The figures for 2013 were published showing how Société Nationale des Pétroles du Congo (SNPC), Congo’s state-owned enterprise (SOE), collected and sold its oil. Specifically, the reports show the amount of oil SNPC receives from operators extracting oil in the country, in accordance with production-sharing agreements. The prices at which the oil is then sold by SNPC and the amount of revenue transferred to the state treasury are included in quarterly reports.
These reports contribute to meeting the requirements of the EITI Standard on SOE reporting.
Find out more on these reports here.