Home Media News Sitarail signs an agreement with the Ivorian Refining Company (SIR) and the Burkinabe National Hydrocarbons Company (SONABHY) to develop the supply and transport of petroleum products

Sitarail signs an agreement with the Ivorian Refining Company (SIR) and the Burkinabe National Hydrocarbons Company (SONABHY) to develop the supply and transport of petroleum products

Puteaux. 23 July 2018

The General managers of SITARAIL, Quentin GÉRARD, the Ivorian Refining Company (SIR), Thomas CAMARA and the Burkinabe National Hydrocarbons Company (SONABHY), Hilaire KABORÉ, signed an agreement on July 19, 2018, to develop the supply and transport of petroleum products.

(from left to right): Hilaire KABORÉ, General Manager of SONABHY, Thomas CAMARA, General Manager of SIR and Quentin GÉRARD, General Manager of Sitarail

The signature, which took place at the premises of the SIR in Abidjan in the presence of Éric Melet, CEO of Bolloré Railways, is part of the 6th conference of the Treaty of Amity and Cooperation (TAC) which held on July 17 and 18, 2017 in Ouagadougou.

It reflects the will of the States of Côte d'Ivoire and Burkina Faso to intensify their economic relations and aims to increase and secure the traffic of petroleum products by rail to the SONABHY depots in Bobo Dioulasso and Ouagadougou, while optimizing transport costs.

At the end of this agreement, the SIR will supply SONABHY with a minimum of 400,000 tonnes a year in petroleum products; SONABHY will entrust Sitarail with the transportation of at least 400,000 tonnes of petroleum products per year from GESTOCI in Abidjan. Finally, Sitarail will invest several billion CFA francs for the provision of railway equipment to carry out this traffic.