In-kind flows and sale of state’s share of production Oil and Mining

In-kind flows and sale of state’s share of production Oil and Mining

There are no in-kind flows and sale of the state’s share of oil and mining in 2016 reported.

Through NV1, state owned entity, the Republic of Suriname gains a 30% participating interest in the Saramacca project based on the Letter of Agreement (LOA) dated August 30, 2016, as amended on December 12, 2016 (1st Amendment LOA), and as further amended December 8, 2017 (2nd Amendment LOA) regarding the Saramacca-deal (See 5.2. reconciliation Mining industry, table 5.1, 5.2 and 5.4 as well as the disclosure of the timing differences RGM).

2019-12-20T11:20:05-03:00Friday 20 December 2019|EITI Suriname Report 2016|