Spotlight DRC Oil & gas Issue dated 30/07/2021

Tshisekedi fixes Gertler and associates in his sights over oil dispute with Angola

The Congolese president has entrusted his hydrocarbons minister Didier Budimbu with the highly sensitive mission of elucidating the circumstances in which Dan Gertler's firm Nessergy obtained a permit to explore for oil in waters shared by the DRC and Angola back in 2006. A thorny affair which cost Luanda $150m in 2015 to recover the rights from the Israeli businessman. [...] (507 words)
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