sharing in governance of extractive industries
In the midst of violent protests and political uncertainty, Iraq announces highest crude oil production and export levels in over a year.
Crude oil production in the Iraq hit a 13-month high in July at 4.5 million barrels per day (bpd), according to data provided by the Iraqi State Oil Marketing Organization (SOMO) on 9…Continue
Writen by Rachel Etter-Phoya
The Government of Malawi formally committed to disclose all oil, gas and mining contracts in December 2015 at a Malawi EITI stakeholders meeting in Lilongwe. At the meeting, the then Principal Secretary Ben Botolo responsible for mining said that all contracts were already available upon request at the…Continue
Creating a level playing field for all companies in Mali
The Publish What You Pay (PWYP) Mali coalition and the Office of the Auditor General (OAG) have made numerous calls for the publication of mining contracts. They are doing this because publication of contracts will help improve the monitoring of revenues received by local government and ensure that companies comply with their social and environmental commitments. Studies by both PWYP and the OAG show that a formalised…Continue
The below is based on a speech given by Fredrik Reinfeldt, Chair of the EITI, at the EITI Board meeting side event on contract transparency in Berlin June 2018.
In 2013, the EITI Standard started to encourage contracts to be disclosed. Contracts, it is worth reminding ourselves, are legal documents that governments enter into on behalf of their people. Experience has shown that in many cases, in particular in countries…Continue