Congo (Brazzaville) has been producing oil offshore since
1957. Shallow water output is now in decline, after peaking in 1999, but
new deepwater developments will allow growth in output until at least
2013 as new fields progressively come onstream.
Onshore oil, from several small fields, was thought to be almost
depleted until new oil was discovered at the M'boundi field near the
coast in 2004. Output from here peaked in 2006 and onshore production is
now expected to remain flat.
Gas production is forecast to grow as new infrastructure, and perhaps
later an LNG plant, are installed to reduce flaring.
The country consumes modest amounts of oil, which will
grow very slowly, whilst exports increase to a new peak around 2013
before slowly declining.
Gas consumption will increase rapidly, mostly used in electricity
generation. Exports of LNG may begin in 2012.