Russia has been consolidating its energy-related agreements with several African nations over the past few years. Conversations about such deals have gained momentum in light of the Russian Energy Week, which took place in Moscow from September 26 to 28. Consequently, several African nations, including Congo, have made their requirements for a Russian partnership public.
Bruno Jean-Richard Itoua, the Minister of Hydrocarbons for the Republic of the Congo, recently made it clear that his nation intends to accept additional energy deals from Russia.
The minister urged Russian companies to invest in Congo’s energy sector and take on projects involving oil, gas, minerals, and power.
He mentioned that this kind of arrangement would follow on from the partnership between Russia and Congo.
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State nuclear corporation Rosatom and oil company Lukoil are two examples of Russian energy companies with ongoing projects in the Central African nation.
“So that’s the companies we know. But maybe there are more companies. My goal is to see Russian companies to come in Congo to see what they have many opportunities for energy, for electricity, for oil, for gas, for mineral [projects],” the minister added.
The Congolese minister stated that the negotiations with Rosatom are going well and that the parties are working hard to complete agreements on nuclear and renewable energy that were previously negotiated.
This is in light of Congo’s signing of a Memorandum of Cooperation with Rosatom in the peaceful nuclear energy and hydropower sectors in July 2024.
