Kinshasa and Luanda Push Shared Oil Zone and Fuel Deal

DR CONGO · ENERGY

Key Facts

—The meeting: President Félix Tshisekedi received President João Lourenço at the Cité de l’Union Africaine in Kinshasa on Wednesday 26 August.

—The zone: Both agreed to give new political impetus to bringing the Zone Maritime d’Intérêt Commun, the joint offshore area, into operation.

—The split: Bonuses, taxes, levies and penalties from production in the zone are to be shared equally between the two states. The framework centres on Block 14/23, off the two countries’ shared border.