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Sovereign Wealth Funds Briefing - Categorized | Compliance/Regulation/Legal

Azerbaijani State Oil Fund: EITI reports in Azerbaijan to be prepared on new standards

Posted on 27 September 2013

The report within the Extractive Industries Transparency Initiative (EITI) on 2013 will be prepared in accordance with the new EITI standards, the head of Azerbaijani State Oil Fund Shahmar Movsumov told journalists on Wednesday.
According to him, in accordance to the new standards, now the report within EITI will not reflect the total volume of transactions within extractive industry, but the contributions of each company which is the member of this initiative………………………………………..Full Article: Source


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