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Governance

Assessment of the request for adapted implementation of São Tomé and Príncipe

IC Paper 39-2-A, 27 March 2019

Submitted by: EITI International Secretariat on: 20 March 2019

The Secretariat recommends that the Implementation Committee recommends that the Board accepts the São Tomé and Príncipe (STP) EITI National Committee’s request for adapted implementation with respect to reconciliation of revenues and disclosure of contextual information related to the Nigeria- São Tomé and Príncipe Joint Development Zone (JDZ). The Secretariat also recommends that the Implementation Committee recommends that the Board accept the proposal of STP EITI to be exempted in presenting an Annual Progress Report (APR) and cover impact and progress in the EITI reports.

The application was made because the Government of São Tomé and Príncipe and the National Committee do not have the legal authority to compel the Joint Development Authority (JDA), or companies operating in the JDZ that are based in another country, to participate in the EITI process. This is a repeated request having been made for the 2015-16 report and was accepted by the Board.