Oil and gas discoveries in the east of the country give the DRC the second largest crude oil reserves in Central and Southern Africa.  These reserves are primarily located in the four major lakes bordering Tanzania, Burundi, Rwanda, and Uganda. The DRC has proven reserves of 180 million barrels, though estimates of total petroleum reserves exceed 5 billion barrels.  Currently, Congolese oil production is limited to the Coast Basin, yielding 25,000 barrels per day of offshore production, all of which are exported.

Along with large recently identified oil fields, the DRC may hold as many as 30 billion cubic meters of methane and natural gas in the three major petroleum deposits.  Lake Kivu, bordering Rwanda and Burundi, has nearly 60 billion cubic meters of dissolved methane in its waters.  Beyond the estimated 60 billion cubic meters of methane in Lake Kivu, the lake generates as much as 250,000 cubic meters of methane annually.

The DRC contains three sedimentary basins:

  • The Coastal Basin located in Kongo Central and extends offshore to the Congo River estuary,
  • The Central Basin, and
  • The Grabens Albertine and Tanganyika, which extends from the Ugandan-DRC border to the southern tip of Lake Tanganyika on the Zambian-DRC border.

POTENTIALS

  • 6% of African oil stock, notably:
    • Costal basin (5992 km2, Province of Kongo Central);
    • The sedimentary basin of the central basin (800,000Km2) with 32 blocks that are not yet allocated;
    • The basin of the western branch of East Africa Rift;
    • The Albertine Graben (5 blocks, 1 open for exploration);
    • The Tanganyika Graben (11 blocks);
    • Lake Kivu (open for exploration of methane gas);
    • Lake Upemba.

LEADING SUB-SECTORS

  • Refined petroleum products, including gasoline, aviation fuel, kerosene;
  • Petroleum based lubricants;
  • Oil refining operations;
  • Biofuels production.

OBJECTIVES

  • Substantially increase the capacity of production and transport of electricity
  • Develop the energy distribution of electric infrastructures in order to improve the service rate for households ;
  • Diversify and develop alternative energy sources.

INVESTMENT OPPORTUNITIES

  • Certification of oil and gas reserves;
  • Prospection and exploration of sedimentary basins;
  • Exploitation of Lake Kivu methane gas;
  • Construction of a pipeline crossing the basin;
  • Construction of storage facilities;
  • Construction of a refinery;
  • Production of road bitumen in Kongo Central Province;
  • Storage, transportation and Pipelines.

NEW REFORM

  • The enactment of the law n°15/012 of August 1st 2015 on the general of hydrocarbons system.