|
Search the Community
Showing results for tags 'alliance for transparency in extractive'.
Found 3 results
-
A report reveals the volume of exports of the Kurdistan region of crude oil within 3 months 2022.09.24 - 12:45 Baghdad - people A specialized international company announced, on Saturday, that the Kurdistan region's exports of crude oil exceeded 37 million barrels, with revenues of more than 3 billion dollars. And Delot Company stated in a report followed by "NAS" (September 24, 2022), that "oil sales from the Kurdistan Region during three months, from the beginning of April until the end of June of the year 2022, amounted to 37 million, 618 thousand, and 577 barrels of oil." She added that "the price of one barrel of oil sold amounted to 100 dollars and 38 cents." He pointed out that "the region achieved more than 3 billion dollars in oil exports, more than one billion of them went to financial dues to companies working in the extraction and production of crude oil." The report also noted that "one billion and 571 thousand and 985 dollars of oil revenues were allocated to disburse the salaries of employees and workers in the public sector in the region." -
Kurdistan government reveals its oil exports and revenues during 2021 2022-03-31 11:56 Shafaq News/ Deloitte, the global financial services company, revealed its report for the year 2021 regarding auditing the quantities of sale and oil revenues of the Kurdistan Region, indicating that the region exported a total of 152 million barrels of oil through the Turkish port of Ceyhan. A statement by the Media and Information Department of the Regional Government, today, Thursday, was received by Shafaq News Agency, that within the framework of the audit process of the oil and gas sector in the Kurdistan Region, and as part of the initiative on transparency in the work program of the regional government, the certified report on new data and information regarding Export, use, expenditures and oil revenues for the four parts of 2021 by Deloitte International. The statement indicated that Deloitte published its report for the year 2021, stating that the Kurdistan Region exported a total of 152 million barrels of oil last year through Ceyhan port, indicating that the average selling price was $59.4 per barrel. The report indicated that the total revenues generated from the sold oil amounted to 9 billion dollars, more than 5 billion of which were oil expenditures, and that the net revenues were approximately 4 billion dollars, which means that about 44% of the revenues entered the treasury of the regional government. For more details
-
Media transparency and publishing details of licensing rounds Monday 22nd March 2021 20 Baghdad: Morning The Iraqi Alliance for Transparency in Extractive Industries held a dialogue session entitled (The importance of the media's role in publishing licensing rounds contracts) on the Zoom platform, with the participation of 16 media professionals, activists and experts. Licensing rounds in front of the public opinion to evaluate the performance of the agencies that manage the implementation of contracts and hold them accountable in the event of diagnosing any failure or shortcomings in their work. Dr. Adnan Baheya, a member of the Iraqi Alliance for Transparency in Extractive Industries, a member of the Iraqi Alliance for Transparency in Extractive Industries, spoke in the session, Dr. Adnan Baheya, and the session was moderated by the National Coordinator of the Iraqi Alliance for Transparency in Extractive Industries, Majed Abu Killal. After several discussions, the participants agreed to present five important recommendations, the most prominent of which is that publishing the licensing round contracts is an important step to enhance transparency in Iraq because these contracts are related to public money management, and the citizen has the right to see them, and the publication of the licensing round contracts signed between Iraqi and foreign companies, It will enable non-governmental organizations, Iraqi civil society and the media to analyze them and facilitate the process of monitoring compliance with its terms by both parties to the contract to ensure proper implementation and diagnose any defects that may harm the public interest. Also, the participants in the session do not believe that the publication of the licensing rounds contracts will lead to any harm to the interests of Iraq because most of the important commercial points are known, but the details remain undisclosed and these details are important for the process of monitoring contract implementation by civil society and the media. The participants also recommended the necessity of preparing a clear mechanism to evaluate the performance of the bodies that manage the implementation of contracts and hold them accountable in the event of any failure or default in their work, noting that these authorities currently work without a mechanism for evaluation and accountability, which is the reason for the failure of those responsible for wasting public funds due to decisions that have been proven wrong. The participants stressed the importance of continuing such sessions between the coalition and the media, to exchange information and promote cooperation to spread awareness about the transparency of the extractive industries sector, as it represents a sector that dominates the state budget revenues, and a huge sector that must be protected from the corrupt.
