Modular Refinery & Pipeline / Storage Project

Modular Refinery & Pipeline / Storage Project acquired on June 16, 2022.

1. Construction of a Modular Refinery: The DRC consumes ~30,000 BBL/day of petroleum products. It has 5 billion barrels of crude oil reserves; all petroleum products are imported. It is advantageous to build a local refinery to reduce the cost and support industry and agriculture.
   • Build a Crude Oil Refinery with a maximum capacity of 100,000 barrels/day. DRC produces 40,000 barrels/day of crude oil that the refinery can buy back.
   • Build a modular refinery with a capacity adjustable from 15,000 to 100,000 Barrels/day.
   • The refinery will start with ~30,000 Barrels/Day variable up to 90,000 and the investment is recoverable in 3 ~ 5 years. Using Muanda Crude Oil.
2. Construction of Transmission Pipelines and Hydrocarbon Storage Depots
   • Build a local storage repository capacity
   • Securing the country’s supply of petroleum products
   • Build two Muanda-Kinshasa hydrocarbon transport pipelines, 550 km
   • Build a hydrocarbon storage depot in Kinshasa with a combined capacity of 60,000 cubic meters in the interior of the country
   • Build a coastal hydrocarbon storage depot (Muanda) with a cumulative capacity of 150,000 cubic meters