The DRC has proven reserves of 180 million barrels, though estimates of total petroleum reserves exceed five billion barrels. Currently, Congolese oil production is limited to the Coastal Basin, yielding 25,000 barrels per day of offshore production, all of which is exported.
How many barrels of oil does Congo produce a day?
Currently, Congolese oil production is limited to the Coastal Basin, yielding 25,000 barrels per day of offshore production, all of which is exported. Along with recently identified potential oil fields, the DRC may hold as many as 30 billion cubic meters of methane and natural gas in three major petroleum deposits.
Does Chevron work in the Republic of Congo?
Chevron is a strong and consistent member of the community. We have made social investments in the Republic of Congo for more than 20 years. In the Republic of Congo, Chevron has a 31.5 percent nonoperated working interest in the offshore Haute Mer permit areas (Nkossa, Nsoko and Moho Bilondo).
What petroleum products does the DRC import?
The DRC imports all its refined petroleum fuels and lubricants. Refined petroleum products, including gasoline, aviation fuel, kerosene; petroleum-based lubricants; oil refining operations, biofuels production. There are currently three major oil companies conducting extractive operations in the DRC.