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LOCAL CONTENT POLICY

Policy Statement
Jon Paca is committed to support the sustainable development of the local communities of Nigeria and maximize opportunities for Local Content, in accordance with:
Jon Paca Corporate Mission, Vision, Value and Business Goals & Objectives
The primary reasons for Local Content development are to:
Contribute to Nigeria society growth and to the development of local community to achieve mutually beneficial environment for carrying out Petroleum Operations
Improve the capacity and capability of the Nigeria people and companies in order to secure long-term sustainable commercial benefits for Jon Paca projects
Reduce the operating costs over the full lifecycle of the North Caspian PSA

Local Content Definition
Payments for goods/materials and services/works of Nigeria origin
Payments to Nigeria national personnel
Statutory payments to the Federal Republic of Nigeria
Non-monetary contribution in transferring of knowledge, technologies and know-how
Approach
We will maximize Local Content, without compromising HSE, Quality and principal contract terms, by:
Timely identification of opportunities for Local Content based on long and short term Jon Paca contracting demand
Development and support of local vendors, contractors and service providers
Management of local content realisation in a consistent manner throughout Jon Paca
Monitoring of development through the application of Key Performance Indicators and targets

Project IV
Project IV
Project III
Project II
Project I
27 Aug 2012
27 Aug 2012
27 Aug 2012
27 Aug 2012
27 Aug 2012

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Plot 8, S-13A/10A, Alexandra Crescent, Off Aminu Kano Crescent, Wuse II - Abuja
Tel/Fax: (+234) 09-4610575, 8706621
Mob: +234-8037034906
         +234-8033031885
Email: info@jonpaca.com