Société nationale des pétroles du Congo
The key player in energy in the Republic of Congo
Vision and Strategy Performance 2025
Dear Partners and Collaborators,
The National Petroleum Company of Congo (SPC) is a strategic player in the economic development of the Republic of Congo. Our mission focuses on:
- Effective Management of oil and gas resources.
- Significant Contributions to the state budget and energy autonomy.
Over the years, we have solidified our role as a pillar of the energy industry, navigating global and regional challenges.
Our aim is to maximize performance while remaining committed to the Congolese state anc our partners. We actively support sustainable development initiatives and promote innovation in our sector.
Maixent Raoul Ominga
Managing Director – SNPC
Our future vision is encapsulated in the Performance 2025 program, which will:
Increase Revenues
Enhance the value of oil and gas resources while optimizing production and sales processes.
Control Costs
Reduce operational expenses and improve financial efficiency.
Improve Governance
Promote transparent and responsible management practices to ensure sustainability and social responsibility.
Support Government Initiatives
Align with national priorities in energy, economic growth, and environmental protection.
SNPC Group is committed to maintaining its growth trajectory by implementing robust strategies to meet the current and future needs of our country and the African continent.
Recent financial results highlight these efforts, including a 30% reduction in financial debt and record profits of $176 million for 2023. These outcomes reflect strong financial management, enabling the company to maintain its financial stability in a challenging global economic environment.
SNPC
overview
Public Industrial and Commercial Establishment
Mission: To manage the interests of the Congolese state in the exploration, production, transformation, and marketing of hydrocarbons.
Revenue Contribution: Over 60% of the state’s budgetary revenues.
3 Billion
Current Investments: Nearly $3 billion for SNPC (holding company) focused on the Nanga I, Kouakouala, and Le Mayombe II permits. This includes acquiring magnetometric and aerogravimetric data and drilling equipment for studies on promoting and developing natural gas, hydrogen, and helium
1,161
employees
12.6 M
Production: 12.6 million barrels per year (non-operated assets) and 366,848 barrels per year (operated assets)
1,006
Training Completed: 1,006 training sessions conducted in 2023
The republic of Congo Overview
Young and dynamic population
The Republic of Congo has almost 5 million inhabitants, with 56% under 20 years old.
Established oil production
The country is the fourth-largest oil producer in sub-saharan africa, expecting to reach 280,000 barrels per day by the end of 2024.
Significant oil reserves
Oil reserves are around 2.5 billion barrels, with ongoing projects to develop new areas. international investments: major companies like Totalenergies, Eni, and Perenco are investing heavily in the energy sector.
International investments
Major companies like Total energies, Eni, and Perenco are investing heavily in the energy sector.
SNPC’
subsiduaries
Sonarep
focused on hydrocarbon research and production.
SFP
specializes in oil drilling
ILOGS
Handles oil logistics and lifting operations
SFP trading
Manages hydrocarbon marketing in international markets
CORAF
The country’s only refinery, meeting 70% of congo’s energy needs
SNPC Distribution
Responsible for the national distribution of refined petroleum products
Upstream oil activities
The Republic of Congo has two significant sedimentary basins, the coastal basin and the inland basin, both of which are involved in upstream activities. SNPC is currently engaged in 18 exploration permits and 37 production permits.
In addition to its participatory interests in production permits alongside partner companies, the SPC Group operates five permits.
Le Mayombe II
Exploration
Kouakouala II
Exploitation
Nanga I
Exploration
Zingali II
Exploitation
Loufika-Tioni II
Exploitation
Enhancement of its
operated assets
As part of its strategy to enhance its operated assets, SNPC has signed technical assistance agreements with Unite Oil & Gas International (UOGI) and National Energy Services Reunited (NESR). Together, the three companies form the “Sun Team,” dedicated to developing a comprehensive asset valuation strategy in a project mode to support the General Management’s vision.
In parallel, new geological and seismic studies have been conducted jointly on new hydrocarbon areas, represented by the several permits.
Strategic partnerships
SNPC, along with Eni Congo and Lukoil, signed a contract in September 2023 for the sale of liquefied natural gas (LNG) with Eni SPA.
The Marine XII permit, awarded to SNPC under the Republic of Congo’s gas development policy, has led to the discovery of four gasfields: Litchendjili, Néné-Banga, Nkala, and Minsala. This partnership aims to facilitate approximately $5 billion in investments for the Marine XII LNG project, which will include the offshore installation of two floating liquefaction units with capacities of 600,000 and 2,400,000 metric tons per year.
Downstream oil activities
The downstream oil segment includes refining, petrochemicals, transportation, storage, and marketing of products. SNPC manages activities such as coordinating the transport, storage, refining, and marketing of petroleum products, exploring to enhance product value, monitoring international market prices, and ensuring a stable supply for the country.
Pipeline
Mboundi-Djeno
Pipeline
KoukoualaI-Mengo
Pipeline
Coraf-Djeno
Pipeline project
Kundji-Djéno
Pipeline project
Kayo-Djéno
For distribution, SNPC holds a 90% stake in SNPC Distribution, a 30% stake in SNAT (a fuel distributor), and a 20% stake in SOCOGAZ, which handles domestic gas transportation and marketing.
CORAF
The Congolaise de Raffinage (CORAF), established in 1982, is the Republic of Congo’s sole refinery. Located in Pointe-Noire, it processes crude oil into marketable products like butane, gasoline, kerosene, light diesel, and heavy fuel oil, supplying around 70% of the country’s needs with a capacity of 1.2 million tons per year. The crude is sourced from the Djéno terminal via a 25 km pipeline.
pipeline construction and energy access
SNPC plans to construct a petroleum transportation pipeline, including the proposed Pointe-Noire-Maloukou-Oyo-Ouesso pipeline. This initiative aims to enhance energy access throughout the country, creating a more interconnected network for the distribution of petroleum products and supporting economic growth in various regions.
International trading
Five types of crude oil from the Republic of Congo are marketed internationally: Diéno blend, Nkossa blend, Nkossa butane, Nkossa propane, and Yombo. The state’s share of production from production-sharing contracts is sold by SNPC.
To enhance its capabilities, SNPC established a new wholly-owned subsidiary, SNPC TRADING, in Singapore in 2019, specializing in the marketing of liquid and gas hydrocarbons in international markets.
Energy transition and sustainable development
The Gas Master Plan aims to convert Congo’s gas potential into a new growth source for the national economy. SNPC is also focusing on natural hydrogen and helium, with advanced exploration efforts in these areas.
These less-polluting resources are integral to the company’s decarbonization strategy, which seeks to reduce its carbon footprint and comply with the Republic of Congo’s climate change commitments.
Eco Zamba Project
SNPC is actively involved in environmental initiatives like the Eco Zamba project, launched in 2023, aimed at reforesting 50,000 hectares in the Batéké Plateaus. This initiative seeks to capture carbon, restore local ecosystems, and provide economic opportunities for surrounding communities. The Eco Zamba project positions SNPC as a pioneer in Africa for sustainability, aligning with the Performance 2025 program-a roadmap for becoming a greener, more resilient energy player.
SNPC Group Foundation
SNPC Group Foundation is the primary vehicle for the company’s social and educational initiatives. In 2023, the Foundation enhanced its role by supporting significant community projects, such as constructing educational and healthcare infrastructure. The Tchiminzi school complex, inaugurated in October 2024, spans 26 hectares and provides modern facilities for Congolese students from preschool to middle school.
Educational Projects
SNPC also spearheads various vocational training initiatives for young Congolese. In November 2023, it opened the Antoine Ndinga high school in Oyo, accommodating 480 students in classrooms and 300 in boarding. This modern school focuses on technical and industrial education aligned with the oil sector’s needs.
Training Projects
Additionally, SNPC provided scholarships to nine Congolese students aged 17 to 22 to pursue engineering studies in petrochemicals or geology for five years at Bakou Higher Oil School in Azerbaiian.
Human ressources and training
SNPC believes that professional training is essential to ensure that its workforce aligns with the company’s development strategies and maintains long-term performance.
Commitment to employee training
In 2023, SNPC conducted over 1,006 training sessions for its employees, strengthening its human capital to meet future challenges. These initiatives demonstrate the company’s commitment to developing local talent while promoting sustainable growth for future generations.
SNPC's Focus on Training
- Emphasizing vocational training for skilled positions and opportunities for younger employees.
- Establishing key training partnerships with major industry players in the region, including a collaboration with SONATRACH in 2023.
- Integrating many students into internships within the group's companies as part of their university programs.
- Implementing a system for monitoring and evaluating training programs.
- Conducting a feasibility study to develop a training school focused on energy-related professions.