Publications

Question 1.1.5c: Following the licensing process, is the licensing authority required to publicly disclose the list of areas or blocks allocated?, 1.1.10d: Is the legislature required to ratify licenses/contracts?

Question 1.4.8a: Does the SOE or government publicly disclose the volume of production sold by the SOE? , 1.4.8c: Does the SOE or government publicly disclose the date of the production sales executed by the SOE? , 1.4.8b: Does the SOE or government publicly disclose the value of the production sold by the SOE?, 1.4.8d: …

Table 6: Principal Exported Products: 2010 to 2012 Read More »

Question 1.1.9a: Is the government required to publicly disclose all signed licenses/contracts with extractive companies?, 2.2c: Do rules specify that subnational governments of producing areas should receive a higher share of extractive resource revenues than those of non-producing areas?, 1.4a: What proportion of equity shares does the government own in extractive companies?, 1.4.7a: Are there …

Decree Law No. 4 of 1977 on Preserving Petroleum Resources Read More »

Question 1.2.6c: Is the national tax authority required to periodically be audited by an external body?, 1.2.6b: Is the national tax authority required to audit extractive companies?, 1.2.5f: Who is the tax authority (i.e. who has the authority to collect taxes and payments from extractive companies)?

Question 1.1b: Who is the licensing authority (i.e. who has the authority to grant exploration and extraction rights to companies)?, 1.1.4c: From 2015 onwards, and prior to each licensing process, did the licensing authority actually disclose the rules governing the licensing process, such as auction or negotiation rules?

Question 2.2.5a: Were transfers of extractive resource revenues to subnational governments externally audited over the most recently completed audit timeframe?, 2.2c: Do rules specify that subnational governments of producing areas should receive a higher share of extractive resource revenues than those of non-producing areas?

Question 1.1.3b: Prior to each licensing process, is the licensing authority required to disclose a list of biddable terms or negotiable terms?, 1.1.10a: From 2015 onwards, has the government publicly disclosed signed licences/contracts?, 1.1b: Who is the licensing authority (i.e. who has the authority to grant exploration and extraction rights to companies)?

Question 2.2.1a: Do rules specify which subnational agencies receive the extractive resource revenues transferred from the central government?

Question 1.3.5a: Do rules require the government to set penalties (i.e. fines, license suspension or license revocation) for non-compliance with environmental mitigation management plans?

Question 1.4a: What proportion of equity shares does the government own in extractive companies?, 1.4.10b: Is the majority of the SOE’s board of directors independent of the government (i.e. at least half of all board members do not hold positions in the current central government)?, 1.4.3a: Is the SOE required to publicly disclose annual reports …

Public Companies Law Read More »