured by an investment agreement concluded in 2020 between the Congolese government and the Chinese group.
The size of the contract is $ 600 million (300 billion CFA francs), according to a parliamentary source who gave no indication of the counterpart.
“The refinery will produce petrol for cars and aviation, liquefied petroleum gas, diesel, lubricants, bitumen and petroleum,” explained hydrocarbon minister Jean-Marc Thystère Tchicaya
“It is a modular refinery with a nominal processing capacity of 2.5 million tonnes per year. This capacity could be increased if necessary, according to the Chinese company
Congo’s first refinery, the Congolaise de raffinage (Coraf), which has been in operation for almost 40 years, is no longer operating at full capacity and is therefore unable to meet the country’s needs, which are estimated at 1.2 million tonnes per year.