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.