logo
Congo Energy & Investment Forum (CEIF) 2025 Technical Workshop to Support Congo's Ambitious Liquefied Natural Gas (LNG) Targets

Congo Energy & Investment Forum (CEIF) 2025 Technical Workshop to Support Congo's Ambitious Liquefied Natural Gas (LNG) Targets

Zawya26-02-2025

The Republic of Congo is expected to export an estimated 4.5 billion m 3 of LNG in 2025 as part of the second phase of its Congo LNG project. Developed by energy major Eni, the project's first phase began operations in late 2023 following the installation of the country's first floating LNG (FLNG) plant at the Marine XII offshore license. A major milestone in Congo's natural gas journey was reached in February 2024, when the country's first LNG cargo departed from Pointe-Noire to Italy.
Given Congo's immense potential to become a major gas hub in Central Africa, a technical workshop at the inaugural Congo Energy&Investment Forum (CEIF) – taking place in Brazzaville from March 24-26 – will explore cutting-edge technologies and practical solutions for unlocking and monetizing gas resources in the region. The workshop will cover the design, planning and deployment of advanced shipping solutions, including LNG carriers, as well as the development of floating gas infrastructure, such as floating storage and regasification units and FLNG facilities.
The inaugural Congo Energy&Investment Forum, set for March 24-26, 2025, in Brazzaville, under the patronage of President Denis Sassou Nguesso and supported by the Ministry of Hydrocarbons and Société Nationales des Pétroles du Congo, will bring together international investors and local stakeholders to explore national and regional energy and infrastructure opportunities. The event will explore the latest gas-to-power projects and provide updates on ongoing expansions across the country.
Congo holds an estimated 10 trillion cubic feet of proven gas reserves, primarily in offshore fields such as Litchendjili, Néné, Minsala and Nkala, located within the Marine XII license operated by Eni's Congolese subsidiary. With substantial recoverable reserves in fields like Marine XII, Nkossa and Banga Kayo, Congo's natural gas sector presents an attractive investment opportunity. Ongoing developments – including FLNG and gas reinjection strategies at the Nkossa and M'Boundi fields – ensure a stable supply of natural gas for both domestic power generation and future exports.
The Central African region – home to some of Africa's most promising oil and gas markets – is well-positioned to leverage its vast resource base to supply the continent with reliable and sustainable energy. Major producers such as Congo, Gabon, Equatorial Guinea and Cameroon have long been significant oil exporters, yet substantial investment in natural gas infrastructure is still required to fully realize the region's hydrocarbon potential. As such, the Monetizing Central Africa's Natural Gas Potential technical workshop at CEIF 2025 – taking place on Day 2 of the conference on March 26 – will highlight best practices, address logistical challenges and showcase successful case studies, paving the way for greater regional integration and economic growth.
'CEIF 2025 is an essential platform for exploring innovative solutions and cutting-edge technologies that will help unlock Central Africa's vast gas resources. By bringing together international experts and local stakeholders, the event aims to address critical challenges to ensure the sustainable development of the region's energy sector,' states Sandra Jeque, Events and Project Director at Energy Capital&Power.
Distributed by APO Group on behalf of Energy Capital&Power.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Mauritius charts bold new course as government targets investment, growth, and global appeal
Mauritius charts bold new course as government targets investment, growth, and global appeal

Zawya

time3 days ago

  • Zawya

Mauritius charts bold new course as government targets investment, growth, and global appeal

With a new government at the helm, Mauritius is setting its sights on economic revival and sustainable growth. As the island nation gears up for the high-profile API Mauritius&Indian Oceans Property Investment Forum, industry experts are calling for bold reforms and streamlined investments. Mauritius is at a pivotal moment as the newly elected government embarks on a mission to stabilise the country's economy and chart a renewed path for sustainable growth. The government has three fiscal challenges: it spends more than it earns in trade, in its budget, and in payments with other countries. To fix these problems, the new Mauritian government aims to create new sources of economic growth and attract important investments from foreign players, especially in real estate. Mauritius' economic outlook and investment opportunities will be a central focus at the third instalment of the annual API Mauritius&Indian Oceans Property Investment Forum, which will take place on 26 June at the InterContinental Hotel in Mauritius. The forum is set to expand on its two previous successes and provide more insights about investment opportunities in Mauritius. The government's emphasis on infrastructure development, climate resilience, and supportive fiscal policies positions Mauritius as an increasingly attractive destination for international capital. Industry players highlight that Mauritius' new government has committed to a path of sustainable growth and transparency, which reinforces investor confidence. Kevin Teeroovengadum, board and advisor to various listed and non-listed companies in Mauritius and in Africa including South Africa, says the government faces the daunting task of stabilising the economy and averting a downgrade to junk status by credit rating agencies. 'Mauritius urgently needs a bold, forward-looking strategic plan — one that mirrors the ambition and clarity of vision seen in Dubai's transformation. The government must set clear targets, not only in terms of the number of foreigners it aims to attract but also the profile and quality of these individuals and, a focused strategy is essential to position Mauritius as a premier destination to live, work, and retire' says Teeroovengadum. As a board director and advisor with over 25 years of hands-on experience across the African continent, Teeroovengadum brings deep expertise in deal-making in sectors such as real estate, hospitality, telecoms, and others, which puts him in good stead regarding the drivers of investments. Mauritius boasts several unique advantages, including a stable political environment, a safe and appealing lifestyle, and a resilient tourism sector. However, experts stress that unlocking the island's full economic potential will require greater openness to foreign developers and institutional investors, especially in emerging asset classes such as green buildings, logistics hubs, and affordable housing. A clear regulatory framework, streamlined processes, and robust public-private collaboration are seen as essential to ensuring that development aligns with national priorities and delivers long-term value to the local economy. Wayne Godwin, CEO of JLL Africa, says Mauritius has hallmarks that are already beneficiary to its potential in the African continent. 'The ease of doing business, sophisticated local capital markets, and low taxation make Mauritius an attractive destination for foreign direct investment, but there are still barriers that can be removed, particularly around the sale of directly held real estate, which incurs higher transfer taxes and a lengthy approval process. 'As JLL, we expect to see more focus from international investors into Mauritius in the next few years, particularly from the Middle East and India, while the trend of Mauritian investors expanding into Africa will likely continue on a similar path,' says Godwin, who leads JLL's business in Africa that has exposure to some of the fastest-growing cities in the continent. Godwin also leads JLL's Hotels&Hospitality Group division in Africa, the largest and most successful hotel advisor and broker in Africa. This places him in the best position to opine about investment opportunities in Mauritius's hospitality and tourism industry at the upcoming API Mauritius&Indian Oceans Property Investment Forum. In the face of rising climate risks, financial innovation, and climate-resilient public-private partnerships are also taking center stage. The use of green building standards, real estate investment trusts, and green bonds is gaining momentum, with early issuances by EnVolt and Cim Finance demonstrating the potential to mobilise green capital at scale. EnVolt and Cim Finance have emerged as early leaders in the green finance movement in Mauritius, playing a pivotal role in mobilising capital for sustainable development and climate-resilient infrastructure. Recycling capital from mature assets into eco-certified, resilient developments is fast becoming essential for long-term value creation in coastal tourism and mixed-use projects. But beyond sustainability, there is a pressing need to ensure that development also delivers inclusive economic opportunity. 'Mauritius has a strong foundation in residential real estate and hospitality, but the time has come to evolve and diversify the development model. We must channel foreign investment into industries that create meaningful employment for our skilled, bilingual youth—sectors like advanced manufacturing, tech-enabled services, and sustainable construction. Real estate remains central to this vision, not as an end in itself, but as a platform to support innovation, green industry, and a more inclusive economy. The opportunity is to build an economy where young Mauritians can thrive at home—not feel compelled to leave in search of better prospects', says Bernard Forster, Managing Director, Elevante Consulting, part of the Elevante Group. Elevante is a leading independent real estate advisory and property services firm in Mauritius and the Indian Ocean region, known for its deep market insight, strategic guidance, and regional transaction expertise across all asset classes. As Mauritius prepares to unveil its national budget in June, all eyes are on the government's roadmap for economic recovery and long-term growth. The coming months will be critical in shaping a more resilient, competitive and sustainable future – positioning the country as a global destination for investment, innovation, and climate-smart development. The 3rd annual API Mauritius&Indian Ocean's Property Investment Forum with the theme of 'A resilient new dawn' will take place on Thursday, 26 June 2025 at the InterContinental Hotel, Mauritius. Fror more information and to register visit Distributed by APO Group on behalf of API Events. Distributed by API Events.

Qatar records budget deficit of $133mln in first quarter
Qatar records budget deficit of $133mln in first quarter

Zawya

time3 days ago

  • Zawya

Qatar records budget deficit of $133mln in first quarter

DUBAI - Qatar recorded a budget deficit of 0.5 billion riyals ($133.31 million) in the first quarter of 2025, which was covered through debt instruments, the finance ministry said on Tuesday. Total revenue in the quarter stood at 49.4 billion riyals, down 7.5% from the same quarter last year. Non-oil revenue accounted for 6.9 billion riyals of total revenue. Government spending fell around 2.8% year-on-year to 49.94 billion riyals. Qatar, which is among the world's biggest exporters of liquefied natural gas (LNG), has stepped up efforts to diversify its economy away from hydrocarbons but remains reliant on gas revenue for the majority of government income. ($1 = 3.7506 riyals) (Reporting by Jana Choukeir; Editing by Andrew Heavens and Rachna Uppal)

Abu Dhabi's XRG targets LNG and gas capacity of up to 25m tonnes a year by 2035
Abu Dhabi's XRG targets LNG and gas capacity of up to 25m tonnes a year by 2035

The National

time4 days ago

  • The National

Abu Dhabi's XRG targets LNG and gas capacity of up to 25m tonnes a year by 2035

Adnoc's global energy investment arm XRG aims to have a gas and LNG business with capacity of between 20 to 25 million tonnes per annum by 2035 as it looks to scale up its operations globally. XRG's board, which includes Adnoc group managing director and chief executive Dr Sultan Al Jaber, former BP chief executive Bernard Looney and Blackstone's Jon Gray, approved a five-year business plan for the company on Monday. 'XRG is investing in the energy systems of the future – more integrated, more resilient, and responsive to global demand,' Dr Al Jaber, who is also the executive chairman of XRG, said. 'We are scaling platforms in gas, chemicals and energy solutions to drive long-term value and ensure energy remains a catalyst for sustainable growth and development.' XRG was launched last year as an international lower-carbon energy and chemicals investment company, with an enterprise value exceeding $80 billion. In December, President Sheikh Mohamed endorsed the appointment of the board of directors for the new unit. Other members of the board include Mohamed Alsuwaidi, UAE Minister of Investment and managing director and chief executive of Abu Dhabi's holding company ADQ, and Nassef Sawiris, the executive chair of OCI Global. The board 'supported the assessment of potential upstream gas M&A and LNG opportunities to strengthen its North American gas position", the statement said. Last month, the UAE made an announcement to increase the value of its investments in the US energy sector to $440 billion by 2035, from the current $70 billion, during US President Donald Trump's visit to the Gulf countries. That is part of the UAE's plan to invest $1.4 trillion in the country. XRG bought a stake in NextDecade's Rio Grande liquefied natural gas export facility in Texas last year along with other acquisitions in Mozambique and Turkmenistan. The board also endorsed the 'company's ambition to create a top-three global chemicals platform", the statement said. 'Subject to respective regulatory approvals, the proposed formation of Borouge Group International and the proposed acquisition of Covestro anchors an industry-leading portfolio across polyolefins, performance materials, and future speciality segments.' In December, XRG announced the acquisition of the German chemicals company Covestro for an enterprise value of €14.7 billion ($15.3 billion). In March, Adnoc also agreed to terms of a binding agreement with Austria's OMV to merge their polyolefins business and create a $60 billion Borouge Group International. The board also directed XRG through its Energy Solutions platform to expand its investments across the energy value chain "while continuing to develop select opportunities in carbon capture and storage and low-carbon fuels such as biofuels and low-carbon hydrogen that align with attractive return profiles". That comes amid growth in AI-linked power demand, particularly in the US, the statement added.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store