AND ... Link ~ Iraq Publishes Payments From its Oil Exports
Industries Transparency Initiative Extractive in Iraq, the press release of Iraq in the ranks of the leading countries in the adoption of standards of transparency in the extractive industries
20/12/2011 Baghdad
issued a National Secretariat for the initiative first report of the initiative, the Extractive Industries Transparency in Iraq (IEITI) entitled "Match Iraq's oil export revenues for the year 2009." The report, prepared by one of the largest audit firms global sober, matching and audit reports of the revenue provided by the government represented by the Ministry of Finance and Central Bank of Iraq and the Oil Marketing Company on the one hand, and the reports of payments of international companies purchasing oil on the other.
The report found that match the returns that exceeded the 41 billion U.S. dollars resulting from the sale of oil Valy Aalmihmozaah 34 companies on the Asian markets and European and American, have proved the existence of significant differences. And that, although these differences were relatively minor differences but paper does not entail any financial implications for the mechanism and cause of the difference between the oil marketing company with global corporations in the calculation of export shipments made during the night of 31/12/2008 on the night of 31/12 1/1/2009 / 2009 to 1/1/2010.
The release of the report itself is a precedent is the first of its kind in the history of Iraq and the date of the Petroleum Exporting Countries, but in the history of most of the oil-producing countries including the United States, Britain, Russia and other countries that have not yet acceded to the Industries Transparency Initiative extractive (EITI). It thus represents a big shift in the classification of Iraq as the leading country in the subordination of trading its oil revenues to the standards of transparency adopted Doliamn terms of revenue and production volume and the size of Ctiatewalohmah strategic Belhaz being a young democracy in a hot region is stable.
and the National Secretariat as the progress of this modest effort can not fail to make sincere thanks and gratitude to all who contributed in the preparation and issuance of this is not particularly bright, Ladies and Gentlemen, the President and members of the stakeholders and civil society organizations in Baghdad and the Kurdistan region and the rest of the provinces. And the Ministry of oil represented by the Minister and the oil marketing company and the Ministry of Industry and Minerals and the World Bank and the International Secretariat for the initiative of the Extractive Industries Transparency (EITI) and global civil society organizations.
It is noteworthy here that the report is currently available in Arabic, Kurdish and English at the site of the National Secretariat for the initiative on the network Ankpotahopalamkan pull a copy it by clicking on the link. He is now being printed in three languages and distributed in an extended conference held under the patronage of the Prime Minister. Will also hold local conferences in Baghdad and the region and the rest of the provinces in order to define the contribution of the citizens of its importance in the dissemination of public awareness of the Principles of the initiative. Alaa Messenger Mohieldin Secretary-General 20/11/2011
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