As part of the KRG's drive to promote transparency, Deloitte have been commissioned to produce an audited report detailing oil and gas exports, production costs, and revenues for the second half of 2021. The report, which analyzes the oil and gas industry on a quarterly basis, is now available as a PDF in English, Kurdish […]
By Ahmed Mousa Jiyad. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. IEITI Annual Reports Continue but Changes in Form, Quality and Substance are Crucial and Needed Iraq Extractive Industry Transparency Initiative (IEITI) issued its 2018 annual report and, currently, is processing its combined […]
Deloitte report on Oil and Gas review in the Iraqi Kurdistan Region - Q1 and Q2 of 2021 The KRG has published the reports containing verified statistics covering the Kurdistan Region's oil exports, consumption and revenues for covering period 1 January 2021 to 30 June 2021. During the first half of 2021, the KRG exported […]
With the deposit of the instrument of ratification at the UN Headquarters in New York, Iraq becomes the ninth State Party to the United Nations Convention on Transparency in Treaty-based Investor State Arbitration, also known as the "the Mauritius Convention on Transparency". Iraq joins Australia, Benin, Bolivia, Cameroon, Canada, Gambia, Mauritius and Switzerland as a […]
Deloitte report on Oil and Gas review in the Iraqi Kurdistan Region - Q1 to Q4 of 2020 The KRG has published a report containing verified statistics covering the Kurdistan Region's oil exports, consumption and revenues for period 1 January 2020 to 31 December 2020, along with the consolidated report for the year 2020. The report, […]
Deloitte report on Oil and Gas review in the Iraqi Kurdistan Region - Q1 to Q3 of 2020 The KRG's Regional Council of Oil and Gas Affairs has published a report containing verified statistics covering the Kurdistan Region's oil exports, consumption and revenues for period 1 January 2020 to 30 September 2020. The report, available […]
By Ahmed Mousa Jiyad. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. EITI Restores Iraq’s Compliance Status, with Conditions Attached The board of the Extractive Industries Transparency Initiative (EITI) decided on 16 October 2019 to reinstated Iraq status as a “compliant” country in conformity […]
The EITI Board has decided that Iraq has made meaningful progress in implementing the EITI Standard. Validation, the EITI’s quality assurance process, found that Iraq’s performance in implementing EITI Requirements has improved markedly since the country’s first Validation in 2017. Iraq’s suspension as a result of poor results in its first Validation has now been lifted, […]
By Ahmed Mousa Jiyad. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The Ministry of Oil: Reduced Transparency and the Return of Deplorable Secrecy Slowly but surely an environment of shrinking transparency at the Ministry of Oil is becoming increasingly visible, deepening and damaging, […]
By Ahmed Mousa Jiyad. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Introduction Within eight months, between December 2015 and July 2016, the National Secretariat (NS) of the Iraqi Extractive Industry Transparency Initiative (IEITI) launched two annual reports (2013 & 2014) and Inception Report […]
Transparency Governance in Iraq’s Extractive Industry at a Crossroads by Ahmed Mousa Jiyad, Iraq/ Development Consultancy and Research, Phone: (+47) 5659 5699 Email: [email protected] Iraq has done rather well by joining and acquiring compliance status with Extractive Industry Transparency Initiative (EITI). Significant aspects of transparency are observed; vital entities created and annual reports delivered. Yet, […]
By Ahmed Mousa Jiyad. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The Iraqi Extractive Industries Transparency Initiative-IEITI (now called Iraq Revenue Transparency-IRT) issued its second report, entitled “Oil Export and Field Development Revenues in 2010”, on 27 December 2012. The Report was released […]
