Scheduled from Tuesday 22 to Thursday 31 October 2019 in the economic capital of the Republic of Congo, this training is based on new functionalities such as Production sharing, insertion of oil costs, Surface fee and Web mail (communication element with focal points within oil companies), Trade Agreeements, Special Agreements, etc. 

 The training in the 2nd module assures the State to oil companies that the production sharing calculation rules are well implemented in the model and that they reflect the terms of the Production Sharing Agreements (PSA) applicable.

The oil companies taking part in the training are: Tep-Congo, Eni-Congo, Congorep, Perenco-Congo, AOGC, AAOGC, SNPC, Wing-Wha, Chevron and SNPC.

The State was represented by the Ministry of Finance and Budget through the Department of Natural Resources (DNR), Department of Information Systems and Directorate General of the Treasury, as well as the Ministry of Hydrocarbons, through the Directorate General of Hydrocarbons.

This application www.syspace.finances.gouv.cg is designed by Congolese engineers.

“You will be trained to complete the SYSPACE tool, so that it become comprehensive, in terms of reliable statistics, in the oil field”, Guy Noël Londongo, director of Information Systems said.

As a reminder, SYSPACE is part of reforms initiated by Calixte Nganongo, Minister of Finance and Budget, in the context of securing State revenue. This Web-based platform allows companies in the natural resource sectors (wood, mining and oil) to record their periodic reports online. The official launch of its production took place on 4 February 2019 in Brazzaville, in the presence of his colleague Jean Marc Thystère Tchicaya, in charge of Hydrocarbons.

The Press office of the Ministry of Finance