Home oil & gas CONGO Issue dated 13/12/2016 Denis Christel Sassou Nguesso wags begging bowl at Trafigura, Glencore & Vitol In default on all of its oil-backed loans, SNPC is nonetheless seeking a last-chance handout. [...] (354 words) This article may be accessed by subscribers and e-wallet holders (EUR 6) Log in to read more Already have an account? Log in Keep me logged in Forgot your password? OK Subscribe toAfrica IntelligenceorPay-Per-Article E-wallet starting from 30 EUR Subscribe or Pay-Per-Article Discover our offers Not reader yet?Create an account to access our FREE SECTION A free issue A selection of articles New editions' summaries Keyword notifications to follow people or topics of interest to you A free issue and a selection of free articles Summaries and email notifications Keep me logged in Create a free account Free Articles MOROCCO Business 03/07/2020 ESL & Network lays groundwork for World Bank, IMF gathering in Marrakesh ANGOLA Business 30/06/2020 Lourenço wants to make up for diamond road repair blunder CAMEROON Politics 26/06/2020 Army frustrated over treatment of Israeli-supervised special forces defending Paul Biya's twilight years Access the free section On the same subject CONGO 12/09/2017 SNPC puts traders under its spell Desperately seeking a solution to its cash-flow problem, Congo-B's national company went knocking on Trafigura and Vitol's doors. Somehow, against all expectations, it has managed to convince several big oil traders to come on board. [...] CONGO 27/06/2017 Former Benin president Boni Yayi comes to SNPC's rescue Riddled with debt, the SNPC hopes to barter oil for goods with Saudi Arabia and is counting on former Benin president Thomas Boni Yayi, very active in the Gulf, in lending a helping hand. [...] CONGO 16/11/2016 Unrest in Pool region threatens Brazzaville’s economy Repression by the head of state in the rebellious department is having a knock-on effect in the capital. [...] Spotlight AFRICA 15/11/2016 Petra breaks lock on closed trading circles in Geneva Arriving on Geneva's oil scene a year ago, the private concern Petra Energy is poised to invest largely in Africa. The group has the wherewithal for that: behind its equity held in Swiss trust concerns stands a trader who made [. [...] CONGO 04/10/2016 SNPC runs out of gasoline Burdened by debt, the national oil company can no longer pay the suppliers who sell it oil products, causing a supply crisis in the area. [...] CONGO 10/11/2015 SNPC won't be able to pay back advance funding The drop in the oil price is going to prevent the national oil company from paying back loans it contracted with banks. [...] Spotlight AFRICA 05/07/2011 Trafigura takes a new tack Two years after the legal case relating to dumping toxic waste in Ivory Coast was settled, Trafigura, the world's second biggest independent trader after Vitol (it's tied with Glencore for second place), has changed the way it operates in Africa. [...] SPECIAL OFFER 15% OFF your subscription to AfricaIntelligence.com SUBSCRIBE Offer available until 31/07/2020 SPECIAL OFFER 15% OFF your subscription to AfricaIntelligence.com - Region SUBSCRIBE Offer available until 31/07/2020 Previous Next Receive prompts for these topics CONGO Denis Christel Sassou Nguesso Frederic Bitsamou Glencore Ninjas-Nsiloulous Pastor Ntoumi Société nationale des pétroles du Congo Trafigura Vitol Create a freenotification What is a notification?