Nicaragua

Nicaragua-flag

BRIEF HISTORY OF THE PROJECT

Since the early 1990s, the NPD has assisted the Nicaraguan Energy Institute (Instituto Nicaraguence de Energía, INE) – the former state agency responsible for regulations, norms, control and taxation of the electricity and hydrocarbon sectors. In March 2007, the hydrocarbons division of INE was transferred to MEM. The present programme is phase IV of the cooperation, which has focused on assistance related to the start-up of petroleum exploration.

Work under the current phase IV cooperation contract commenced in early 2008 after the signing of the MEM – NPD contract in November 2007.

A review of the project was undertaken in 2010, and a decision on future cooperation with Nicaragua is to be taken following the review.

 

Photo: Gunnar Zachrisen

Photo: Gunnar Zachrisen

ACTIVITIES IN 2010

The report ”Final review Phases I, II, II and IV of the Norwegian Support Programme: Assistance to the Petroleum Sector in Nicaragua” was completed in February 2010. This was the only activity in 2010.

 

KEY ACHIEVEMENTS IN 2010

The final review concluded that the cooperation had contributed to enhanced competence within MEM, especially related to promotion and licensing, and data management.

Photo: Gunnar Zachrisen

Photo: Gunnar Zachrisen


06.07.2011