Deal #1165 Version #87934

Originally owned by the Sangha Palm Company and the Congo National Palm Plantations Authority. in 1983 the company was renamed Sangha Palm, a State-owned company with at the time a plantation area of 33,000 hectares. In 1990, and due to a financial crisis then taking place, the Sangha Palm oil factory was closed and the plantations were abandoned by the company. Fri El Green leased 4000ha from 2008, however their contract was cancelled and the land returned to the state until late in 2013 when the agreement was reached with Eco Oil Energy.

Oil Palm