Publisher: 
EITI
EITI Consultation
Publication Type: 
Concluded consultations
Published Date: 
February, 2013

Consultation on contract transparency

This consultation is concluded.

A consultation with implementing countries on contract transparency took place from 9 November 2012 – 11 January 2013. Find the documentation below.

The Extractive Industry Transparency Initiative (EITI) undertook a strategic review to improve the EITI Standard. One of the proposals under discussion was whether the revised EITI Rules should require or encourage disclosure of contracts between governments and extractive companies, or simply note that implementing countries may wish to decide to do so.

The EITI Board seeks views from all EITI implementing countries on this matter.

The following options were offered for the future EITI standard toinclude. The attached note provides more background.

  • Option 1

That the EITI Standard in the future should require all EITI implementing countries to publicly disclose on a single government website any contracts that establish the terms attached to the grant and operation of an exploration or exploitation license.

  • Option 2

That the EITI Standard in the future should require all EITI implementing countries to publicly disclose on a single government website any contracts that establish the terms attached to the grant and operation of an exploration or exploitation license, with some exceptions. Such exceptions may include limiting disclosure to future contracts, and/or to contracts which give rise to material oil, gas and mining payments by companies to governments, and/or allowing for redaction of commercially sensitive information.

  • Option 3

That the EITI Standard in the future should encourage (but not require) all EITI implementing countries to publicly disclose on a single government website any contracts that establish the terms attached to the grant and operation of an exploration or exploitation license. Option 2 and 3 could be combined, with the disclosure of certain contracts required and the disclosure of all contracts encouraged.

  • Option 4

That the EITI Standard in the future would simply state that implementing countries may wish to publicly disclose on a single government website any contracts that establish the terms attached to the grant and operation of an exploration or exploitation license. The EITI Rules would not mandate nor encourage such disclosures.