The Société Nationale des Pétroles du Congo (SNPC) is pleased to announce the official signing of a cooperation agreement with the Republic of Kazakhstan in the hydrocarbon sector.
This agreement, established between SNPC and KazMunayGas, is the result of a visit by the SNPC delegation to Kazakhstan last June. It marks a significant step in strengthening bilateral relations between the two nations.
Key Figures in the Agreement
The agreement was signed today by the Director General of SNPC, Mr. Maixent Raoul Ominga, and the Chairman of the Board of KazMunayGas, Mr. Ashat Khassenov.
The signing took place in the presence of senior representatives from both governments, highlighting the importance of this cooperation.
Main Areas of Cooperation
Both parties commit to sharing information, documentation, and expertise in the field of hydrocarbon exploration and promotion. This exchange is intended to foster mutual growth and development in the industry.
Training and Participation in Events
The agreement encourages the training of personnel and participation in international, regional, and national events. These initiatives aim to enhance skills in hydrocarbon exploration and promotion.
Conducting Joint Studies
The parties will jointly undertake studies in the areas of exploration, promotion, and production of hydrocarbons. This collaborative approach is expected to yield significant insights and advancements in the field.
Cooperation Opportunities in Services
The agreement includes the exploration of cooperation opportunities in services related to the hydrocarbon sector. This encompasses refining, supply logistics, storage, and transportation, aiming to optimize these critical areas.
Establishment of a Joint Monitoring Committee
To ensure the effective implementation of the agreement and the achievement of its objectives, a Joint Monitoring Committee will be established. This committee will meet alternately in Congo and Kazakhstan, or any other agreed location.
Provisional and Official Implementation
The cooperation agreement enters into provisional effect upon signature and will be officially implemented after diplomatic notification of the completion of the required internal procedures in both countries. Initially concluded for a three-year period, the agreement is renewable by tacit agreement.
Statements from Key Officials
Maixent Raoul Ominga, Director General of SNPC, expressed his enthusiasm: “The SNPC welcomes the opportunities this agreement offers to strengthen technical and operational capacities in the hydrocarbon sector and to develop strategic partnerships beneficial for our two countries. This agreement is part of a dynamic of sustainability, continuous improvement, and mastery of the efficiency of SNPC’s action through initiatives aligned with the Government’s policy.”
Conclusion
This cooperation agreement between SNPC and KazMunayGas represents a significant milestone in the hydrocarbon sector for both Congo and Kazakhstan. It promises to enhance technical expertise, operational capabilities, and strategic partnerships, contributing to the long-term growth and success of the industry in both nations.