Sahara Explains the Offshore Processing Agreement (OPA)

We are aware that, over the past few months, there has been media interest in the crude oil offshore processing agreement (OPA) entered into by Society Ivoirienne de Rafinage, Abidjan (SIR) (for whom we act as local agent) and Pipelines and Products Marketing Company (PPMC). It has become increasingly apparent to us, however, that much of this interest is driven by misconceptions circulating in the public domain about the OPA (and other contracts similar to the OPA), how the OPA is operated and its commercial rationale.

We have through the link below, elected to provide clarification on our involvement with OPA in keeping with our commitment to transparency and status as a member of the World Economic Forum’s Partnering Against Corruption Initiative (PACI).

Please, click here to view the OPA Explanation document

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