Congo Republic: New permits for Perenco


Issue 414 - 01 May 2020 | 3 minute read

In what seems a spectacular development for a government struggling with the consequences of the oil price crash and industry slowdown, an 18 April cabinet meeting chaired by President Denis Sassou Nguesso approved the gazetting of two new production-sharing contracts (PSCs), which should deliver large signature bonus and other payments.

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