The Government of China provides policy and sector strategy support to improve legal framework of oil and petroleum sector in the Central African Republic

Funder	Unspecified Chinese Government Institution
Recipient Organization	Government of the Central African Republic
Country	Central African Republic
Start Date	Jan 01, 2018
End Date	Oct 21, 2029
Duration	4,311 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`93051`

Grant Description

The Chinese government provided the Central Africa Republic with documents and assistance in developing the legal framework of the oil and petroleum sector.

After acknowledging the impact of oil growth in a country and its ability to help with development, China wants to assist the legal, policy, and sector strategy of the CAR when it comes to harvesting petroleum.

China specifically in the Development and validation of the National Upstream Petroleum Policy Statement (July 2018) that they will develop and validate the strategy document for the development of the mining and petroleum sectors, proofread the standard production sharing contract, and review the ordinance No. 93.007 of May 25, 1993 on the Central African Petroleum Code.

📚 Sources & References

AMÉLIORATION DU CADRE JURIDIQUE ET RÉGLEMENTAIRE Loan applications and disbursements are still being received and processed as the projects continue to evolve. Ongoing monitoring and evaluation are in place to ensure project continuity.