The 11 February Norway was accepted as an EITI Candidate, and became the 25th EITI implementing country. Norway, the world's third largest oil exporter, is the first OECD country to implement the EITI. When applying for candidate status Terje Riis-Johansen, Norwegian Minister of Oil and Energy, said "By now moving from supporting the EITI to also implementing it, we hope to contribute towards the EITI becoming the globally recognised transparency standard for the extractive industry."
The 4th EITI Global Conference in Doha, Qatar, on 16-18 February marked an historic moment for the EITI, with over 500 participants from 80 countries, 70 speakers, and with countless meetings taking place on the sidelines. The Conference marked the EITI's transformation from a start-up initiative to a global transparency standard. Furthermore, Azerbaijan has become the first country to achieve Compliant status.
27 September 2007, Press Release, Norwegian Ministry of Foreign Affairs
“Norway wants to be at the forefront of the international effort to combat corruption. Our role as a driving force in the EITI is an example of this. Until now, Norway has given the initiative financial and political support. We will now implement the EITI Principles fully. We will ourselves do what we ask other countries to do.
All extractive companies and relevant governmental agencies operating in Norway are now required to report all of their tax, license and royalty payments and receipts by 17 August. The completed reporting templates will be compiled and reconciled by the audit firm that was chosen to act as EITI Reconciler.
OSLO, 21 JANUARY 2010. Today the Norwegian government published all payments made by oil companies to the government for 2008. In this move to bolster Norwegian transparency standards, the payment data was made available in its first EITI Report.
In doing so Norway became the first European and OECD country to publish its payment figures in an EITI Report. The report covers all payments of taxes and other fees that oil companies have made to the government,
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,
PARIS, 2 March 2011 – The Central African Republic, The Kyrgyz Republic, Niger, Nigeria, Norway, and Yemen have achieved Compliance with the Extractive Industries Transparency Initiative (EITI), the global standard for improved transparency in the oil, gas and mining sectors. The EITI Board designated them as ‘EITI Compliant’ at their meeting today in Paris, bringing the total number of EITI Compliant countries up to 11. In addition,
UPDATED 8 March: Publication and launch of the Timor Leste report is still pending.
This week, Norway disclosed its 2009 EITI Report. In this report, oil and gas companies have disclosed the tax payments they have made to the Norwegian governement in 2009. In turn, the government has disclosed the amounts received. These disclosures have been reconciled by an independent reconciler in a process oversee by the local multi-stakeholder group.
Ken Salazar, US Secretary of Interior, and Ola Borten Moe, Norwegian Minister of Petroleum and Energy, met on Tuesday to discuss cooperation in the energy sector between Norway and the USA.
Last month the White House announced that Ken Salazar had been appointed to lead on US implementation of the EITI standard.