''Société nationale des pétroles du Congo'' (the National Petroleum Company of the Congo, SNPC) is a
national oil company A national oil company (NOC) is an oil and gas company fully or in the majority-owned by a national government. According to the World Bank, NOCs accounted for 75% global oil production and controlled 90% of proven oil reserves in 2010.
Due to thei ...
of the
Republic of the Congo
The Republic of the Congo (french: République du Congo, ln, Republíki ya Kongó), also known as Congo-Brazzaville, the Congo Republic or simply either Congo or the Congo, is a country located in the western coast of Central Africa to the w ...
. The company was established in 1998 after the dissolution of the public company Hydro-Congo.
[
] The company manages government-owned shares of production from oil fields in the country.
[
] The company has stakes in Moho-Bilondo (15%), Nkossa (15%), M'Boundi (8.8%), Kitina (35%), Sendji (15%), Yanga (15%), Djambala (35%), Foukanda (35%), Mwafi (35%), Emeraude (49%), Yombo (44%), Tilapia (35%), Azurite (15%), and Turquoise Marine-1 (15%) fields.
[
][
][
] It owns the refinery company named Congolaise de Raffinage (CORAF).
[
]
References
Oil and gas companies of the Republic of the Congo
Companies established in 1998
1998 establishments in the Republic of the Congo
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