The 4th EITI Global Conference ended on a high note with a large number of new endorsements and commitments. During the final session of the EITI conference all stakeholders were invited to address the assembly. A number of EITI candidate countries re-affirmed their commitment to implementing the EITI. H.E. Samir Sharifov, Minister of Finance Azerbaijan,the first EITI Compliant country, stated that "we are ready to share our experiences and expertise with other countries."
Albania, Burkina Faso, Mozambique and Zambia have now become EITI Candidate countries. This was announced by the EITI Board at its meeting in Washington DC. With these four new countries, 30 countries are now implementing the EITI, further bolstering EITI as the standard for transparent management of revenues from the oil, gas and mining sectors.
Peter Eigen, Chair of the Extractive Industries Transparency Initiative (EITI), joined the new German Minister of Economic Cooperation and Development, Dirk Niebel on an official visit to Rwanda, the Democratic Republic of the Congo (Kivu) and Mozambique on 7-14 January 2010.
During this stay in Rwanda, Dr Eigen met the Minister of Finance and Economic Planning John Rwangombwa,
EXTRACTIVE INDUSTRIES TRANSPARENCY INITIATIVE (EITI)
The Government of Mozambique has received a Multi Donor Trust Fund Grant to hire a consultancy service as “Selection of a Firm as an Independent Administrator to Prepare and Reconcile the First EITI Report”. Mozambique EITI Secretariat (MES) requires the services of an independent Administrator firm to collect and reconcile all material payments made by relevant companies and payments received by Government for the 2008 fiscal year,
Galp Energia is a major Portuguese energy company. Its activities span from exploration and production of oil and natural gas to refining and marketing oil products, natural gas marketing, and sales and power generation. Galp Energia is headquartered in Lisbon,
The international EITI Board has declared that Mozambique Tanzania, and Zambia have made “meaningful progress” in their implementations of the EITI. This follows EITI Validation Reports that concluded that most, but not all of the validation indicators had been met. They set out recommendations for strengthening the EITI process.
Today, 30 March, Mozambique launched its 2009 EITI Report in Quilemane in Zambezia Province, disclosing payments made to the government from companies extracting natural resources. The government received a total of just under US$40 million from their extractives sector in 2009: US$15m from mining and US$25m from hydrocarbons.
The net discrepancy between what companies report to have paid and what the government reports to have received was negligible (0.06%),
REQUEST FOR EXPRESSIONS OF INTEREST FOR CONSULTANT SERVICES FOR PRODUCING THE THIRD EITI REPORT
Name of Project: Mozambique: EITI Implementation
Name of Consulting Assignment: MEITI Independent Reconciler
Sector Name: Mining and other extractive
Grant No.: tbd
Contract No.: 01/MIREM/ITIE/2012/CS
The EITI Board today (26 October) declared Mozambique 'Compliant' with the EITI Standard. There are now 16 countries that are 'EITI Compliant'. EITI compliance means that the country has an effective process for annual disclosure and reconciliation of all revenues from its extractive sector. This allows citizens to see how much their country receives from oil, gas and mining companies.
Mozambique received a total of US$65 million from their extractives sector.