{"id":5712,"date":"2024-06-04T01:52:50","date_gmt":"2024-06-04T01:52:50","guid":{"rendered":"https:\/\/ornoirafrica.com\/?p=5712"},"modified":"2024-06-04T01:52:50","modified_gmt":"2024-06-04T01:52:50","slug":"cote-divoire-the-petroleum-and-gas-will-be-the-second-levier-of-sustainable-growth","status":"publish","type":"post","link":"https:\/\/ornoir.africa\/en\/cote-divoire-the-petroleum-and-gas-will-be-the-second-levier-of-sustainable-growth\/","title":{"rendered":"C\u00f4te d'Ivoire: Oil and gas will be the second lever for sustainable growth"},"content":{"rendered":"<p class=\"subheadline-container\">C\u00f4te d'Ivoire's Prime Minister, Robert Beugr\u00e9 Mamb\u00e9, has declared that the oil and gas sector could be the second lever for sustained and sustainable growth in C\u00f4te d'Ivoire, after agriculture, which accounts for 22% of GDP.<\/p>\n<p class=\"default__StyledText-sc-10mj2vp-0 jRUzBc body-paragraph\">The oil and gas sector will be the second lever for sustained and sustainable growth in C\u00f4te d'Ivoire\", he declared during his speech at the ceremony to launch the local content platform for oil and gas activities.<\/p>\n<p class=\"default__StyledText-sc-10mj2vp-0 jRUzBc body-paragraph\">Local content is a set of legal and regulatory requirements designed to encourage oil and gas companies operating in C\u00f4te d'Ivoire to incorporate local content into their production processes, in terms of staff recruitment, the use of contractors and suppliers of goods, and technology transfer.<\/p>\n<p class=\"default__StyledText-sc-10mj2vp-0 jRUzBc body-paragraph\">He called on oil and gas companies and their partners to make a firm commitment to local content.<\/p>\n<p class=\"default__StyledText-sc-10mj2vp-0 jRUzBc body-paragraph\">Several oil and gas fields, such as the Baleine and Calao fields, have recently been discovered in C\u00f4te d'Ivoire.<\/p>\n<p class=\"default__StyledText-sc-10mj2vp-0 jRUzBc body-paragraph\">\"We can now say that the conditions are in place to enable the State and Ivorians to reap the full benefits of oil and gas activities on our territory,\" said the head of government.<\/p>\n<div class=\"article-body-credits-container\">\n<h2>The oil and gas sector, a major lever for economic and social development<\/h2>\n<p>In his governance program, he continued, the oil and gas sector was identified as a major lever for economic and social development in the newly awakened C\u00f4te d'Ivoire. Since 2011, the sustained efforts of all players in the sector and the State have been deployed in synergy to promote oil and gas exploration and production, as well as the development of major deposits in the infrastructure needed to distribute oil and gas products throughout the country.<\/p>\n<p>Well before the Prime Minister, the Minister of Mines, Petroleum and Energy, Mamadou Sangafowa-Coulibaly, clarified what is meant by local content in oil and gas activities in C\u00f4te d'Ivoire, before saying how local content in these activities can impact C\u00f4te d'Ivoire.<\/p>\n<p>He pointed out that local content in oil and gas activities covers the entire value chain of the oil and gas industry: exploration, development and production of deposits, sea or land transport, refining, storage, distribution of petroleum products, etc. He went on to say that local content in oil and gas activities covers the entire value chain of the oil and gas industry: exploration, development and production of deposits, sea or land transport, refining, storage, distribution of petroleum products, etc.<\/p>\n<p>The concerns that arise are as follows: What market shares are allocated to service providers owned by Ivorian entrepreneurs? How much money is allocated to goods and services produced in C\u00f4te d'Ivoire? And how many Ivorian workers are employed in oil and gas activities?<\/p>\n<h2>Local content<\/h2>\n<p>Local content aims to provide satisfactory answers to these questions. It organizes the implementation of oil and gas activities in C\u00f4te d'Ivoire so that they benefit Ivorians in terms of an outlet for goods and services offered by Ivorians and a source of income or added value for Ivorian workers and entrepreneurs.<\/p>\n<p>In Africa, local content has been in use for many years in countries such as Senegal, Ghana, Nigeria, Liberia, Sierra Leone, Congo and Angola.<\/p>\n<p>According to Sangafowa-Coulibaly, with local content, oil and gas activities are expected to bring Ivorians: More jobs; better positioning of nationals in company organization charts; more market share for Ivorian companies; skills enhancement for Ivorian workers through training courses aimed at them; capacity building for Ivorian training institutes through partnership agreements from which they will benefit; capacity building for Ivorian companies through contracts and partnership agreements from which they will benefit.<\/p>\n<div class=\"related_link_container\">\n<p>In particular, the digital platform will enable all approval application and renewal procedures to be dematerialized, calls for applications and tenders to be published, and the implementation of the State's Local Content policy in oil and gas activities in C\u00f4te d'Ivoire to be monitored and evaluated.<\/p>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Le Premier ministre ivoirien, Robert Beugr\u00e9 Mamb\u00e9, a d\u00e9clar\u00e9 que le secteur p\u00e9trolier et gazier pourrait constituer le second levier d\u2019une croissance soutenue et durable de la C\u00f4te&hellip;<\/p>","protected":false},"author":1,"featured_media":5714,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"content-type":"","_lmt_disableupdate":"","_lmt_disable":"","page_builder":"","footnotes":""},"categories":[5,677,676],"tags":[589,39],"class_list":["post-5712","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-actualite","category-gaz","category-petrole","tag-contenu-local","tag-cote-divoire"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - 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