Iraq EITI Latest Annual Report: Disappointing Despite Improvement

By Ahmed Mousa Jiyad.

Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News.

The Iraq Extractive Industries Transparency Initiative (IEITI) published its seventh annual report (Report 2015) on 31 December 2016; a second annual report released in one year after it released its Report 2014 in March 2016 (though the written date was December 2015).

Releasing two annual reports in one year is an achievement by itself, which deserves praise and recognition. Moreover, this is in compliance with the new EITI standard requirement for releasing national annual reports by the compliant countries.

Furthermore, the Report provides very useful updates of and new data on some aspects on upstream petroleum and other petroleum industry sub-sectors.

Report 2015 was prepared, for the first time, by KPMG, the well-known international consulting firm, while the previous six annual IEITI reports were prepared by PwC and E&Y.

I am very grateful to my colleagues at the IEITI National Secretariat and MSG for providing me with copy of the Report once it was approved by the MSG.

Please click here to download Ahmed Mousa Jiyad’s full report.

Mr Jiyad is an independent development consultant, scholar and Associate with the former Centre for Global Energy Studies (CGES), London. He was formerly a senior economist with the Iraq National Oil Company and Iraq’s Ministry of Oil, Chief Expert for the Council of Ministers, Director at the Ministry of Trade, and International Specialist with UN organizations in Uganda, Sudan and Jordan. He is now based in Norway (Email: mou-jiya(at), Skype ID: Ahmed Mousa Jiyad). Read more of Mr Jiyad’s biography here.

One Response to Iraq EITI Latest Annual Report: Disappointing Despite Improvement

  1. Jala Algaood 7th January 2017 at 10:47 #

    Excellent analysis and it is a shame to have such reports issued without any Iraqi experts looking at it? This shows how lost is Iraq, and how far of an abyss did MoO staff fell?
    It is critical for all Iraqi experts to keep vigilant eyes on such reports? and keep providing feedback, maybe someone in this government can hear?