Congo Republic: SNPC changes reflect IMF pressure


Issue 374 - 27 Jul 2018 | 2 minute read

A series of appointments by President Denis Sassou Nguesso to Société Nationale des Pétroles du Congo (SNPC) and the Ministry of Hydrocarbons aims to show that Republic of Congo is serious about making its key economic sector considerably more transparent and efficient. Wary that austerity induced by the 2014-17 oil price slump has raised social tensions, the president and his allies are aware of the need to impress the International Monetary Fund (IMF) and other creditors to maintain vital financial flows.

Want to read more?

Subscribe to African Energy

View subscription options

Don't have an account?

Register for access to our free content

An account also allows you to view selected free articles, set up news alerts, search our African Energy Live Data power projects database and view project locations on our interactive map

Register