About reporting

Form and timing of submission of reports on all state receipts from the utilization of natural resources and payments of local and foreign companies operating in the extractive industries of the Republic of Azerbaijan in accordance with international standards for transparency and accountability in the extractive industries are determined by the Extractive Industries Transparency Commission. EIT reporting is implemented according to the following stages:

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Defining the scope of EIT reporting

1. Defining the scope of EIT reporting

Selection of the independent auditor to prepare EIT report

2. Selection of the independent auditor to prepare EIT report

Collecting the individual reporting forms of extractive companies and government bodies

3. Collecting the individual reporting forms of extractive companies and government bodies

Reconciliation of the individual reports, determination and explanation of discrepancies. Collecting general information on country’s extractive industry.


4. Reconciliation of the individual reports, determination and explanation of discrepancies. Collecting general information on country’s extractive industry.

Presentation of the draft EIT report

5. Presentation of the draft EIT report

Collection of comments from all parties including the Commission and improvement of the draft EIT report considering collected comments

6. Collection of comments from all parties including the Commission and improvement of the draft EIT report considering collected comments

Presentation of the final EIT report

7. Presentation of the final EIT report

Preparation of official opinions by civil society and other parties on the final EIT report

8. Preparation of official opinions by civil society and other parties on the final EIT report 

Preparation of the consolidated EIT report in modern design and printing; delivering to the broad audience

9. Preparation of the consolidated EIT report in modern design and printing; delivering to the broad audience

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The Extractive Industries Transparency Commission established by according to the Decree of the President of the Republic of Azerbaijan "On additional measures to increase transparencey and accountability in the extractive industry" number 1315 dated April 5, 2017. The Commission on the basis of international principles implements the application of the principles of transparency and accountability in the extractive industry of the country and cooperates with extracting companies, civil society, experts and international organizations.

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