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Hanging: 0,63 cm
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paragraphs of the same style
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Hanging: 0,63 cm
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...
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...
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Space After: 6 pt, No bullets or
numbering
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Pro, Font color: Black
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Formatted: Font: 10 pt
Formatted: Font: (Default) Myriad
Pro, Font color: Black
Formatted: Normal, Indent: Left:
1,24 cm, No bullets or numbering
Formatted: English (U.K.)
Formatted: Normal, No bullets or
numbering
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Pro, Font color: Black
Formatted: Normal, Indent: Left:
1,24 cm, Space Before: 0 pt, No
bullets or numbering
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Pro, Font color: Black
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Formatted: Numbered + Level: 1 +
Numbering Style: 1, 2, 3, … + Start at:
1 + Alignment: Left + Aligned at: 2,5
cm + Indent at: 3,13 cm
Formatted: Indent: Left: 3,13 cm
Formatted: Font: (Default) Myriad Pro
Formatted: Numbered + Level: 1 +
Numbering Style: 1, 2, 3, … + Start at:
1 + Alignment: Left + Aligned at: 2,5
cm + Indent at: 3,13 cm
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line: 1,25 cm
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1,25 cm
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numbering
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Comment [DR59]:
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Highlight
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Highlight
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Highlight
Formatted: Not Highlight
Comment [DR60]:
Comment [DR61]:
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Hanging: 0,63 cm, Space After: 3 pt,
Add space between paragraphs of the
same style
Comment [DR62]:
Comment [DR63]:
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Formatted: Font: 10 pt
Comment [DR64]:
Formatted: Font: (Default) Calibri
3.8
Licenses
a) Implementing countries are required to maintain a publically available register or cadaster
system/s with timely and comprehensive information regarding the exploration rights or titles that
govern the exploration and exploitation of oil, gas and minerals.
b) The term ‘license’ in this context refers to any license, lease, title, permit, or concession by which
the government confers to a company(ies) rights to explore or exploit oil, gas and/or mineral
resources. The MSG should agree an appropriate definition and include it in the EITI Report.
c) Implementing countries are required to publicly disclose the following information regarding each
of the exploration rights or titles pertaining to companies covered in the EITI report:
i.
license holder(s);
ii.
coordinates of the license area; and
iii.
date of application, granting, duration of the license.
Implementing countries are expected to make publicly available information regarding exploration
rights pertaining to companies that are not participating in the EITI Report (i.e., where there
payments fall below agreed materiality thresholds), unless there are significant legal or practical
barriers to such disclosures.
d) Implementing countries are required to publicly disclose the following information regarding each
of the production rights or titles pertaining to companies covered in the EITI report, including:
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+ Level: 1 + Numbering Style: a, b, c,
… + Start at: 1 + Alignment: Left +
Aligned at: 0,63 cm + Indent at: 1,27
cm
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+ Level: 1 + Numbering Style: a, b, c,
… + Start at: 1 + Alignment: Left +
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cm
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Formatted: List Paragraph, Numbered
+ Level: 1 + Numbering Style: a, b, c,
… + Start at: 1 + Alignment: Left +
Aligned at: 0,63 cm + Indent at: 1,27
cm
Comment [SB65]:
Formatted: Font: (Default) Calibri
Formatted: Indent: Left: 1,25 cm
Formatted: Font: (Default) Calibri
Formatted: List Paragraph, Numbered
+ Level: 1 + Numbering Style: a, b, c,
… + Start at: 1 + Alignment: Left +
Aligned at: 0,63 cm + Indent at: 1,27
cm
Comment [SB66]:
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Formatted: Font: 10 pt
i.
license holder(s);
ii.
coordinates of the license area;
iii.
the commodity being produced; and
iv.
date of application, granting, duration of the license.
Implementing countries are expected to disclose information about production rights pertaining to
companies that are not participating in the EITI Report (i.e., where there payments fall below
agreed materiality thresholds), unless there are significant legal or practical barriers to disclosure.
e)
3.9
Where the requisite information set out above is already publically available, it is sufficient to
include a reference (or link) in the EITI Report to publically available registers or cadaster systems.
Allocation of licenses
a)
Implementing countries are required to disclose where licenses are awarded or transferred during
the accounting period covered by the EITI Report, including the process for transferring or
awarding the license, technical and financial criteria used and information about the recipient(s) of
the license that has been transferred or awarded (including consortium members where
applicable).
Formatted: Indent: Left: 1,25 cm
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+ Level: 1 + Numbering Style: a, b, c,
… + Start at: 1 + Alignment: Left +
Aligned at: 0,63 cm + Indent at: 1,27
cm
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+ Level: 1 + Numbering Style: a, b, c,
… + Start at: 1 + Alignment: Left +
Aligned at: 0,63 cm + Indent at: 1,27
cm
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b)
Where licenses are awarded through a bidding process, the government is encouraged to provide
the following information:
i.
ii.
iii.
c)
d)
3.10
a)
b)
c)
the number of applicants;
the bid criteria; and
any deviations from the applicable legal and regulatory framework.
Where the requisite information set out above is already publically available, it is sufficient to
include a reference (or link) in the EITI Report to publically available registers or cadaster systems.
The MSG may wish to include information about the allocation of licenses in the EITI Report,
including summary data and commentary on the efficiency and effectiveness of these systems.
Beneficial ownership
It is recommended that implementing countries address the beneficial ownership of companies
involved in the exploration and exploitation of oil, gas and minerals. Where this information is
already publically available, the EITI Report should include provide guidance on how to access this
information.
The term ‘beneficial owner’ means the natural person(s) who ultimately own or control more than
10% of the corporate vehicle. Publicly listed companies are not required to disclose information on
their beneficial owner(s).
A practical approach might be that the government requests that companies participating in the
EITI process disclose their beneficial owners, or provide a link to where this information is publically
available (e.g., through filing to corporate regulators and stock exchanges).
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+ Level: 1 + Numbering Style: a, b, c,
… + Start at: 1 + Alignment: Left +
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cm
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+ Level: 1 + Numbering Style: a, b, c,
… + Start at: 1 + Alignment: Left +
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cm
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+ Level: 1 + Numbering Style: a, b, c,
… + Start at: 1 + Alignment: Left +
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cm
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Formatted: List Paragraph, Numbered
+ Level: 1 + Numbering Style: a, b, c,
… + Start at: 1 + Alignment: Left +
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cm
Formatted: Font: (Default) Calibri
Formatted: List Paragraph, Numbered
+ Level: 1 + Numbering Style: a, b, c,
… + Start at: 1 + Alignment: Left +
Aligned at: 0,63 cm + Indent at: 1,27
cm
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+ Level: 1 + Numbering Style: a, b, c,
… + Start at: 1 + Alignment: Left +
Aligned at: 0,63 cm + Indent at: 1,27
cm
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Formatted: Font: 10 pt
3.11
a)
b)
Contracts
Implementing countries are encouraged to publicly disclose any contracts, agreements, or other
documents that provide the terms attached to the exploitation of oil, gas and minerals.
The term ‘contract’ means:

the full text of any contract, license, concession or agreement granted by or entered into by the
government regulating rights to explore or/and exploit oil gas and mineral resources;
 The full text of any annex, addendum or rider that establishes details relevant to the exploration
and exploitation rights mentioned above or its execution; and
 the full text of any alteration to the terms of the original contract.
Where implementing countries address this issue, the MSG should agree an appropriate definition and
include it in the EITI Report.
Formatted: Font: (Default) Calibri
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+ Level: 1 + Numbering Style: a, b, c,
… + Start at: 1 + Alignment: Left +
Aligned at: 0,63 cm + Indent at: 1,27
cm
Comment [DR67]:
Formatted: Font: (Default) Calibri
Formatted: Font: (Default) Calibri
Formatted: List Paragraph, Numbered
+ Level: 1 + Numbering Style: a, b, c,
… + Start at: 1 + Alignment: Left +
Aligned at: 0,63 cm + Indent at: 1,27
cm
c) Where Implementing countries address this issue, the EITI Report should provide an overview of the
contracts that are available, and include a reference (or link) to the location where the contracts are
published.
Comment [DR68]:
Comment [DR69]:
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Comment [SB72]:
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Comment [DR78]:
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Comment [SB79]: Some new
requirements here. They are not
considered onerous. Most MSGs have
reviewed these issues in addressing
requirements 12 and 13. Adding this
information to the EITI Report helps
address wider concerns about
strengthening financial management.
Comment [SB80]: A new requirement.
Not onerous. Most countries already do
this. To be supported with a guidance note
from the EITI International Secretariat.
Comment [DR81]:
Comment [SB82]:
Comment [DR83]:
For companies: the International Standards on Auditing (ISA) issued by the International Auditing and Assurance Standards Board
(IAASB). For public entities: the International Standards of Supreme Audit Institutions (ISSAI) issued by the International
Organization of Supreme Audit Institutions (INTOSAI).
Based international standards such as ISRS 4400 and ISRS 4410.
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(Calibri), 9 pt
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Comment [SB84]:
Formatted: Indent: Left: 1,27 cm,
No bullets or numbering
Formatted: Font: Myriad Pro
Formatted: Indent: Left: 1,27 cm,
Space After: 0 pt, Don't add space
between paragraphs of the same style,
No bullets or numbering
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Formatted: Normal, No bullets or
numbering
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line: 0 cm
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pt, No bullets or numbering
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Formatted: Font: 10 pt
Formatted: Indent: Left: 1,27 cm,
No bullets or numbering
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Left: 0 cm
Comment [SB85]:
Comment [DR86]:
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Comment [DR87]:
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Comment [DR97]:
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Comment [DR99]:
Comment [DR100]:
Comment [DR101]:
Style Definition: TOC 1: Font color:
Text 1, Do not check spelling or
grammar
Formatted: Font color: Text 1
Formatted: Default Paragraph Font,
Check spelling and grammar
Formatted: Default Paragraph Font,
Check spelling and grammar
Formatted: Default Paragraph Font,
Check spelling and grammar
Formatted: Default Paragraph Font,
Check spelling and grammar
Formatted: Default Paragraph Font,
Check spelling and grammar
Formatted: Default Paragraph Font,
Check spelling and grammar






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No bullets or numbering

o
o
o
o

Formatted: Bulleted + Level: 1 +
Aligned at: 0,63 cm + Indent at: 1,26
cm
Formatted: Bulleted + Level: 1 +
Aligned at: 1,26 cm + Indent at: 1,9
cm
Formatted: Indent: Left: 1,26 cm,
Hanging: 0,63 cm, Add space between
paragraphs of the same style, Bulleted
+ Level: 1 + Aligned at: 1,26 cm +
Indent at: 1,9 cm

Formatted: Bulleted + Level: 1 +
Aligned at: 0,63 cm + Indent at: 1,26
cm

o
o
Formatted: Bulleted + Level: 1 +
Aligned at: 1,26 cm + Indent at: 1,9
cm
o
o
Comment [SB1]:
Formatted: Indent: Left: 1,26 cm,
Hanging: 0,63 cm, Add space between
paragraphs of the same style, Bulleted
+ Level: 1 + Aligned at: 1,26 cm +
Indent at: 1,9 cm

Formatted: Indent: Left: 0,63 cm,
No bullets or numbering








Comment [DR2]:
Comment [DR3]:
Comment [DR4]:
Formatted: Font: Myriad Pro
SemiCond
Formatted: Font:
Formatted: Level 2, Space Before: 10
pt, Keep with next, Keep lines together,
Tab stops: 7,49 cm, Left
Formatted: Space Before: 10 pt, Tab
stops: 7,49 cm, Left
Formatted: Level 2, Space Before: 10
pt, Keep with next, Keep lines together,
Tab stops: 7,49 cm, Left
Formatted: Level 2, Space Before: 10
pt, Keep with next, Keep lines together,
Tab stops: 7,49 cm, Left
Formatted: Level 2, Space Before: 10
pt, Keep with next, Keep lines together,
Tab stops: 7,49 cm, Left
Formatted: Level 2, Space Before: 10
pt, Keep with next, Keep lines together,
Tab stops: 7,49 cm, Left
Formatted: Level 2, Space Before: 10
pt, Keep with next, Keep lines together,
Tab stops: 7,49 cm, Left
Formatted: Level 2, Space Before: 10
pt, Keep with next, Keep lines together,
Tab stops: 7,49 cm, Left
Formatted: Level 2, Space Before: 10
pt, Keep with next, Keep lines together,
Tab stops: 7,49 cm, Left
Formatted: Level 2, Space Before: 10
pt, Keep with next, Keep lines together,
Tab stops: 7,49 cm, Left
Formatted: Level 2, Space Before: 10
pt, Keep with next, Keep lines together,
Tab stops: 7,49 cm, Left
Formatted: Level 2, Space Before: 10
pt, Keep with next, Keep lines together,
Tab stops: 7,49 cm, Left
Formatted: Level 2, Space Before: 10
pt, Keep with next, Keep lines together,
Tab stops: 7,49 cm, Left
Comment [DR5]:
Formatted: Section start: New page
Formatted: Level 2, Space Before: 10
pt, Keep with next, Keep lines together,
Tab stops: 7,49 cm, Left