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Congo To Open New Oil Licensing Round to Boost Investment

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  • Government to offer new exploration and exploitation licences at upcoming investment forum
  • Congo aims to ramp up production from 274,000 to 500,000 barrels per day in 2025

The Republic of Congo is rolling out a new licensing policy to attract international investors and revitalise its oil and gas sector, the Ministry of Hydrocarbons announced on Friday.

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