working with governments and civil society to implement the Extractive Industries Transparency Initiative

ExxonMobil has played a key role in assisting countries such as Azerbaijan, Kazakhstan, and Nigeria in their efforts to implement the Extractive Industries Transparency Initiative(EITI).

We are participating in Cameroon’s implementation of EITI, which has already resulted in the publication of two reports by the government of Cameroon.

ExxonMobil is playing an industry leadership role in assisting the government of Equatorial Guinea with implementation of reporting under EITI, by helping educate civil society on EITI and by getting stakeholders in the EITI process to agree on the government’s work plan for EITI implementation. We helped prepare a model EITI implementation work plan, a memorandum of understanding for stakeholders, reporting templates, and terms of reference for implementation, which are being reviewed by the government of Equatorial Guinea, civil society, and participating companies.

We are also providing assistance to the government of Madagascar regarding the current status of EITI implementation in light of EITI’s new validation procedure.

During 2007, Esso Chad participated in meetings with Chadian government officials and civil society to facilitate the establishment of a transparency regulation. In December, the government of Chad issued a decree, which establishes EITI rules and monitoring processes for extractive industries.