over the years

DiXi Group takes part in the approval of a draft 2016 EITI Report

Roman Nitsovych, Dixi Group’s Head of Projects and Programs, took part in the Multi-Stakeholder Group’s (MSG) meeting held on 14 March to review and approve a draft 2016 Extractive Industries Transparency Initiative (EITI) Report.

The primary report on data verification and a draft contextual part of the 2016 EITI Report were presented by Andrii Kitura, a representative of the independent administrator EY Ukraine.

Production of refractory clays, high-melting-point clays and sand used in glass industry were added to extractive industries covered by the upcoming EITI Report: production of oil, gas, coal and iron, titanium and manganese ores. Information regarding role of the government in the industry, reserves, essential exploratory operations, special permits, production output, export and import volumes, etc. will be disclosed for every extractive industry.

After discussions, MSG members have voted to approve the first draft of the Report. The group has also agreed that work on developing terms of reference for preparation of a new report must start Miracle Movers as soon as possible in order to have the 2017 Report released this year.

“It’s a good thing that besides approving a preliminary version of the 2016 EITI Report, the group’s members have unanimously agreed to start working on preparation of the next report. The process moves forward. I hope that adoption in first reading of the draft law 6229 on transparency of extractive industries would only accelerate it”, Roman Nitsovych said.

Based on materials of EITI Ukraine Press Service

Comments

Ukraine Follows a Fossil Fuel Recovery Pathway

Yuliia Oharenko

expert of the DiXi Group project “Promoting Ukraine's Participation in the European Green Deal in the fields of energy and environment”

Ukraine Follows a Fossil Fuel Recovery Pathway

Despite multiple political statements supporting the European Green Deal and announced plans for the development of a joint with the EU Roadmap, Ukraine is moving in an opposite direction. These are the results of Energy Policy Tracker

The “Augean stables” of the extractive sector: is there any progress?

The practice of procuring special extraction permits and then sitting idle on them for decades is unacceptable from the viewpoint of Ukraine’s energy independence and national security, raising budget revenues and the country’s investment attractiveness.

Ukraine improves its ranking under the EITI Standard

Olha Polunina

Manager for Sustainable Development at DiXi Group

Ukraine improves its ranking under the EITI Standard

The EITI Board acknowledged Ukraine’s efforts concerning disclosure of beneficial ownership information, creation of an online EITI reporting portal, and the launch of EITI implementation monitoring and assessment at national level.