Report summary. Nigeria-São Tomé and Príncipe Joint Development Zone (JDZ) is a small area of deepwater acreage in the Gulf of Guinea. In 2002, a Joint Development Zone (JDZ) was agreed for both countries to jointly explore for hydrocarbons. Outside the JDZ, São Tomé and Príncipe operates its own exclusive economic zone …
JDZ Investments International Limited. JDZ Investment International Limited (JDZIIL) is a wholly own investment arm of Nigeria-Sao Tome and Principe Joint Development Authority (NSTPJDA), a joint government agency established under a treaty in 2002 by Nigeria and the Democratic Republic of Sao- Tome and Principe (DRSTP) with her …
It is not party to the Economic Co-operation and Development Convention on Combating Bribery of Foreign Public Officials in International Business Transactions. STP does not have a designated agency responsible for combatting corruption but in March 2022, the President promised to create an "Anti-Corruption Committee" comprised of reputable citizens, and …
São Tomé and Príncipe (STP) is making significant strides in advancing its climate-development agenda. The country has taken an inclusive and whole-of-society approach to its mitigation and adaptation actions and is working to integrate climate change into core planning and budgeting processes at national and subnational levels.
The 160 000 km 2 exclusive economic zone around São Tomé and Príncipe is an untapped solar heat battery, which OTEC platforms could harness to supply carbon-free, baseload power. An OTEC plant can generate electricity at a load factor of 95% throughout the year. ... energy storage, green hydrogen, waste-to-energy, and more. …
Find relevant information for Sao Tome and Principe on energy access (access to electricity, access to clean cooking, renewable energy and energy efficiency) on the Tracking SDG7 homepage. (Sustainable Development Goal indicators 7.1 energy access, 7.2 on renewable energy and 7.3 on energy efficiency).
The potential for tourism is high on the scenic islands, and many projects aim at improving the infrastructure to support growth in this sector. In 2019, inbound tourism expenditure reached 10 per cent over GDP.Sao Tome and Principe exports mostly to the Netherlands, Belgium and Singapore (UNCTAD, 2021).
The Joint Development Zone established in 2001 for joint exploration of the oil resources of Nigeria and São Tomé and Príncipe is based on a 60:40 ratio of benefit sharing, …
São Tomé and Príncipe. ão Tomé and PríncipeSão Tomé and Príncipe''s economy is estimated to have grown by 5.2% in 2017, up from 5.0% in 2016, boosted by services. trade and construction. The short-term outlook is positive, with GDP growth projected at 5.5% in 2018 and 5.8% in 2019, fuelled by investment in infrast.
The 160 000 km 2 exclusive economic zone around São Tomé and Príncipe is an untapped solar heat battery, which OTEC platforms could harness to …
The Government of São Tomé and Príncipe (GoSTP) has received financing from the African Development Bank (AfDB), towards the cost of the Energy Transition and Institutional Support Project (ETISP). Part of the AfDB financing will be used to fully finance the costs of the contract for Consultancy Services for the following activities:
124 Huang Wen-bo: Analysis of Nigeria-Sao Tome and Principe Joint Development and Suggestions for China oil companies like Chevron Texaco, Exxon Mobil and Esso have already established a foothold.[2]European countries represented by the United
1 Policy Recommendations 24 2 São Tomé and Príncipe: Selected Economic Indicators 28 3 STP - GDP Growth and Volatility and Contribution to Growth by Period: 1981-2018 32 4 …
The Dobra (STN) is the national currency. In July 2009, STP and Portugal signed an economic cooperation agreement to peg the Dobra to the Euro rather than a weighted basket of currencies. Based on the 2017 Monetary Law, the BCSTP introduced a new currency to modernize and strengthen the country''s financial system.
Sao Tome and Principe made significant progress towards achieving the Millennium Development Goals. Eradicating extreme poverty and hunger, however, remains one of the country''s biggest challenges. The WFP country strategic plan for Sao Tome and Principe for 2019–2024 seeks to address some of the major food security and nutrition …
Exclusive Economic Zone (EEZ) ... Kosmos Energy: 58.85%: 0.00%: Galp Energia: 0.00%: 41.18%: Oando Energy Resources: 21.32%: 37.75%: ... Block 12 has an area of 7939sq km and is located in the south east side of the island of Sao Tome, adjacent to the Gabon shelf with water depth ranging from 2000 to 3000m. The block is within the Zone B of the ...
São Tomé and Príncipe (STP) faces critical energy challenges that have been an obstacle to the country''s economic growth. Only 60% of its population has …
São Tomé Exclusive Economic Zone. The Săo Tomé and Príncipe EEZ is delineated over an expanse of waters offshore Săo Tomé and Príncipe that covers approximately 160,000 square kilometers. In terms of hydrocarbon exploration and exploitation, the EEZ is a frontier region that sits south of the Niger Delta and west of the Gabon salt basin ...
Joint Development Zone - ERHC has interests in six of the nine Blocks in the Joint Development Zone (JDZ), a 34,548 sq km area approximately 200 km off the coastline of Nigeria and São Tomé & Principe that is adjacent to several large petroleum discovery areas. ... Sao Tome & Principe and Nigeria signed a treaty establishing a JDZ for the ...
Primary energy trade 2015 2020 Imports (TJ) 2 151 2 123 Exports (TJ) 0 0 Net trade (TJ) - 2 151 - 2 123 Imports (% of supply) 79 70 Exports (% of production) 0 0 Energy self-sufficiency (%) 38 35 Sao Tome and Principe COUNTRY INDICATORS AND SDGS TOTAL ENERGY SUPPLY (TES) Total energy supply in 2020 Renewable energy supply in 2020 65% 0% …
This report presents the financial perspective, or dollar view, of the current state of play in sustainable energy development. The analysis in this report consists of actual data on the different types of capital flows ...
Kosmos Energy has obtained majority rights to one of the oil blocks in Sao Tome and Principe''s exclusive economic zone. The company, secured a 65% interest in Block 12, while the remaining interests on the block are owned by Sao Tome and Principe''s National Petroleum Agency and Equator Exploration. Kosmos''...
ERHC''s Rights in the EEZ. Under a 2001 agreement with the Government of Săo Tomé and Príncipe, ERHC was vested with the rights to participate in exploration and production activities in the EEZ. These rights included (a) the right to receive up to 100% of two blocks of ERHC''s choice and (b) the option to acquire up to a 15% paid working ...
Sao Tome and Principe (Download coordinates as GML) Digital Documents: Law No. 1/98 on delimitation of the territorial sea and the exclusive economic zone(1) Archipelagic Straight Baselines: Sao Tome And Principe 200NM boundaries Sao Tome and Principe (Download coordinates as GML) Digital Documents:
Joint Development of Transboundary Natural Resources: Lessons from the Nigeria-Sao Tome and Principe Joint Development Zone August 2021 DOI: 10.1007/978-3-030-69594-1_5
Located off the western equatorial coast of Central Africa, the Democratic Republic of São Tomé and Príncipe (STP) is the second smallest country in Africa after Seychelles. In recent years, STP has experienced high economic growth with a 5.2 percent increase in GDP in the past decade. However, this growth has not translated to significant …
Economic Growth, Energy, and Environment. Economic Growth, Energy, and Environment ... Lemba, Lobata, and Caué, as well as Príncipe, as Special Development or Economic Zones. Therefore, any new investment established in these areas under the Investment Code can qualify for special incentives. According to Article 14 of the …
São Tomé & Príncipe. Floating in the Gulf of Guinea, this two-island nation, Africa''s second-smallest, blends natural wonders with a gripping history. São Tomé & Príncipe (STP) is amazingly safe and welcoming to visitors, particularly ecotourists, for whom the advancing jungle is a delight. This is particularly true on tidy and unspoiled ...
Background. The Nigeria–São Tomé and Príncipe Joint Development Authority (NSTPJDA) is an organization established in 2001 by treaty that regulates the two countries'' Joint Development Zone in the Bight of Bonny, along the maritime Nigeria–São Tomé and Príncipe border. The Joint Development Zone is an area speculated to be rich in oil ...
Similar issues can arise from the improper use, storage, and disposal of hazardous substances like mercury, for which the country lacks suitable facilities. To address these gaps, the government of São Tomé and Príncipe is driving a three-year project in partnership with the United Nations Environment Programme''s (UNEP''s) …
The challenges presented by the COVID-19 pandemic and the energy cri-sis on São Tomé and Príncipe have been further aggravated by flooding and land-slides from severe rain in …
Overview. São Tomé and Principe (STP), located on the Equator off the coast of West Africa, is Africa''s smallest country in terms of population, with an estimated Gross Domestic Product (GDP) of USD 253 million and GDP per capita of USD 1 222 in 2011. The country is considered a fragile state according to the harmonized African Development ...
National Energy Efficiency Action Plan (NEEAP) of São Tomé and Príncipe Page 7 of 92 INTRODUCTION The sustainable industrial and socio-economic development of São Tomé and Príncipe (STP) is heavily dependent on reforming the energy sector and transitioning from an almost complete reliance on fossil
A section of one-page notes summarises recent economic growth, forecasts gross domestic product for 2015 and 2016, and highlights the main policy issues facing each of the 54 African countries. A statistical annex compares country-specific economic, social and political variables.
The African archipelagic state of Sao Tome & Principe and neighbouring Equatorial Guinea have agreed to establish a joint development zone (JDZ) to develop the oil and gas potential of blocks ...
National Renewable Energy Action Plan (NREAP) of São Tomé and Príncipe Period 2021-2030/2050 ... The sustainable industrial and socio-economic development of São Tomé and Príncipe (STP) is heavily dependent on reforming the energy sector and transitioning from an almost complete reliance on fossil
Boundaries established in treaties. Equatorial Guinea. Digital Documents: Treaty Regarding the Delimitation of the Maritime Boundary between the Republic of Equatorial Guinea and the Democratic Republic of Sao Tome and Principe, 26 June 1999 ( Download) Gabon ( Show line ) (Download coordinates as GML) Digital Documents: Agreement on the ...
Sao Tome and Principe: Many of us want an overview of how much energy our country consumes, where it comes from, and if we''re making progress on decarbonizing our …
Building institutional capacity for a renewable energy and energy efficiency investment programme for São Tomé and Príncipe" (ID 200 158) Reference: 7000006843 Beneficiary countries: Sao Tome and Principe Registration level: Basic Published on: 18-Apr-202