Azerbaijan initiates development of ninth report on Extractive Industries Transparency Initiative

It was decided to start development of the ninth report on EITI at today's session of the selection group, comprising members of the EITI commission and coalition of nongovernmental organizations on EITI and oil producing companies, said a source from the State Oil Fund of Azerbaijan.

In this connection, it was decided to send invitations to audit companies for participation in the contest for development of EITI report.

It should be reminded that the memorandum on Extractive Industries Transparency Initiative was signed by 21 foreign and Azerbaijani oil and gas companies, among which are SOCAR, BP-Azerbaijan, Exxon, Statoil, Total, Lukoil, Chevron, Shell, Devon Energy. Later the memorandum included 5 more companies, including Inpex Azerbaijan, Binaqadi Oil, RAFI Oil, NİCO and Apsheron Investments Ltd.

/Day.Az/