EITI countries
Senegal

FAR Limited

FAR Limited is an independent, Africa focussed oil and gas exploration and development company with high-value assets in West Africa, East Africa and Australia.
Supporter since 2017

Statement of support

FAR Limited commits to actively working with the governments, national organisations, companies, media and financial institutions within the countries it operates to support, promote and participate in programs that encourage transparency and international best practice for governance. FAR is a member of the Extractive Industries Transparency Initiative, along with the Government of Senegal.

Engagement with the EITI

FAR’s corporate focus is investing in African exploration and development projects for oil and gas. Its core project is in Senegal. FAR strives to support the application of transparency policy to ensure positive foreign investment, infrastructure, capacity building and economic growth in the countries where it operates. The company is part of the multi-stakeholder group (MSG) in Senegal.  

Strengthening transparency 

FAR’s commitment to Environmental, Social and Governance (ESG) standard is guided by the PEARL (People, Environment, Assets, Reputation and Legal) principle. PEARL is embedded throughout its organisation, from the most detailed Health, Safety and Environment plan on a rig, to its risk management process, to the social investments the company makes in its host countries.

FAR is listed on the Australian Securities Exchange. The Australian Securities Exchange Listing Rule requires companies to disclose the extent to which they have complied with the best practice recommendations of the ASX Corporate Governance Council. It is also a priority that these policies are consistent with FAR’s objectives of being a respected part of the multi-stakeholder groups where the company operates. 

Read more about FAR's corporate governance statement on FAR's website

Link to the statement of support on FAR's website 

Statement of support to the EITI on FAR's website