Follow us:
  • Facebook
  • Twitter
  • Google+
  • AppStore
  • RSS
Azernews.Az
Tuesday May 17 2022
  • Latest
  • Nation
  • World
  • Business
  • Oil & Gas
  • Armenian Aggression
  • Armenian-Azerbaijani conflict
  • Editorial
  • Analysis
  • Lifestyle
  • Events
  • Healthcare
  • Culture
  • Sports
  • Travel
  • Our writers
  • Professional ethics
Home
  • Home
  • Nation
  • World
  • Business
  • Oil & Gas
  • Armenian Aggression
  • Armenian-Azerbaijani conflict
  • Editorial
  • Analysis
  • Lifestyle
  • Events
  • Healthcare
  • Culture
  • Sports
  • Travel
  • Our writers
  • Professional ethics

List of EITI members expanded

24 May 2013 18:05 (UTC+04:00)
1 316

A delegation headed by the Chairman of the National EITI Committee, a member of the EITI International Board and the Executive Director of the State Oil Fund of the Republic of Azerbaijan (SOFAZ) Shahmar Movsumov is participating at the 6th EITI Global Conference on May 23-24 in Sydney, SOFAZ said.

Various issues, including re-election of the EITI Board, achievements on EITI implementation in different countries and election of new members were discussed during the conference.

Azerbaijan was elected to the EITI International Board.

Cote d'Ivoire and Togo were accepted as EITI Compliant countries according to the EITI validation process. The Philippines and Honduras were accepted as Candidate countries. France and the United Kingdom announced their will to implement the EITI, the global standard for transparency of government revenues from natural resources.

EITI is a special multilateral and voluntary initiative, supported by a coalition of companies, governments, investors and civil society organizations and global standard for improved transparency in the oil, gas and mining sector. Azerbaijan joined EITI in 2003. Azerbaijan is the first ever country to complete validation process and is designated as EITI Compliant Country. Azerbaijan was awarded the "2009 EITI Award" for its commitment to EITI principles and criteria and achievements in EITI Implementation.

  • #STATE OIL FUND OF THE REPUBLIC OF AZERBAIJAN
  • #EITI

Related News

Grant Thornton to prepare report on transparency in Azerbaijan’s extractive industry

Grant Thornton to prepare report on transparency in Azerbaijan’s extractive industry

13 July 2019 16:16
Azerbaijan not ruling out possibility of resuming dialogue with EITI

Azerbaijan not ruling out possibility of resuming dialogue with EITI

24 April 2019 11:05
How withdrawal from EITI affected Azerbaijani mining industry?

How withdrawal from EITI affected Azerbaijani mining industry?

22 April 2019 10:09
Azerbaijan’s exit from EITI not to impact any SGC project

Azerbaijan’s exit from EITI not to impact any SGC project

23 March 2017 16:00
Azerbaijan leaving EITI <span class="color_red">[UPDATE]</span>

Azerbaijan leaving EITI [UPDATE]

10 March 2017 12:48
Round table on EITI Mainstreaming held at SOFAZ

Round table on EITI Mainstreaming held at SOFAZ

3 February 2017 10:42
President Aliyev receives EITI Board Chairman <span class="color_red">[UPDATE]</span>

President Aliyev receives EITI Board Chairman [UPDATE]

1 February 2017 14:41
Azerbaijan keeps candidate status in EITI

Azerbaijan keeps candidate status in EITI

26 October 2016 13:06
EITI: Azerbaijan earned $73 billion from extractive industries

EITI: Azerbaijan earned $73 billion from extractive industries

2 May 2016 17:50
SOFAZ earns 27 million pounds on real estate in London

SOFAZ earns 27 million pounds on real estate in London

11 February 2016 11:23
  • Latest
  • Popular
16 May 23:15 • Iran reveals COVID-19 data for May 16
16 May 22:35 • Israel announces 176-mln-USD plan to promote space tech
16 May 22:13 • Turkey confirms 1,154 daily COVID-19 cases
16 May 21:46 • Iran's FM to visit UAE
16 May 21:16 • Kazakhstan unveils volume of fuel oil production
16 May 20:41 • Iranian currency rates for May 16
16 May 20:12 • UN chief appalled by racist shooting in Buffalo, New York
16 May 19:51 • Zelensky appoints new commander of Ukrainian Territorial Defense Forces
16 May 19:16 • NATO expects Turkey not to hold up Finland, Sweden membership
16 May 18:48 • Georgia approves several renewable energy projects
16 May 18:19 • Sweden’s ruling party supports country’s NATO membership — top diplomat
16 May 18:07 • Azerbaijan's Baku Metro speaks about delivery of trains to Azerbaijan, purchased in Russia
16 May 17:58 • Azerbaijan presents Karabakh horse to Queen Elizabeth II as gift from President Ilham Aliyev [PHOTO]
16 May 17:55 • Azerbaijan-Turkey: Beyond lofty asseverations
16 May 17:49 • Karabakh horses shine at Royal Windsor Horse Show [PHOTO]
16 May 17:42 • Agricultural exhibitions in Baku to bring together many foreign companies in 2022 - ministry [PHOTO]
16 May 17:35 • ECO chief arrives in Azerbaijan to moderate discussions of regional organization [PHOTO]
16 May 17:25 • Azerbaijan welcoming parliamentary delegations to third PA ECO general conference [PHOTO]
16 May 17:09 • Azerbaijan, Georgia, Kazakhstan pooling efforts to create joint venture
16 May 16:55 • Premier Petkov says Bulgaria to start receiving Azerbaijani gas from June 2022
16 May 11:02 • OECD supporting Azerbaijan in designing strategies to foster digital transformation of SME
16 May 17:58 • Azerbaijan presents Karabakh horse to Queen Elizabeth II as gift from President Ilham Aliyev [PHOTO]
16 May 10:00 • EBRD to finance waste management improvements in Azerbaijan's Ganja
16 May 17:09 • Azerbaijan, Georgia, Kazakhstan pooling efforts to create joint venture
16 May 14:23 • Belarus premier to visit Azerbaijan to explore all avenues for deepening cooperation
16 May 17:55 • Azerbaijan-Turkey: Beyond lofty asseverations
16 May 12:00 • President of Kazakhstan to attend CSTO jubilee session
16 May 13:02 • Lithuanian president to discuss prospects for Azerbaijan-EU relations in Baku
16 May 11:20 • Hundreds of runners hit streets for Baku Marathon [PHOTO]
16 May 16:07 • Azerbaijan’s Public Television releases statement on Eurovision 2022 voting controversy
16 May 16:36 • Azerbaijan approves structure of Supervisory Board of AzerGold CJSC
16 May 08:37 • Georgian leadership to be invited to NATO Summit
16 May 13:47 • Azerbaijan's Eurovision 2022 entry Nadir Rustamli thrills fans with lyrical song [PHOTO/VIDEO]
16 May 08:00 • Iran reveals COVID-19 data for May 15
16 May 16:52 • Composition of Supervisory Board of Azerbaijan’s Baku Metro changed following presidential order
16 May 10:19 • Deputy Speaker of Majilis of Kazakh parliament arrives in Azerbaijan
16 May 17:25 • Azerbaijan welcoming parliamentary delegations to third PA ECO general conference [PHOTO]
16 May 17:35 • ECO chief arrives in Azerbaijan to moderate discussions of regional organization [PHOTO]
16 May 11:45 • Kyrgyz capital to host First Eurasian Economic Forum on May 26
16 May 13:26 • Europe's cultural heritage highlighted in Baku [PHOTO]
See more
AzerNews Newspaper
AzerNews
  • Facebook
  • Twitter
  • Google+
  • RSS

Information

About us Contacts Advertising Azernews In Print

News Archive

© 2022 AzerNews. All rights reserved