Congo, Mozambique sign energy cooperation deal to support oil and gas development
Congo, Mozambique sign energy cooperation deal to support oil and gas development
Congo and Mozambique signed a hydrocarbons cooperation agreement during President Daniel Chapo’s visit to Brazzaville. Congo aims to increase oil output to 500,000 barrels per day, while Mozambique expects up to $60 billion in gas investments. Bilateral trade totaled just $20 million in 2024, highlighting the limited scale of current economic ties. The Republic of…
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Congo and Mozambique signed a hydrocarbons cooperation agreement during President Daniel Chapo’s visit to Brazzaville. Congo aims to increase oil output to 500,000 barrels per day, while Mozambique expects up to $60 billion in gas investments. Bilateral trade totaled just $20 million in 2024, highlighting the limited scale of current economic ties. The Republic of…