Extractive Industries Transparency Initiative (EITI) reports for the year 2006 will be collated by Moore Stephens Azerbaijan Limited following the decision of the Selection Group, which was established in accordance with the Memorandum of Understanding signed to implement EITI in Azerbaijan between the governmental Committee on EITI, foreign and local extractive industry (oil and gas) companies and the NGOs' Coalition for Increasing Transparency in Extractive Industries. Tender has been announced by bp, as the foreign and local companies are to pay audit company's fees for collation of the next (sixth) cycle reports as per MOU.

The Selection Group assessed the financial and technical proposals of the bidders on May 21, 2007. Five internationally recognized audit companies- Deloitte, PriceWaterHouseCoopers, Ernst & Young, Moore Stephens and KPMG - operating in the Republic of Azerbaijan were invited to bid.

Moore Stephens was founded in London in 1907. Working in 93 countries worldwide the Moore Stephens International network is now one of the leading international accounting and consulting networks.