Government approves construction of oil pipeline in Congo – Russia today


Publication in CHAT: Russia


According to the draft agreement, the responsible companies will be the Russian Zakneftegazstroy-Prometey LLC and the National Oil Company (Congo), which is the customer of the project. Also, within a month after signing, the companies must create a joint venture. The Russian side will have a 90% share, and the Congolese side will have a 10% share. In the event of a change of company, one side must notify the other through diplomatic channels.

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