Exclusive: Canadian winner of gas rights on Congo s killer Lake Kivu failed criteria reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
A Canadian start-up run from a private home was chosen by Democratic Republic of Congo for a technically complex project to extract methane from the deep waters of a volatile lake, despite the company not meeting the tender's financial criteria, documents seen by Reuters show. President Felix Tshisekedi, who is seeking re-election in December, has promised to shake off Congo's reputation for opaque dealings as he pushes plans to develop dozens of oil and gas blocks – many of them in environmentally sensitive areas. First to be auctioned were three methane blocks in Lake Kivu, sometimes dubbed a "killer lake" because of a risk of deadly eruption.
A Canadian start-up run from a private
home was chosen by Democratic Republic of Congo for a
technically complex project to extract methane from the deep
waters of a volatile lake, despite the company. -November 02, 2023 at 03:00 am EDT
- MarketScreener