Please note: you are viewing an old version of this deal. The current version can be found here: Deal #1164

Deal #1164 Version #94332

Congo, Rep.
Created at
2013-02-15
Last update
2024-09-26
Last full update
2024-10-17

Land area

Intended size
200 000 ha
Size under contract (leased or purchased area)
  • [current] 70 000 ha
Comment on land area
Italian energy corporation ENI plans palm oil plantation of 70,000 ha.Plans to extend to 200,000 hectares. General Info:

Intention of investment

Intention of investment
  • [current] Biomass for biofuels, Agriculture unspecified (70 000 ha)
Comment on intention of investment
Production palm oil and bodiesel.

Carbon offset project

Carbon offset project
No

Nature of the deal

Nature of the deal
Lease

Negotiation status

Negotiation status
  • [2009] Intended (Under negotiation)
  • [current] Failed (Negotiations failed)
Comment on negotiation status
MoU signed in 2009 A Memorandum of Understanding on a Food Plus Biodiesel project outlines a framework for collaboration in the use of vegetable oils from palm tree cultivation on approximately 70,000 unfarmed hectares in the Niari region,

Implementation status

Implementation status
  • [2011, current] Startup phase (no production)
Comment on implementation status
An initial 4-year feasibility study phase was planned, ending in 2011. If successful, the company considered building a bio-refinery.