Kinshasa, August 16th, 2026 (CPA). – Losses and shortfalls (PMAG) totalling USD 146 million incurred by oil companies operating across all supply zones in the Democratic Republic of the Congo have been certified on Saturday in Kinshasa for the second quarter of the 2026 financial year by the Petroleum Products Price Monitoring Committee (CSPPP), according to a press release consulted on Sunday by CPA.
“The Petroleum Products Price Monitoring Committee (CSPPP) has carried out, from Thursday, August 13th to Saturday, August 15th, 2026, the certification of losses and lost revenue (PMAG) for oil companies operating in the Democratic Republic of the Congo, for the second quarter (Q2) of the 2026 financial year,” it is read in the press release from the Ministry in charge of National Economy. According to the source, these works have covered the country’s four supply zones – namely the West, South, East and North, and have enabled the validation of the various amounts by consumption zone: US$110,427,792.32 for the West and North zones; US$5,107,737 for the Eastern zone, and US$31,188,382.63 for the Southern zone.
This amounts to a total of US$146,723,912.42 under the PMAG programme for the whole of the national country. “These results come against a particularly challenging international backdrop, marked by a sharp rise in oil prices following the crisis in the Persian Gulf,” the document has specified. Faced with this situation, the source has reported, the government has maintained a course of stability by choosing to keep prices at the pump steady, in order to protect the population’s purchasing power and limit the impact of this surge on the national economy. Whilst international prices have risen by an average of 63% for petrol, 82% for diesel and 88% for Jet A1/kerosene, the mechanisms put in place by the government have made it possible to absorb a significant portion of this external shock.
The certification works have brought together the representatives from the main companies and organisations involved in the petroleum products supply chain, notably Engen, Cobil SA, Lerexcom, SEP Congo, TotalEnergies, GPDPP, SPSA Cobil and SOCIR. The representatives from the Federation of Enterprises of Congo (FEC), the General Direction of Customs and Excise (DGDA), the Office of the President of the Republic, the Prime Minister’s Office, the Ministry in charge of Hydrocarbons, the Ministry in charge of the Portfolio, and other relevant institutions have also taken part in these proceedings. CPA/