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2 clusters · 4 sources · 4 days · First seen · Last updated

Congo-Brazzaville hydrocarbon pricing and production

Overview

Authorities in Congo-Brazzaville have established the fiscal reference prices for hydrocarbons for the third quarter of 2026. These prices, set by the Ministry of Hydrocarbons, are intended to guide tax calculations, royalty tracking, and investor discussions while balancing state interests with private investment.

Specific pricing for national crude grades includes the Nkossa Blend, valued at approximately $94.067 to $94.15 per barrel, the Djeno Blend at approximately $91.18 to $91.49 per barrel, and the Yombo grade at approximately $88.88 to $89.76 per barrel. Gas products such as Nkossa Butane and Nkossa Propane were also priced.

Parallel to these fiscal determinations, Trident OGX has announced production expansion goals. CEO Lucien Ebata stated ambitions to increase production from 2,500 barrels per day to between 45,000 and 50,000 barrels per day by 2027, specifically targeting the Mengo oil field.

Entities

Lucien Ebata · Trident OGX · Republic of the Congo · Mengo-Kundji-Bindi · Stev Simplice Onanga

Timeline

  1. [BUSINESS] 2 sources
    Congo-Brazzaville sets Q3 2026 fiscal hydrocarbon prices

    Congo-Brazzaville has finalized its Q3 2026 fiscal hydrocarbon prices, with Nkossa Blend set at $94.067 per barrel. Meanwhile, Trident OGX aims to significantly scale production via the MKB permit.

  2. [BUSINESS] 2 sources
    Congo sets Q3 2026 oil reference price at $91.51 per barrel

    Congo has set its Q3 2026 quarterly oil reference price at $91.51 per barrel, as companies like Trident OGX aim to significantly scale up production at key oil fields.

Sources

congoactu.cg · journal242.com · oceans-news.com · vox.cg