Mauritania, Senegal, Mali

Total Page:16

File Type:pdf, Size:1020Kb

Mauritania, Senegal, Mali Document of The World Bank Group FOR OFFICIAL USE ONLY Public Disclosure Authorized Report No: 83025 - MR PROJECT APPRAISAL DOCUMENT ON A PROPOSED IDA PARTIAL RISK GUARANTEE IN THE AMOUNT UP TO US$ 130 MILLION IN SUPPORT OF THE ISLAMIC REPUBLIC OF MAURITANIA A PROPOSED IDA PARTIAL RISK GUARANTEE Public Disclosure Authorized IN THE AMOUNT UP TO US$ 99 MILLION IN SUPPORT OF THE REPUBLIC OF SENEGAL A PROPOSED IDA PARTIAL RISK GUARANTEE IN THE AMOUNT UP TO US$ 32 MILLION IN SUPPORT OF THE REPUBLIC OF MALI AND A PROPOSED MIGA GUARANTEE IN THE AMOUNT OF US$ 585 MILLION IN THE ISLAMIC REPUBLIC OF MAURITANIA COVERING INVESTMENTS BY TULLOW PETROLEUM Public Disclosure Authorized (MAURITANIA) PTY LTD, TULLOW OIL (MAURITANIA) LTD, MAURITANIA HOLDINGS B.V., PC MAURITANIA 1 PTY LTD, PC MAURITANIA II B.V., PREMIER OIL EXPLORATION (MAURITANIA) LTD, AND FP MAURITANIA A B.V. FOR THE BANDA GAS TO POWER PROJECT May 9, 2014 Public Disclosure Authorized This document has a restricted distribution and may be used by recipients only in the performance of their official duties. Its contents may not otherwise be disclosed without World Bank authorization. CURRENCY EQUIVALENTS (Exchange Rate Effective April 30, 2014) Currency Unit = Mauritania Ouguiya & Francs CFA 1 USD = 295 UMA 1 USD = 473 FCFA FISCAL YEAR January 1 – December 31 ABBREVIATIONS AND ACRONYMS AFD Agence Française de Développement (French Agency for Development) AfDB African Development Bank AFESD Arab Fund for Economic and Social Development ARE Autorité de Régulation (Regulation Authority in Mauritania) bpd barrels per day Btu British thermal units BBtu Billion British thermal units BoC Breach of Contract CAPEX Capital Expenditures CCGT Combined cycle gas turbines CPS Country Partnership Strategy CREE Commission de Régulation de l’Electricité et de l’Eau (Regulatory Commission for Electricity and Water in Mali) CRSE Commission de Régulation du Secteur de l’Electricité (Electricity Regulatory Commission in Senegal) EDM Energie du Mali (Power Utility of Mali) EEM Eskom Energy Manantali EHS Environment, Health and Safety Plans EIB European Investment Bank EIRR Economic Internal Rate of Return EITI Extractive Industries Transparency Initiative EMP Environmental Management Plans EPC Engineering Procurement and Construction ESIA Environmental and Social Impact Assessment ESMP Environmental and Social Management Plan ESRS Environmental and Social Review Summary FCFA Francs Communauté Financière Africaine (West African Currency) FDI Foreign Direct Investment FID Final Investment Decision GDP Gross Domestic Product GHG Greenhouse Gas GoML Government of Mali GoMR Government of Mauritania GoSN Government of Senegal GSA Gas Sales Agreement GWh Gigawatt hour HFO Heavy Fuel Oil HV High Voltage ICSID International Center for the Settlement of Investment Disputes IDA International Development Association IFC International Finance Corporation IMF International Monetary Fund IPP Independent Power Producer IRR Internal Rate of Return IsDB Islamic Development Bank JV Joint Venture kWh Kilowatt hour L/C Letter of credit LNG Liquefied Natural Gas LoS Letter of Support M Millions mmBtu Million British thermal units mmscf Million standard cubic feet mmscfd Million standard cubic feet per day MIGA Multilateral Investment Guarantee Agency MW Megawatt NPV Net Present Value O&M Operation & Maintenance OMVS Organisation pour la Mise en Valeur du Fleuve Sénégal (Senegal River Basin Organization) O.P. Operational Policy OPEX Operational expenditures ORAF Operational Risk Assessment Framework PAD Project Appraisal Document PDO Project Development Objective PPA Power Purchase Agreement PPIAF Public Private Infrastructure Advisory Facility PRG Partial Risk Guarantee PRI Political Risk Insurance PSC Production Sharing Contract RFP Request For Proposals RPF Resettlement Policy Framework SMH Société Mauritanienne des Hydrocarbures (Mauritanian Utility for Hydrocarbons) SNDE Société Nationale des Eaux (National Water Utility in Mauritania) SNIM Société Nationale Industrielle et Minière (National Company of Industries and Mines in Mauritania) SPEG Société de Production d’Electricité à partir du Gaz (Gas-Fired Electricity Production Company in Mauritania) SENELEC Société Nationale d’Electricité du Sénégal (National Power Utility in Senegal) SOGEM Société de Gestion de l’Energie de Manantali (Manantali Energy Management Company) SOMELEC Société Mauritanienne d’Electricité (National Power Utility in Mauritania) TOP Take or Pay Tullow Tullow Petroleum (Mauritania) Pty Ltd., a private company incorporated under the laws of Australia UMA Mauritanian Ouguiya (Mauritanian currency) US¢ US cents US$ United States dollars WB World Bank WBG World Bank Group WTP Willingness to pay World Bank (IDA) Vice President: Makhtar Diop Country Directors: Vera Songwe / Paul Noumba Um Sector Director Jamal Saghir Sector Manager: Meike van Ginneken Guarantee Manager: Pankaj Gupta Task Team Leader: Moez Cherif Guarantee Team Leaders: Katherine Baragona/Patrice Caporossi MIGA Vice President: Michel Wormser General Counsel: Ana-Mita Betancourt Director of Operations: Edith Quintrell Sector Manager: Antonio Barbalho Task Team Leader: Abir Burgul ISLAMIC REPUBLIC OF MAURITANIA / REPUBLIC OF SENEGAL / REPUBLIC OF MALI Banda Gas to Power Project CONTENTS Page I. STRATEGIC CONTEXT AND RATIONALE ............................................... 11 A. Country issues ................................................................................................................... 11 B. Sectoral and institutional context ...................................................................................... 12 C. Higher level objectives to which the Project contributes .................................................. 19 II. PROJECT DEVELOPMENT OBJECTIVES ................................................. 21 A. PDO................................................................................................................................... 21 B. Project Beneficiaries ......................................................................................................... 21 C. PDO Level Results Indicators ........................................................................................... 22 III. PROJECT DESCRIPTION ............................................................................... 22 A. The Banda Gas-To-Power Project .................................................................................... 22 B. The Banda Gas-to-Power Project Financing Plan ............................................................ 25 C. Project Contractual Structure ............................................................................................ 26 D. Proposed WBG instruments – IDA and MIGA Guarantees ............................................. 26 E. Lessons learned and reflected in the Project design ......................................................... 33 IV. IMPLEMENTATION ........................................................................................ 34 A. Institutional and implementation arrangements ................................................................ 34 B. Monitoring and evaluation of outcomes/results ................................................................ 35 C. Sustainability..................................................................................................................... 35 V. KEY RISKS AND MITIGATION MEASURES ............................................. 35 A. Risk Ratings Summary ..................................................................................................... 35 B. Overall Risk Rating Explanation ...................................................................................... 36 VI. APPRAISAL SUMMARY ................................................................................. 38 A. Economic and financial analyses ...................................................................................... 38 B. Technical ........................................................................................................................... 40 C. Financial Management ...................................................................................................... 41 D. Procurement ...................................................................................................................... 42 v E. Environmental and Social Safeguards .............................................................................. 43 Annex 1: Results Framework and Monitoring ........................................................................ 47 Annex 2: Detailed Project Description ...................................................................................... 49 Annex 3: Operational Risk Assessment Framework (ORAF) ................................................ 58 Annex 4: Economic and Financial Analysis ............................................................................. 61 Annex 5: Statement of MIGA's Exposure ................................................................................ 72 Annex 6: Proposed IDA Guarantees ......................................................................................... 74 Annex 7: Implementation Support Plan ................................................................................... 84 Annex 8: WBG Team Composition ........................................................................................... 85 Annex 9: Map .............................................................................................................................
Recommended publications
  • Code List 11 Invoice Currency
    Code list 11 Invoice currency Alphabetical order Code Code Alfa Alfa Country / region Country / region A BTN Bhutan ngultrum BOB Bolivian boliviano AFN Afghan new afghani BAM Bosnian mark ALL Albanian lek BWP Botswanan pula DZD Algerian dinar BRL Brazilian real USD American dollar BND Bruneian dollar AOA Angolan kwanza BGN Bulgarian lev ARS Argentinian peso BIF Burundi franc AMD Armenian dram AWG Aruban guilder AUD Australian dollar C AZN Azerbaijani new manat KHR Cambodian riel CAD Canadian dollar B CVE Cape Verdean KYD Caymanian dollar BSD Bahamian dollar XAF CFA franc of Central-African countries BHD Bahraini dinar XOF CFA franc of West-African countries BBD Barbadian dollar XPF CFP franc of Oceania BZD Belizian dollar CLP Chilean peso BYR Belorussian rouble CNY Chinese yuan renminbi BDT Bengali taka COP Colombian peso BMD Bermuda dollar KMF Comoran franc Code Code Alfa Alfa Country / region Country / region CDF Congolian franc CRC Costa Rican colon FKP Falkland Islands pound HRK Croatian kuna FJD Fijian dollar CUC Cuban peso CZK Czech crown G D GMD Gambian dalasi GEL Georgian lari DKK Danish crown GHS Ghanaian cedi DJF Djiboutian franc GIP Gibraltar pound DOP Dominican peso GTQ Guatemalan quetzal GNF Guinean franc GYD Guyanese dollar E XCD East-Caribbean dollar H EGP Egyptian pound GBP English pound HTG Haitian gourde ERN Eritrean nafka HNL Honduran lempira ETB Ethiopian birr HKD Hong Kong dollar EUR Euro HUF Hungarian forint F I Code Code Alfa Alfa Country / region Country / region ISK Icelandic crown LAK Laotian kip INR Indian rupiah
    [Show full text]
  • To Arrive at the Total Scores, Each Company Is Marked out of 10 Across
    BRITAIN’S MOST ADMIRED COMPANIES THE RESULTS 17th last year as it continues to do well in the growing LNG business, especially in Australia and Brazil. Veteran chief executive Frank Chapman is due to step down in the new year, and in October a row about overstated reserves hit the share price. Some pundits To arrive at the total scores, each company is reckon BG could become a take over target as a result. The biggest climber in the top 10 this year is marked out of 10 across nine criteria, such as quality Petrofac, up to fifth from 68th last year. The oilfield of management, value as a long-term investment, services group may not be as well known as some, but it is doing great business all the same. Its boss, Syrian- financial soundness and capacity to innovate. Here born Ayman Asfari, is one of the growing band of are the top 10 firms by these individual measures wealthy foreign entrepreneurs who choose to make London their operating base and home, to the benefit of both the Exchequer and the employment figures. In fourth place is Rolls-Royce, one of BMAC’s most Financial value as a long-term community and environmental soundness investment responsibility consistent high performers. Hardly a year goes past that it does not feature in the upper reaches of our table, 1= Rightmove 9.00 1 Diageo 8.61 1 Co-operative Bank 8.00 and it has topped its sector – aero and defence engi- 1= Rotork 9.00 2 Berkeley Group 8.40 2 BASF (UK & Ireland) 7.61 neering – for a decade.
    [Show full text]
  • 08 Canadian Dollar 90.7 95.9 Central African Rep
    Price indices Indices des prix 8 Retail price indices relating to living expenditures of United Nations officials New York City = 100, index date = April 2021 Indices des prix de détail relatif aux dépenses de la vie courante des fonctionnaires de l'ONU New York = 100, date d'indice = avril 2021 National currency per US $ Index - Indice Monnaie nationale du $ E.U. Excluding Country or area - Pays ou zone housing 2 Duty Station Per US $ 1 Currency Non compris Villes-postes Cours du $ E-U 1 Monnaie Total l'habitation 2 Afghanistan Kabul 78.070 Afghani 86.3 93.1 Albania - Albanie Tirana 98.480 Lek 77.6 82.5 Algeria - Algérie Algiers 132.977 Algerian dinar 80.0 85.0 Angola Luanda 643.121 Kwanza 83.6 92.7 Argentina - Argentine Buenos Aires 94.517 Argentine peso 81.4 84.2 Armenia - Arménie Yerevan 518.300 Dram 75.0 80.3 Australia - Australie Sydney 1.291 Australian dollar 82.5 87.9 Austria - Autriche Vienna 0.820 Euro 90.6 99.5 Azerbaijan - Azerbaïdjan Baku 1.695 Azerbaijan manat 80.6 87.4 Bahamas Nassau 1.000 Bahamian dollar 99.5 95.8 Bahrain - Bahreïn Manama 0.377 Bahraini dinar 83.0 85.8 Bangladesh Dhaka 84.735 Taka 81.4 88.9 Barbados - Barbade Bridgetown 2.000 Barbados dollar 89.8 95.2 Belarus - Bélarus Minsk 2.524 New Belarusian ruble 84.9 90.7 Belgium - Belgique Brussels 0.820 Euro 84.0 92.3 Belize Belmopan 2.000 Belize dollar 75.7 80.0 Benin - Bénin Cotonou 537.714 CFA franc 83.4 92.0 Bhutan - Bhoutan Thimpu 72.580 Ngultrum 77.0 83.5 Bolivia (Plurinational State of) - Bolivie (État plurinational de) La Paz 6.848 Boliviano 73.4 80.5 Bosnia
    [Show full text]
  • African Development Bank Group Project : Mauritania
    Language: English Original: French AFRICAN DEVELOPMENT BANK GROUP PROJECT : MAURITANIA – AGRICULTURAL TRANSFORMATION SUPPORT PROJECT (PATAM) COUNTRY : ISLAMIC REPUBLIC OF MAURITANIA PROJECT APPRAISAL REPORT Main Report Date: November 2018 Team Leader: Rafâa MAROUKI, Chief Agro-economist, RDGN.2 Team Members: Driss KHIATI, Agricultural Sector Specialist, COMA Beya BCHIR, Environmentalist, RDGN.3 Sarra ACHEK, Financial Management Specialist, SNFI.2 Saida BENCHOUK, Procurement Specialist, SNFI.1-CODZ Elsa LE GROUMELLEC, Principal Legal Officer, PGCL.1 Amel HAMZA, Gender Specialist, RDGN.3 Ibrahima DIALLO, Disbursements Expert, FIFC.3 Project Selima GHARBI, Disbursements Officer, RDGN/FIFC.3 Team Hamadi LAM, Agronomist (Consultant), AHAI Director General: Mohamed EL AZIZI, RDGN Deputy Director General: Ms Yacine FAL, RDGN Sector Director: Martin FREGENE, AHAI Division Manager: Vincent CASTEL, RDGN.2 Division Manager: Edward MABAYA, AHAI.1 Khaled LAAJILI, Principal Agricultural Economist, RDGC; Aminata SOW, Rural Peer Engineering Specialist, RDGW.2; Laouali GARBA, Chief Climate Change Specialist, Review: AHAI.2; Osama BEN ABDELKARIM, Socio-economist, RDGN.2. TABLE OF CONTENTS Equivalents, Fiscal Year, Weights and Measures, Acronyms and Abbreviations, Project Information Sheet, Executive Summary, Project Matrix ……….…………………...………..……... i - v I – Strategic Thrust and Rationale ....................................................................................................................... 1 1.1. Project Linkage with Country Strategy and
    [Show full text]
  • Africa's Leading Independent Oil Company
    TULLOW OIL PLC PLC OIL TULLOW 2017 ANNUAL REPORT & ACCOUNTS & REPORT ANNUAL 2017 TULLOW OIL PLC 2017 ANNUAL REPORT & ACCOUNTS AFRICA’S LEADING INDEPENDENT OIL COMPANY www.tullowoil.com D AFRICA’S LEADING INDEPENDENT OIL COMPANY Tullow Oil is a leading independent oil and gas exploration and production company. Our focus is on finding and monetising oil in Africa and South America. Our key activities include targeted Exploration and Appraisal, selective development projects and growing our high-margin production. We have a prudent financial strategy with diverse sources of funding. Our portfolio of 90 licences spans 16 countries and is organised into three Business Delivery Teams. We are headquartered in London and our shares are listed on the London, Irish and Ghana Stock Exchanges. 1 2 3 STRATEGIC REPORT CORPORATE GOVERNANCE FINANCIAL STATEMENTS Our Group highlights 1 Directors’ report 56 Statement of Directors’ responsibilities 108 Our operations 4 Audit Committee report 67 Independent auditor’s report for the Chairman’s foreword 6 Nominations Committee report 73 Group Financial Statements 109 Chief Executive Officer’s foreword 8 EHS Committee report 76 Group Financial Statements 117 Chief Financial Officer’s foreword 10 Remuneration report 78 Company Financial Statements 153 Executive Team overview 12 Other statutory information 101 Five-year financial summary 162 Market outlook 14 Supplementary information Our strategy 16 Shareholder information 163 Our business model 18 Licence interests 164 Key performance indicators 20 Commercial reserves and resources 168 Creating value 24 Transparency disclosure 169 Operations review 26 Sustainability data 176 Finance review 31 Tullow Oil plc subsidiaries 179 Responsible Operations 36 Glossary 181 Governance & Risk management 38 Board of Directors 40 Principal Risks 42 Organisation & Culture 50 Shared Prosperity 52 You can find this report and additional information about Tullow Oil on our website: www.tullowoil.com Cover: TEN FPSO, Prof.
    [Show full text]
  • Le Guide Africain Des Marchés Ą Revenu Fixe
    88 – Mauritania Mauritania 2006 At a Glance Population (mn) 3.2 Population Growth (annual %) 2.9 Pico de� a Gran Canaria ued D râ Gomera Teide� O 3715 m Official Language (s) Arabic Hierro Cap Juby 1949 m Las Palmas de � MAROC MAURITANIE Gran Canaria D E HT A I M N A D D O A � ARCHIPEL DES CANARIES Espagne Tindouf El Aaiún alH am ra UF Currency Ouguiya (MRO) A s Saqu ia t t a h K I l ALGERIE a T d T e O C E A N � u E O Y GDP (Current US$ bn) 2.8 T I 701 m G U ATLANTIQUE R E U S O M M M A K E T S A H A R A � Z N GDP Growth (annual %) 13.9 A H OCCIDENTAL H S L C E E R H Golfe� I E C ¡AMÂDA� de Cintra F T G U KÂGHE– R EL ¡ARICHA O E GDP Per Capita (US$) TT 877 U O Cap Barbas S Fdérik R 518 m Kediet� A R ej Jill� D 915 m E L H A M M Â M I A FDI, net inflows (US$ mn) (2005) 115 MAQ–EÏR Nouâdhibou Guelb� Râs Nouâdhibou er Rîchât� 485 m Râs Agâdîr AZEFFÂLAtâr External Debt (US$ mn) 1,429 OUARÂNE IJÂFENE AKCHÂR Akjoujt Râs Timirist SAHARA External Debt/GDP (%) 51.6 E L M R E Tidjikja Y Nouakchott Y A O U K É Â R CPI Inflation (annual %) 6.4 TRÂRZA Boûmdeïd TAGÂNT Aleg Tamchaket A Rosso Sénég B al 'Ayoûn� Â Kiffa ¡ÔØ IRÎGUI Ç el 'Atroûs Néma A Exports of goods and services (% of GDP) 54.9 Saint Louis Kaédi ' Mbout L Timbedgha Louga E AFOLLÉ Kankossa N iger Ferlo Sélibaby Thiès Gross Official Reserves (US$ bn) - Cap Vert Dakar MALI Diourbel KAARTA Fatick SENEGAL Kayes Mopti Gross Official Reserves (in months of imports) - GEOATLAS - Copyright1998 Graphi-Ogre UNDP HDI RANKing 153 0 km 100 200 300 400 km Source: AfDB, IMF, UNCTAD, UNDP, UN Population Division 1.
    [Show full text]
  • View Currency List
    Currency List business.westernunion.com.au CURRENCY TT OUTGOING DRAFT OUTGOING FOREIGN CHEQUE INCOMING TT INCOMING CURRENCY TT OUTGOING DRAFT OUTGOING FOREIGN CHEQUE INCOMING TT INCOMING CURRENCY TT OUTGOING DRAFT OUTGOING FOREIGN CHEQUE INCOMING TT INCOMING Africa Asia continued Middle East Algerian Dinar – DZD Laos Kip – LAK Bahrain Dinar – BHD Angola Kwanza – AOA Macau Pataca – MOP Israeli Shekel – ILS Botswana Pula – BWP Malaysian Ringgit – MYR Jordanian Dinar – JOD Burundi Franc – BIF Maldives Rufiyaa – MVR Kuwaiti Dinar – KWD Cape Verde Escudo – CVE Nepal Rupee – NPR Lebanese Pound – LBP Central African States – XOF Pakistan Rupee – PKR Omani Rial – OMR Central African States – XAF Philippine Peso – PHP Qatari Rial – QAR Comoros Franc – KMF Singapore Dollar – SGD Saudi Arabian Riyal – SAR Djibouti Franc – DJF Sri Lanka Rupee – LKR Turkish Lira – TRY Egyptian Pound – EGP Taiwanese Dollar – TWD UAE Dirham – AED Eritrea Nakfa – ERN Thai Baht – THB Yemeni Rial – YER Ethiopia Birr – ETB Uzbekistan Sum – UZS North America Gambian Dalasi – GMD Vietnamese Dong – VND Canadian Dollar – CAD Ghanian Cedi – GHS Oceania Mexican Peso – MXN Guinea Republic Franc – GNF Australian Dollar – AUD United States Dollar – USD Kenyan Shilling – KES Fiji Dollar – FJD South and Central America, The Caribbean Lesotho Malati – LSL New Zealand Dollar – NZD Argentine Peso – ARS Madagascar Ariary – MGA Papua New Guinea Kina – PGK Bahamian Dollar – BSD Malawi Kwacha – MWK Samoan Tala – WST Barbados Dollar – BBD Mauritanian Ouguiya – MRO Solomon Islands Dollar –
    [Show full text]
  • Crown Agents Bank's Currency Capabilities
    Crown Agents Bank’s Currency Capabilities September 2020 Country Currency Code Foreign Exchange RTGS ACH Mobile Payments E/M/F Majors Australia Australian Dollar AUD ✓ ✓ - - M Canada Canadian Dollar CAD ✓ ✓ - - M Denmark Danish Krone DKK ✓ ✓ - - M Europe European Euro EUR ✓ ✓ - - M Japan Japanese Yen JPY ✓ ✓ - - M New Zealand New Zealand Dollar NZD ✓ ✓ - - M Norway Norwegian Krone NOK ✓ ✓ - - M Singapore Singapore Dollar SGD ✓ ✓ - - E Sweden Swedish Krona SEK ✓ ✓ - - M Switzerland Swiss Franc CHF ✓ ✓ - - M United Kingdom British Pound GBP ✓ ✓ - - M United States United States Dollar USD ✓ ✓ - - M Africa Angola Angolan Kwanza AOA ✓* - - - F Benin West African Franc XOF ✓ ✓ ✓ - F Botswana Botswana Pula BWP ✓ ✓ ✓ - F Burkina Faso West African Franc XOF ✓ ✓ ✓ - F Cameroon Central African Franc XAF ✓ ✓ ✓ - F C.A.R. Central African Franc XAF ✓ ✓ ✓ - F Chad Central African Franc XAF ✓ ✓ ✓ - F Cote D’Ivoire West African Franc XOF ✓ ✓ ✓ ✓ F DR Congo Congolese Franc CDF ✓ - - ✓ F Congo (Republic) Central African Franc XAF ✓ ✓ ✓ - F Egypt Egyptian Pound EGP ✓ ✓ - - F Equatorial Guinea Central African Franc XAF ✓ ✓ ✓ - F Eswatini Swazi Lilangeni SZL ✓ ✓ - - F Ethiopia Ethiopian Birr ETB ✓ ✓ N/A - F 1 Country Currency Code Foreign Exchange RTGS ACH Mobile Payments E/M/F Africa Gabon Central African Franc XAF ✓ ✓ ✓ - F Gambia Gambian Dalasi GMD ✓ - - - F Ghana Ghanaian Cedi GHS ✓ ✓ - ✓ F Guinea Guinean Franc GNF ✓ - ✓ - F Guinea-Bissau West African Franc XOF ✓ ✓ - - F Kenya Kenyan Shilling KES ✓ ✓ ✓ ✓ F Lesotho Lesotho Loti LSL ✓ ✓ - - E Liberia Liberian
    [Show full text]
  • Country Codes and Currency Codes in Research Datasets Technical Report 2020-01
    Country codes and currency codes in research datasets Technical Report 2020-01 Technical Report: version 1 Deutsche Bundesbank, Research Data and Service Centre Harald Stahl Deutsche Bundesbank Research Data and Service Centre 2 Abstract We describe the country and currency codes provided in research datasets. Keywords: country, currency, iso-3166, iso-4217 Technical Report: version 1 DOI: 10.12757/BBk.CountryCodes.01.01 Citation: Stahl, H. (2020). Country codes and currency codes in research datasets: Technical Report 2020-01 – Deutsche Bundesbank, Research Data and Service Centre. 3 Contents Special cases ......................................... 4 1 Appendix: Alpha code .................................. 6 1.1 Countries sorted by code . 6 1.2 Countries sorted by description . 11 1.3 Currencies sorted by code . 17 1.4 Currencies sorted by descriptio . 23 2 Appendix: previous numeric code ............................ 30 2.1 Countries numeric by code . 30 2.2 Countries by description . 35 Deutsche Bundesbank Research Data and Service Centre 4 Special cases From 2020 on research datasets shall provide ISO-3166 two-letter code. However, there are addi- tional codes beginning with ‘X’ that are requested by the European Commission for some statistics and the breakdown of countries may vary between datasets. For bank related data it is import- ant to have separate data for Guernsey, Jersey and Isle of Man, whereas researchers of the real economy have an interest in small territories like Ceuta and Melilla that are not always covered by ISO-3166. Countries that are treated differently in different statistics are described below. These are – United Kingdom of Great Britain and Northern Ireland – France – Spain – Former Yugoslavia – Serbia United Kingdom of Great Britain and Northern Ireland.
    [Show full text]
  • Unemployment
    Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized CONTENTS Acknowledgements . .. ix Abbreviations & Acronyms . xi Executive Summary . xiii Growth and Jobs: Low Productivity, High Demand for Targeted Skills . xiii Youth-related Constraints: Women, Mobility, and Core Competencies . xv Labor Market Programs: A Better Balance between Demand and Supply . xvi Transforming the Youth Employment Trajectory: Toward an Integrated Approach .. xvii Context and Objectives . 1 Conceptual Framework . 2 Approach . 4 Profile of Jobs and Labor Demand . 7 Growth Trends . 7 Types and Quality of Jobs . 9 Labor Costs . 12 Demand for Workforce Skills . 14 Recruitment and Retention . 14 Conclusions . 16 Profile of Youth in the Labor Force . 17 Demographic and Labor Force Trends . 17 Education . 20 Gender . 21 Unemployment . 23 Job Skills and Preferences . 24 Conclusions . 28 MAURITANIA | TRANSFORMING THE JOBS TRAJECTORY FOR VULNERABLE YOUTH iii Landscape of Youth Employment Programs . 29 Mapping Key Labor Market Actors . 29 Youth Employment Expenditure . 30 Active Labor Market Programs . 33 Social Funds for Employment . 33 Vocational Training . 34 Monitoring and Evaluation of Jobs Interventions . 34 Social Protection Systems . 34 Labor Policy Dialogue . 36 Conclusions . 37 Policy Implications: Transforming the Youth Employment Trajectory . 39 Typology of Youth Employment Challenges and Constraints . 39 From Constraints to Opportunities . 40 Toward an Integrated Model for Youth Employment . 48 Conclusions: Equal Opportunity, Stronger Coalitions . 48 Technical Annex . 49 Chapter 1 . 49 Chapter 2. 52 Chapter 3 . 56 Figues, Tables, and Boxes FIGURE 1 Conceptual framework for jobs, economic transformation, and social cohesion . 3 FIGURE 2 Growth outlook for Mauritania, overall and by sector, 2013–2018 . 8 FIGURE 3 Sectoral contribution to GDP and productivity, Mauritania, 1995–2014 .
    [Show full text]
  • Tullow Oil 2019 Full Year Results Presentation
    Tullow Oil plc Tullow Oil plc | 2020 Full Year Results 10 March 2021 Disclaimer This presentation contains certain forward-looking statements that are subject to the usual risk factors and uncertainties associated with the oil and gas exploration and production business. Whilst Tullow believes the expectations reflected herein to be reasonable in light of the information available to them at this time, the actual outcome may be materially different owing to factors beyond the Group’s control or within the Group’s control where, for example, the Group decides on a change of plan or strategy. The Group undertakes no obligation to revise any such forward-looking statements to reflect any changes in the Group’s expectations or any change in circumstances, events or the Group’s plans and strategy. Accordingly no reliance may be placed on the figures contained in such forward looking statements Tullow Oil plc | 2020 Full Year Results Slide 2 2020 Full Year Results Agenda Presenters Rahul Dhir Overview Financial Chief Executive Officer Les Wood Chief Financial Officer Operations Conclusion Tullow Oil plc | 2020 Full Year Results Slide 3 OVERVIEW Tullow Oil plc | 2020 Full Year Results 2020 Full Year Results overview Operations • Production in line with guidance at 74,900 bopd • Ghana – improved operational performance underpinned by gas offtake and water injection • Non-op – diversified portfolio delivering stable and sustainable production • Kenya – licence extended and development concept under review • Exploration – focus on unlocking value
    [Show full text]
  • Tullow Oil Plc 2021 Annual General Meeting – Ceo Statement
    TULLOW OIL PLC 2021 ANNUAL GENERAL MEETING – CEO STATEMENT 16 June 2021 – Tullow Oil plc (Tullow) issues the following statement from its CEO, Rahul Dhir, ahead of its Annual General Meeting (AGM) today. Due to Covid-19 restrictions, the meeting will be held via an audio cast. Instructions for joining the audio cast can be found at the end of this statement or within the Notice of Meeting . Rahul Dhir, Chief Executive Officer, Tullow Oil plc, commented today: “Dear Shareholders, Today will be my first AGM since joining Tullow as CEO and I wanted to take the opportunity to reflect on my first year and provide an update on recent events and current operations. A year of significant change When I joined in July last year, I said that I was excited at the opportunity to lead Tullow and re-build an exceptional company. We have since taken necessary steps to transform the business and, after a year of significant change, I believe we have emerged as a new company with a fundamentally different approach. We have shifted our focus away from exploration and development and long-cycle capital commitments to a production focused company with a robust, cash generative business plan. At our Capital Markets Day in November 2020 I laid out our 10-year business plan which focuses over 90% of our capital investment in our high margin production assets in West Africa. This will generate material cashflow to self-fund high return, fast payback investment opportunities and reduce debt – even at low oil prices. The delivery of this business plan required us to address several fundamental aspects of the business and I am proud to report that we have made excellent progress on the following: Reducing our cost base: we are delivering cost savings across the business including annual G&A cash savings of $125 million.
    [Show full text]