Recommendations of Independent Administrator
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Implemented (Yes/No/On-going)
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Description of action undertaken
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A summary of these contracts and licenses to be announced by the Azerbaijani side must be shown to the EITI Report. Taking into account the fact that the PSA is ratified by the parliament of Azerbaijan MSG has to consider increasing of efforts to include the rest of the PSAs into the Report.
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On-going
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The information has been included in the parts of 2.3. “Register of licenses”, 2.4 “Contracts” and 3.1 “Overview of Mining”, pages 23, 24 and 33-37 respectively of the Report.
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MSG has to ensure disclosure of all details on changes in law about equity stake and ownership by SOCAR.
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Yes
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The information has been included in the part of 2.6 “State participation in the extractive industry”, page 24-32 of the Report.
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MSG is encouraged to add additional information on type of product, price, market sale volume and in-kind revenues.
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Yes
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The information has been included in the parts of 3.2 “Production volume”, and 4.2 “Sale of the state’s share of production or other revenues collected in-kind” pages 37-38 and 45 respectively of the Report.
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MSG encourages Independent Administrator to submit a terms of use of publicly available audited financial statements of companies and govenmrnet agencies.
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On-going
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To prepare the term of use all companies will have to publish audited financial statements.
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MSG is encouraged to develop a report on transportation to provide a complete description on the use and transport of materials, their transport routes, transportation measures, tariff rates and methodologies used to calculate them.
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Yes
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The information has been included in the part of 4.4 “Transportation revenues”, page 46-50 of the Report.
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