Community Investment

(€ million)

2011

2012

2013

Interventions on the territories from agreements, conventions and PSA by cathegory

69.279

63.052

57.570

- training/professional coaching

4.570

9.886

13.527

- environment

15.899

9.698

9.164

- culture

1.938

1.300

1.713

- instruction and education

3.207

3.789

5.384

- health

2.035

3.886

2.931

- infrastucture development

18.334

20.344

15.176

- socio-economic development

6.794

6.357

5.792

- relationships with communities

7.134

7.077

2.332

- access to energy

9.368

0.715

1.551

The cost in 2013 of community projects deriving from local agreements and conventions (community investment) amounted to more than €57 million, about 93% of which was spent in the area of exploration and production activities. Spending on the African continent remained constant, with a positive trend in Sub-Saharan Africa, where €25.7 million was spent in 2013 against the previous year’s €23.2. Regarding the E&P figures, the total for 2013 was €53.3 million, less than the total for 2012 of €59.5 million. This decrease is explained by reduced investment, mainly in infrastructure development in Kazakhstan, and the reduction in spending on training in Egypt; at the same time, there was increased investment in terms of access to energy, instruction, education and training. Concerning access to energy, the increase is attributable to the progress in electrification projects for local communities in Nigeria.