Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Israeli media say that for second time in span of hours, a ballistic missile is launched from Yemen toward "Israel".
Israeli media say large explosion heard in central "Israel".
Israeli media: Missile launch from Yemen takes place at end of Yahya Saree's announcement.
Israeli media: Sirens blare in occupied Al-Quds.
Saree: Escalation of aggression on Gaza and the massacres committed necessitate urgent action by the [Arab-Islamic] nation to fulfill its moral and religious duty.
YAF spox, Brigader General Yahya Saree: We also executed a drone operation with two Yaffa drones on vital targets in occupied Yafa [Tel Aviv] and Haifa.
Yemeni Armed Forces: The operation achieved its goal, halting air traffic for close to an hour, and causing millions of settlers to run to shelters.
Yemeni Armed Forces spokesperson: We have executed a military operation targeting Lod Airport [Ben Gurion Airport] with a ballistic missile, halting air traffic.
Al Mayadeen's correspondent: For the first time in over two months, close to 87 aid trucks enter Gaza.
United States: One of the two people killed in the Washington shooting is believed to be an Israeli embassy employee.

DRC in final stages to sign deal with Russia over massive oil pipeline

  • By Al Mayadeen English
  • Source: Agencies
  • 1 Aug 2023 14:07
  • 1 Shares
3 Min Read

The partner in question is Russia's ZNGS-Prometey company.

  • x
  • Pipes.
    Illustrative purposes - In this Feb. 1, 2012 file photo, miles of pipe for the stalled Canada-to-Texas Keystone XL pipeline are stacked in a field near Ripley, Okla. (AP)

Congolese Foreign Minister Jean-Claude Gakosso told Sputnik on Tuesday that the government of the RDC is finalizing the last stages to sign an agreement with Russia over the construction of a pipeline for the transportation of oil products.

The partner in question is Russia's ZNGS-Prometey company.

"The Republic of the Congo is currently working on signing an intergovernmental agreement to pave the way for a convention on the construction and concession of the pipeline," Gakosso said.

Concerning the agreement, "it is about the last step before the work starts," he added.

The minister also spoke of the studies that were conducted last year within the framework of expanding bilateral cooperation in other fields.

He further made mention of the agreement between Russia’s oil company Lukoil and the Congolese oil company SNPC in March 2022.

"It should be noted that Russia considered the option of partial write-off of Congo's debts - up to 70%, the rest could be used to finance development projects under general agreements," Gakosso said when asked about the benefits of cooperation with Russia in energy and mining projects.

Related News

DRC, M23 agree to truce in eastern Congo, work toward ceasefire

At least 143 dead in DR Congo boat fire on Congo River

The project proposal was first brought up in September 2022 during the sixth Russia-Congo Intergovernmental Trade and Economic Commission. Both sides saw it necessary to sign an agreement on the initiative. 

In March 2023, Russian Ambassador to the Republic of Congo Georgy Chepik announced that Russia’s ZNGS-Prometey company would be willing to partake in the project.

Read more: Russia says committed to 'Africa's food, energy security'

Russia has recently concluded a summit in St. Petersburg which was attended by 49 delegations from different African states. 

Russian President Vladimir Putin announced during the Russia-Africa summit that his country will provide approximately $90 million in debt relief to African nations.

"Russia is taking part in debt relief efforts for African countries. At the moment, we have written off a total of $23 billion in debt. On recent requests of African countries, we will allocate over $90 million more for these development purposes," Putin said at the Russia-Africa summit.

This is part of Russia's ongoing efforts to support the development of African countries, and it comes in addition to the $23 billion debt that has already been written off. The summit, held in St. Petersburg from July 27-28, is aimed at strengthening ties between Russia and African nations.

Read more: South Africa thanks Russia for grain supplies decisions

  • Democratic Republic of Congo
  • Russia

Most Read

YAF say struck 'Israel's' Ben-Gurion Airport with missiles, drones

YAF say struck 'Israel's' Ben Gurion Airport with missiles, drones

  • MENA
  • 18 May 2025
Israeli media: Yemen may push 'Israel' towards ceasefire in Gaza

Israeli media: Yemen may push 'Israel' towards ceasefire in Gaza

  • MENA
  • 17 May 2025
Rachel Accurso criticized for speaking out on Gaza children crisis

Ms. Rachel accused of antisemitism for speaking out for Gaza children

  • Politics
  • 20 May 2025
Martyrs, injuries in violent Israeli bombardment of southern Gaza

Israeli operation fails; IOF launch violent strikes on Gaza

  • Politics
  • 19 May 2025

Coverage

All
Gaza prevails against genocide

Read Next

All
Gulf investments quietly boosted Elon Musk and family fortunes
US & Canada

Gulf investments quietly boosted Elon Musk and family fortunes

A 3D render of China's planned 'drone mothership' Credit: X/@XH_Lee23
US & Canada

China unveils drone mothership capable of swarm attacks

Relatives of Venezuelan migrants deported by the US to a Salvadoran prison protested outside the UN building in Caracas on April 9, 2025 (AP)
US & Canada

At least 50 migrants deported to El Salvador prison entered US legally

A city bus goes by the historic city of Santiago, Spain during a major power outage across Spain and Portugal on April, 28, 2025. (AP Photo/Mic Smith)
Europe

Spain hit by major phone network outage weeks after nation blackout

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS