DR Congo: Kabila signs Comico decree

President Joseph Kabila signed a decree on 1 February approving a production-sharing agreement (PSA) for three blocks in the Cuvette Centrale Basin. The agreement was originally signed in 2007 between the Congolese state and the Comico-Cohydro joint venture of Compagnie Minière du Congo and the state-owned Congolaise des Hydrocarbures for the exploration and development of blocks 1, 2 and 3 of the basin.