39 development that bring additional gas resources into production. Both President Aziz of Mauritania and President Sall of Senegal fully support the project. They have asked the ministries of energy and the national oil companies to work with Kosmos to develop an intergovernmental cooperation agreement which will establish the terms and plan for how to commercialize the Tortue gas resource, which will be shared equitably between the two countries. A Working Group comprised of the national oil companies, representatives of the Ministries of Energy, and Kosmos has been meeting monthly since November 2015 to move the project forward. Since then, the Working Group has made significant progress on the plan for developing the gas resource. ENVIRONMENTAL AND SOCIAL IMPACT ASSESSMENT In June 2016, we reached an important project milestone. A near-shore site was agreed by both governments as the location of the gas processing and liquefaction facilities. Since then, we have been preparing for an environmental and social impact assessment (ESIA) to ensure the site and development concept are environmentally sound, and that any potential social impacts are properly addressed. The assessments will include extensive public consultations with local communities, comply with all applicable laws and regulations in Mauritania and Senegal, and meet international standards. In anticipation of the ESIA, Kosmos organized and facilitated a joint meeting of regulators from Mauritania and Senegal during which the governments discussed similarities and differences in their ESIA requirements and ultimately agreed to accept a single, Local stakeholders in Cayar, Senegal participate in the public consultation for the validation of the drilling Environmental and Social Impact Assessment.