The Republic of Congo (RoC) is set to launch a new Gas Code in tandem with a detailed Gas Master Plan (GMP) in the coming months. Aimed at accelerating the development of the natural gas industry, these policies will serve as a roadmap for investing in the RoC’s gas value chain.
The Gas Code aims to establish a legal and regulatory framework that will encourage companies to invest in gas exploration and production. It includes clear legal and tax provisions to make the RoC’s energy sector more appealing and competitive. Complementing this, the GMP will provide a strategic roadmap, guiding investment decisions, infrastructure development and resource management across the gas industry.
“These initiatives create a solid framework for investors, setting the stage for sustainable growth and advancing our industrial goals,” stated Maixent Raoul Ominga, Managing Director of the country’s national oil company Société Nationale des Pétroles du Congo.
