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RJN - Russia-Ukraine Conflict: Possible Impact On Upstream Activities In Africa
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As of early 2022, four Russian oil companies were present in different onshore and offshore locations in several African markets.
Overall, Russian players tend to act as operators in North Africa (Libya, Algeria, Tunisia), while they mainly act as partners in Sub-Saharan Africa (Ghana, Nigeria, Cameroon, Congo and Mozambique).
As of early 2022, the Gulf of Guinea appears to be the most sensitive sub-region of Africa, should the Russia-Ukraine conflict draw out too long.