This EITI Report covers Ethiopia's extractive sector in 2016-2017. It was published in August 2019.
The Ghana Extractive Industries Transparency Initiative (GHEITI) engaged Messrs Boas & Associates to reconcile the payments made by Oil and Gas Companies and receipts by the government of Ghana for 2016. Total crude oil production in 2016 was 32,297,780 bbls, compared to 37,411,661 barrels for the same period in 2015. The total value of crude oil exported was estimated at US$1,345.2 million in 2016 compared to US$1,931.3 million exported in 2015. Volume exported decreased by 19.9% to 29,769,048 barrels in 2016.
This Board paper was presented in Oslo, at the 34th Board meeting. Following the recommendation by the implementation committee, the pilot project on transparency in commodity trading was established, based on the recommendation of this paper.
Summary of the paper (download below)
Further to the discussions about commodity trading at the 30th Board meeting in Berne, the subsequent establishing and efforts by a working group, it is proposed that the Implementation Committee recommends to the EITI Board that a pilot project on transparency in commodity trading be established.
The Ghana Extractive Industries Transparency Initiative (GHEITI) engaged Messrs Boas Associates to reconcile the payments made by Mining Companies and receipts by the government of Ghana for 2016.
Compared to the production in 2015, there were increases of 17%, 26% and 30% in the production of gold, bauxite and manganese respectively. Diamond production decreased by 0.28% in 2016 as compared to 2015. Mining and Quarrying is estimated to have recorded a negative GDP growth of 11.2 percent in 2016, worse than the negative 2.2 percent recorded in 2015.
The Board agreed in principle to the proposals made on clarifications and changes to the EITI Requirements.
Where: 42st Board meeting in Kyiv, Ukraine
Description: The Board agreed in principle on the following proposals:
GenderState-owned enterprises (SOEs)Licensing transparencyContract transparencyProduction and export dataSystematic disclosuresCommodity tradingProject-level reportingSubnational transfersEnvironmental reportingOpen data effortsImpact and outcomes from EITI implementation
The EITI Board agreed the following recommendations:
That by end 2018, all implementing countries are expected to develop a costed work plan for 2019 and onwards that includes steps to mainstream EITI implementation in company and government systems within 3-5 years, with the scope to seek a longer transitional period where needed. This approach acknowledges that the circumstances differ in each country, that not all countries will be able to transition to systematic disclosure at the same speed,
This is the paper containing the text for the 2016 EITI Standard for adoption by the EITI Board at the 32nd Board meeting in Lima, on 23 February 2016. See the decision by the Board.
The EITI factsheet for extractive industries is a concise two-page introduction to the EITI tailored to companies, outlining the local and international benefits of being an EITI supporting company.