Extractive Industries Transparency Initiative (EITI) reports for the first six months of the year 2008 will be collated by Moore Stephens Azerbaijan Limited following the unanimous 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. The group comprises 6 persons equally represented by the Government, NGO's Coalition and extractive industry companies.

The Selection Group assessed the financial and technical proposals of the bidders on August 19, 2008. Four internationally recognized audit companies- Deloitte, PriceWaterHouseCoopers, Ernst & Young and Moore Stephens - operating in the Republic of Azerbaijan were invited to bid.

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