- I. Introduction
- 1. Why a Source Book?
- 2. Opportunities and Challenges
- 3. The Extractive Industries
- II. Cross-Cutting Topics
- 4. Transparency and Accountability
- III. The Extractive Industries Value Chain
- 5. Policy, Legal and Contractual Framework
- 6. Sector Organization and Institutions
- 7. Fiscal Design and Administration
- 8. Revenue Management and Distribution
- 9. Sustainable Development
Oil and Gas
Congo-Brazzaville produced about 2.5% of Africa's total crude oil output p.a. When taken alongside natural gas extraction, combined petroleum earnings have supplanted forestry as the mainstay of the economy, with the government's annual budget significantly part-funded through borrowing against future, expected, petroleum earnings. Global price reductions from 2014/5, however, have reduced the amount of revenue accruing to the government, increasing strains on the national budget.
Diamond, gold, base-metals and construction materials were produced in addition to hydrocarbons. Artisanal diamond production in 2014 was reported to be valued at c.$1.5m, a decease from a figure of c.$5.25m in 2008, the first year following Congo-Brazzaville’s re-admittance as a participant in the Kimberley Process in November 2007.
The country's undeveloped mineral resources include potash, lead, zinc, uranium, copper, phosphates, gold and magnesium.