Republic of Congo

Congo Brazzaville Hydrocarbon Code Compliance: FLNG and Production Sharing Contracts

This playbook provides a comprehensive examination of the Republic of Congo's Loi n° 28-2016, particularly focusing on the regulatory obligations impacting Floating Liquefied Natural Gas (FLNG) operations and Production Sharing Contracts (PSCs). With statutory emphasis on the 15% minimum participation with financial carry for SNPC during the exploration phase, alongside the prohibition of flaring associated gas, operators face stringent compliance requirements and financial constraints. Furthermore, the playbook explores the regime governing FLNG facilities, profit sharing nuances, and the intricate balance of local content obligations, all aimed at ensuring compliance while optimizing economic returns.