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SUBSIDIARY NAME

MR TCHUKUBUTA BYAOMBE NEHRMIE

COUNTRY

DEM. REP. CONGO

SECTOR/ INDUSTRY

ENERGY

OWNERSHIP %

70% IIB-DG

ACQUISITION DATE

MAR 28, 2022

ACQUISITION VALUATION

11.27 BILLION USD

TOTAL ASSET VALUATION

112.7 BILLION USD

ENERGY-OIL-REFINERY-GAS

MR TCHUKUBUTA BYAOMBE NEHRMIE: The intention is that the CSR & DAM RDC SARL are to develop 300,000 barrels per day oil refinery in the DRC. It will be located in the KARAMBA area in Fizi territory, South Kivu Region. The total estimated cost of the project is $11.27 billion. The money will be used to obtain, procure, EPC contractors to construct the facility. This oil refinery project is owned by DAM DRC SARL and CSR Solutions.

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