Extractive Industries Transparency Initiative (EITI) Standard (2023)
EITI: Exploration and Production (Section 3)

Extractive Industries Transparency Initiative (EITI) Standard (2023) EITI-Req.3.1_3.2_3.3: Exploration + production + export data (EITI Requirements 3.1, 3.2 and 3.3)

Requirement 3.1 (Exploration): the implementing country must disclose information about the exploration phase of the extractive sector including locations + activities + estimated volumes. Requirement 3.2 (Production): production data by commodity + by company + by project must be publicly disclosed. Total production volumes + value per commodity + per project + per company are required. Requirement 3.3 (Export data): export data by commodity must be publicly disclosed including total export volumes + value per commodity + per company. Export-data reconciliation with national customs + central bank + tax authority data is encouraged. The Section 3 disclosure regime is the foundation for the Section 4 revenue collection + Section 5 revenue allocation analysis - production + export data anchor the volume basis on which revenue figures can be cross-checked.

Maintained by Gerard BlokdykVerified against the published standard Control text last updated

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