Eurasia

Recent Articles

In June NRGI’s regional office in Eurasia brought together more than 25 multi-stakeholder group (MSG) members from five countries for a collaborative training session on analysis of Extractive Industries Transparency Initiative (EITI) report data. The training took into account a number of EITI reports expected by the end of year.

Negotiating complex mining deals can be challenging for resource-dependent countries under any circumstances. But commodity price volatility adds an additional challenge to the mix, as Mongolia’s recently concluded renegotiation with Rio Tinto on the Oyu Tolgoi project illustrates.

Managing public expectations is one of the toughest challenges that governments face now that commodity prices have dramatically declined. A gathering earlier this month in Tanzania brought together public officials from 15 emerging producers to discuss the implications of the price drop on their strategies.

In the past six months, 24 countries have released new Extractive Industries Transparency Initiative reports disclosing over $200 billion in payments from more than 2,000 companies. These are the first reports prepared under the broader EITI Standard that was introduced in 2013...

Since its launch in 2002, the EITI has improved revenue transparency in many regions. So far, nearly 40 countries have released some 140 EITI reports detailing the receipt of extractive revenues by governments from oil, gas and mining companies. In 2013, implementing countries adopted a new reporting standard, releasing even more detailed information.

This week, NRGI is hosting extractives experts from six countries to at the International Open Data Conference (IODC) in Ottawa, Canada.