Coalition Comments
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Implemented (Yes/No/On-going)
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Description of action undertaken
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The investigation on SOCAR’s quasi-fiscal operations have to be pursued and detailed information must be included in the EITI reports of the following years.
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Yes
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The information has been included in the part of 6.2 “Quasi-fiscal expenditures”, page 55 of the Report.
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The comprehensive information on the beneficial ownership level of SOCAR, and any changes made to it must be improved, adapted to the requirements of the standard and included into the report.
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Yes
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The information has been included in the part of 2.6.5 “Joint Ventures, associates and subsidiaries of state-owned enterpirses”, pages 29-31 of the Report.
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Information on the conclusion of PSA must be improved in compliance with the requirements of paragraph 3.9 of the standard and included in the licensing section and the normative act confirming the legitimacy must be shown.
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Yes
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The information on the conclusion of the PSA procedures has been included in the part of 2.2 “Allocation of licenses”, pages 22-23 of the Report.
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The reference has not been provided to information related to registration of active companies involved in PSA in part 3.7 of the Report
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Yes
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The information has been included in the part of 2.3 “Register of licenses”, page 23 of the Report.
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The Structure and content in the part of “Approach and methodology” have to be improved.
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Yes
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The information has been included in the part of “Approach and methodology”, pages 9-10 of the Report.
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To ensure the inclusion of the country's entire oil and gas and mineral reserve deposits and product types (oil, gas, condensate, gold, silver, etc.) in the report.
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Yes
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The information has been included in the part of 3.1 “Overview of Mining Industry”, pages 33-37 of the Report.
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Although information on production volumes and costs by the region, as well as export volumes and cost of raw materials is not given in the Report, information on production volumes has been provided in section 3.3 of the Report. The reference or note could be given to the export data in section 3.3 of the Report.
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Yes
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The information has been included in the part of 3.2 “Production volume”, pages 37-38 of the Report.
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The information provided in “Analysis of government revenues” section should be added to the appropriate section of the Report in accordance with the requirement 3.7 of the Standard.
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Yes
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The information has been included in the part of 6.3.2 “The state revenue from the mining industry”, page 56-59 of the Report
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