Petroleum refining refers to all treatments and processing designed to extract as much oil as possible from high-value products. These processes are brought together in a refinery. CORAF manages the Pointe-Noire refinery where oil is processed to extract marketable fractions.
Oil, a mixture of different hydrocarbon products, has to undergo a series of different treatments to be used in combustion engines and in different branches of industry.
Massive transport is the transport of petroleum products between depots. A holder of massive storage and transport license but without transport assets, the Société Commune de Logistique (SCLOG) has signed contracts with the various carriers (CFCO, Société de transport terrestre) which transport the products on its behalf.
Terminal transport is the transport of products between depots and end consumers, either directly or through the network of service stations. Terminal transport is the responsibility of the marketing companies (Marketers) who are under contract with the carriers.
Oil distribution describes the methods and means used to move refined oil and consumables from the refinery to end consumers.
Each distribution company has a network that includes several market classes: service stations, industrial customers, marine bunkers, aviation bunkers, and so on.
As a national oil company, one of our main and statutory missions is the management of State oil assets. In this capacity, we are responsible for valuing the share of production going to the State under the sharing agreements. Also, as part of the marketing activities, our team is dedicated to the evaluation of Congolese crude oils and the identification of new markets on a global scale, interacting with international actors, concluding partnerships and strategic trade contracts.
Our activities revolve around 2 essential functions:
There are four (4) main grades of oil from the Congo Basin that are traded internationally including:
Djeno - medium heavy crude oil with low sulfur content
NKossa - non-corrosive light crude oil
Yombo-fuel oil with low sulfur content
Nemba - non-corrosive light crude oil
Each crude oil is produced differently, and therefore valued differently, depending on its quality characteristics and market conditions. As such, we constantly discuss with our partners and buyers to understand their needs and allow us to position ourselves in a consistent manner to optimize the value of our crude oil for a better contribution to the State budget.
Our operations division is a key component of our business, facilitating the loading of oil shipments at the various oil terminals including obtaining approvals, validations for tankers, managing, processing and verifying all documentation to ensure the removal of oil cargo without disruption in full compliance with all regulations and procedures.