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SUPPLY
Congo (Kinshasa) has been beset by political problems.
There may be additional potential both onshore and offshore but the
country will probably not see new funds dedicated to developments for a
decade. Declines in production rates from offshore fields will continue
whilst production from onshore coastal fields may be sustained with
infill driling programmes. In the very long term oil will probably be
produced from Lake Albert near the border with Uganda.
The country has considerable associated gas resources, especially
offshore. However these are unlikely to be developed, even in the long
term, whilst gas capacity can be developed elsewhere in the region.
DEMAND
The country had seen declining oil consumption from 1997
to 2004 as its economy continued to deteriorate, but oil usage is now
flat.
This situation is likely to continue, particularly as exports of oil
will be progressively declining. By 2020 the country will likely have no
spare capacity for export. Congo (Kinshasa) uses no gas.
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