Mauritania

Candidate country Hidden:  Not Hidden Mauritania's EITI website Overview of the Extractive Industries Mauritania has significant mineral deposits, in particular iron ore. Mineral products account for over half of total export earnings, with iron ore exports contributing 15 % of GDP in 2007. Copper and gold are extracted from the Guelb Moghrein mine near Akjoujt in Inchiri 260 km northeast of the Capital. Commercial oil reserves have been found offshore, adding to the reserves at the Chinguetti oil field discovered in 2001. Oil production started in February 2006, although not with the expected yield. Still, Mauritania's proven and probable crude oil reserves are estimated at around 600 million barrels and the sector is bound to become the major player in the economy. Status of EITI Implementation Mauritania is an EITI Candidate country that is “Close to Compliant”. Mauritania was granted six months (until 12 June 2011) to complete the remedial actions needed to achieve compliance. On 25 October 2011, the Board accepted Mauritania's request for a Secretariat Review. The Board will take a new decision on Mauritania's status at its meeting in February 2012 in the United Kingdom.   Mauritania submitted its final Validation report on 9 September 2011. Mauritania released its first EITI report in March 2007 and its second report in July 2007. The third EITI report covering 2007-2008 was published in July 2011 and the 2009 EITI Report in October 2011.   Mauritania was admitted as an EITI Candidate Country on 27 September 2007 Governance of EITI implementation The new National Committee (Comité National) formed in November 2009 is a multi-stakeholder group in charge of implementation and follow up of the EITI in Mauritania. It is also responsible for regular public information on the national and international levels. The Committee consists of 30 members, of which 8 representatives from the administration, 8 from the industry and 14 from civil society. Mr Sidi Ould Zeïne is the President of this Committee and serves as its focal point. He was also elected as Alternate to the EITI International Board. EITI Focal Point Mr Sidi Ould Zeïne President of the National Committee Email: Szeine [at] primature [dot] gove [dot] mr   Companies operating* Oil & gas companies: BG Group*, Petronas, Tullow Oil, Repsol*, Roc Oil Mining companies: First Quantum Minerals, Red Back Mining* EITI Supporting Company * Note: Company list based on EITI research and is not conclusive Further information about the status of EITI implementation in Mauritania can be provided by Regional Director Marie-Ange Kalenga at the EITI International Secretariat.

As we approach half-way through 2010, it is proving to be as momentous for the EITI as expected. Although most of the 22 first EITI countries did not complete the validation of their EITI processes by their deadlines, eyes are now turned towards those granted short extensions to complete by September. Countries’ efforts to meet the deadlines have led to an unprecedented level of activity to improve transparency in the extractives sector. In the past 12 months, 18 countries have produced EITI Reports. File:  EITI-Newsletter-2010-July.pdf