10/6/2025–|Last update: 21:22 (Mecca time)
The Russian president approved Vladimir Putin On an agreement with the Republic of Congo Brazzaville to build the oil pipeline from Puant Nawar to Lottieh, Maloco and Tichot.
The project is expected to be completed within three years, and it will continue to be operated for a period ranging between 30 and 40 years.
This project is an important step towards enhancing cooperation between Russia The Republic of the Congo Brazzaville in the energy sector, aims to enhance sustainable energy security in the region.
The agreement includes a cooperation between the Russian construction company “Zackenstegzowi Promethe” and the National Oil Company in the Congo “Society Nacional de Petrol de Kongo”, which will work as an agent of the project.
A joint project will be formed between the two sides, as Russia will have 90% of the project shares, while the Republic of the Congo will maintain a 10%.
The project’s goals and its impact on the region
The project aims to ensure stable supplies of oil products in the Republic of Congo Brazzaville and its neighboring regions, which helps reduce logistics costs and support regional energy security.
The project will witness the establishment of a major pipeline that runs between the cities of Puant Nawar and Brazaville.
The project will also follow a system that relies on a contract for building, possessing, operating and transferring, with an agreement signed with the joint project for a period of 25 years.
A guaranteed transfer tariff is included to ensure distinctive financial returns for investors.
According to the agreement, the Republic of Congo Brazzaville must provide the necessary permits and approvals, in addition to providing preferential tax and customs facilities.
For its part, Russia is responsible for securing the commercial financing of the project without relying on government or local expenditures.