Russia to Build and Control 90% Stake in New Congo Fuel Pipeline

Описание к видео Russia to Build and Control 90% Stake in New Congo Fuel Pipeline

Russia to Build and Control 90% Stake in New Congo Fuel Pipeline -
Russia’s latest power move in Africa is causing waves across the globe. Imagine controlling 90% of a major energy pipeline in one of Africa’s resource-rich nations. What does it mean for Congo, Africa, and the world?
On the western coast of Africa, in the Republic of Congo, a major infrastructure project is about to begin. Russia has tentatively agreed to construct a fuel pipeline linking Congo’s bustling western port of Pointe-Noire to the capital, Brazzaville.
This pipeline will become a critical artery for the country’s oil and fuel distribution network, with Russia holding a massive 90% stake in the joint venture. In exchange, Congo’s government has promised tax relief and other economic incentives to support the pipeline’s construction and long-term operation. Russia, in return, will fund, equip, and supply the workforce for this project – a move that significantly expands Moscow’s economic footprint in Africa.
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