Congo cabinet approves 2027 oil assumptions and permit changes
The 2027 budget proposal assumes 112 million barrels of oil production and a $71-a-barrel crude price, while the cabinet approved changes to three petroleum permits.
Event / data period: 2026-10-07
Published: · Updated:
The Republic of Congo's Council of Ministers approved its 2027 budget proposal for submission to Parliament at its October 7 meeting. The official minutes say the proposal assumes oil production of 105 million barrels in 2026 and 112 million in 2027, with an average 2027 price of US$71 per barrel for Congolese crude. Growth in natural-gas valorization activity is projected at 6.8% in 2027.
At the same meeting, the cabinet adopted a boundary adjustment for state company SNPC's Lidongo production and adjacent Marine XXIX-A exploration permits, and an exceptional extension of Lidongo to September 25, 2046. It also approved new coordinates for ENI Congo-operated Marine XXIV to address a partial overlap with the revised marine boundary of Conkouati-Douli National Park. The budget figures are planning assumptions, not realized output.
Data
Republic of Congo cabinet energy decisions
The 2027 budget proposal and petroleum-permit amendments approved at the cabinet meeting on October 7, 2026.
- · Occurred
2027 budget oil output and price assumptions
The cabinet approved the 2027 budget proposal for submission to Parliament. It assumes oil production of 105 million barrels in 2026 and 112 million in 2027, and an average 2027 price of US$71 per barrel for Congolese crude. Growth in natural-gas valorization activity is projected at 6.8% for 2027.
- · Occurred
Lidongo and Marine XXIX-A permits
The cabinet adopted decrees adjusting the adjacent Lidongo production and Marine XXIX-A exploration permits held by state oil company SNPC, following a February 2026 protocol between Mercuria Energy and Oriental Energy. Lidongo's production permit is exceptionally extended to September 25, 2046.
- · Occurred
Marine XXIV permit and protected-area boundaries
To remove an overlap with the marine boundary of Conkouati-Douli National Park revised in 2023, the cabinet approved new coordinates for the Marine XXIV permit operated by ENI Congo.
Methodology
Events and figures come from the official October 7 Council minutes published in full by ACI on October 8 and checked against the original ministry PDF. Output, crude price and gas-activity growth are government assumptions in the 2027 budget proposal, rather than realised results. The permit decisions were made at the same meeting.
Updated:
Energy assumptions in the 2027 budget
Government budget assumptions for Congolese crude prices and natural-gas activities.
| Government assumptions for 2027 | 71 | 6.8 |
Methodology
Events and figures come from the official October 7 Council minutes published in full by ACI on October 8 and checked against the original ministry PDF. Output, crude price and gas-activity growth are government assumptions in the 2027 budget proposal, rather than realised results. The permit decisions were made at the same meeting.
Updated:
Subjects and places
Subject proposals
- Oil and gasSuggested
- Subject suggested from the title or summary: barrels, crude, oil productionwww.aci.cg ↗drive.google.com ↗
- Government budgetSuggested
- Subject suggested from the title or summary: 2027 budget proposalwww.aci.cg ↗drive.google.com ↗
Geographic references
Only source-provided geographic references are shown. Opening an external map is optional. Optional story maps use OpenStreetMap. Opening a map sends your IP address and this site’s address to the map provider; location data remains readable as text without loading the map.
- Congo - Brazzaville · Place role: Coverage · Place type: Country or area · Location precision: RegionalEvidence
- Explicit preserved editorial country/region; no city or national centroid inferredwww.aci.cg ↗drive.google.com ↗