Azerbaijan discloses eleventh EITI report

hesabat-2011The Committee on Extractive Industries Transparency Initiative ("EITI") established by the Government of Azerbaijan to implement its obligations taken at the conference on EITI held in June 2003 in London, on 14 December, 2009 announced the release of the Government's eleventh EITI report (Jan-June 2009 assertion) audited by Moore Stephens, the independent Aggregator. The release is accompanied by the Aggregator's opinion based on individual submissions of extractive industry companies participating in the EITI process in Azerbaijan.

EITI International Secretariat Baku, 15 October 2009

iclasThe Board of the EITI (Extractive Industries Transparency Initiative) held its 10th meeting in Baku, Azerbaijan on 14-15 October 2009. During the meeting the Board designated Liberia as EITI Compliant, stating: The Board congratulates the Government of Liberia and all the other stakeholders on the impressive progress made implementing the EITI.

EITI Committee holds meeting

mhshtA meeting of the Committee on implementation of Extractive Industries Transparency Initiative (EITI) in Azerbaijan presided over by Shahmar Movsumov, Chairman of the Committee and the Executive Director of the State Oil Fund, was held on September 15, 2009. Shahmar Movsumov updated the members of the Committee on latest developments of EITI implementation.

EITI stakeholders holds meeting

mhshtThis Press release is jointly prepared by Committee on EITI, extractive industry (oil and gas) companies and Non-Governmental Organizations (NGOs) Coalition for Increasing Transparency in the Extractive Industries of Azerbaijan.

Moore Stephens to collate next EITI reports

moore-stefensExtractive Industries Transparency Initiative (EITI) reports for the first six months of the year 2009 will be collated by Moore Stephens following the decision of the Selection Group, which was established in accordance with the Memorandum of Understanding signed to implement EITI in Azerbaijan between the governmental Committee on EITI, foreign and local extractive industry (oil and gas) companies and the NGOs' Coalition for Increasing Transparency in Extractive Industries. The group comprises 6 persons equally represented by the Government, NGO's Coalition and extractive industry companies.

The 11th EITI reporting cycle is underway in Azerbaijan

mhshtThe eleventh reporting cycle on implementation of Extractive Industries Transparency Initiative (EITI) in Azerbaijan was launched on June 29, 2009 at the meeting of the Selection Group, which was established in accordance with the Memorandum of Understanding signed between the governmental Committee on EITI, foreign and local extractive industry companies (oil and gas) and the NGOs' Coalition for Increasing Transparency in Extractive Industries to implement EITI in Azerbaijan. The Selection Group decided to send invitations to internationally recognized audit companies in Azerbaijan for the bidding procedure.

Azerbaijan discloses tenth EITI report

hesabat-2011The Committee on Extractive Industries Transparency Initiative ("EITI") established by the Government of Azerbaijan to implement its obligations taken at the conference on EITI held in June 2003 in London, on 12 June, 2009 announced the release of the Government's tenth EITI report (Jan-Dec 2008 assertion) audited by Deloitte and Touche, the independent Aggregator. The release is accompanied by the Aggregator's opinion based on individual submissions of extractive industry companies participating in the EITI process in Azerbaijan.

AZERBAIJAN IS A LEADER IN EITI IMPLEMENTATION

bakuThe 4th Extractive Industries Transparency Initiative (EITI) International Conference was held on February 16-18, 2009 in Doha, Qatar. The Azerbaijan delegation represented by Samir Sharifov, Minister of Finance of the Republic of Azerbaijan, Shahmar Movsumov, Chairman of the National EITI Committee, a member of the EITI Board and the Executive Director of the State Oil Fund of the Republic of Azerbaijan, Adil Mammadov, Head of EITI Secretariat of Azerbaijan and members of the NGO’s Coalition on Improving Transparency Initiative in Extractive Industry participated at this Conference.

Azerbaijan becomes the first EITI Compliant country

mhshtChairman of the National Committee on Extractive Industries Transparency Initiative (EITI), a member of the EITI Board and the Executive Director of the State Oil Fund of the Republic of Azerbaijan Shahmar Movsumov is participating at the EITI Conference which is held on 16-18 February, 2009 in Doha, Qatar.

Contact Us

adressHeydar Aliyev Avenue 165, Baku, AZ1029

phone(+99412) 498 77 53
ext. number 1803

mailFFarzaliyev@oilfund.az