World Bank ramps up pressure on ministry of hydrocarbons over gas code
The World Bank is pushing the Congolese government to adopt clearer legislation for its gas sector. But Brazzaville's gas code is still stuck at the draft phase.
A new decree aimed at improving the regulation of gas flaring and venting practices has just been published in Congo. The country has long been slow to improve the regulation of this polluting practice, despite pressure from international donors.
Under pressure from international financial institutions, Congolese hydrocarbons minister Bruno Jean-Richard Itoua has begun reorganising his administration. This represents a logistical challenge for an ageing institution that is overpopulated with advisers, directors and attachés, but it should not cause a radical change in the balance of power in the sector, which is largely decided outside the ministry.
The Extractive Industries Transparency Initiative (EITI), which aims to improve transparency in the mining and oil sectors, has obtained only limited results in the African countries which have adopted it. The organisation, based in Norway, relies heavily on its member countries' representatives, who often have ties with governments and extractive industry companies.
The newly appointed Congolese budget minister Roger-Rigobert Andely has named a select group to reopen communication channels with the IMF and negotiate the disbursement of the second tranche of a loan programme that has been blocked for the past year.