oil fund

STATE OIL FUND OF THE REPUBLIC OF AZERBAIJAN

Azerbaijan discloses tenth EITI report

12 Jun 2009 11:00:00

Azerbaijan discloses tenth EITI report

12 Jun 2009 11:00:00

The Committee on Extractive Industries Transparency Initiative ("EITI") established by the Government of Azerbaijan to implement its obligations taken at the conference on EITI held in June 2003 in London, on 12 June, 2009 announced the release of the Government's tenth EITI report (Jan-Dec 2008 assertion) audited by Deloitte and Touche, the independent Aggregator. The release is accompanied by the Aggregator's opinion based on individual submissions of extractive industry companies participating in the EITI process in Azerbaijan.

The full report as well as the Aggregator's opinion on the document has already been disclosed on web sites of the State Oil Fund (SOFAZ) (www.oilfund.az) , the International EITI Secretariat (www.eiti.org) and the Non-Governmental Organizations (NGOs) Coalition for Increasing Transparency in the Extractive Industries of the Republic of Azerbaijan (www.eiti-az.org).

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