Category: Uncategorized
Over 80 delegates from 20 member countries gathered in Mombasa-Kenya to attend the three day annual meeting event of WGEI whose main objective was to chart a way forward in auditing oil, gas and minerals. The Auditor General of Kenya Mr Edward Ouko who hosted the conference welcomed participants to Mombasa and appreciated the Chairperson … Continue reading “Three-day Annual WGEI meeting held in Mombasa (24th-26th August 2016)”
Building strong Institutions is vital to Natural Resource Management. Citizens are excited about the benefits that come along with oil discoveries at the same time elites are worried about the so called resource curse as it has been witnessed in some resource rich countries. This article, therefore demonstrates the role of the Supreme Audit institutions … Continue reading “The role of Supreme Audit Institutions (SAIs) in the Oil and Gas Sector (Integrating the EI value chain with the Oil and Gas activity chain)”
Tin in Uganda is found in its ore known as cassiterite. It has a number of uses that include coating other metals to avoid rusting. It is used with lead to make solder and when it is mixed with copper it makes bronze. Tin was the first mineral to be mined in Uganda in 1927. … Continue reading “Mineral Resources in Uganda – Tin”
At the 3rd Annual WGEI Conference in Mombasa, the United States Government Accountability Office (GAO) presented a proposed framework for developing guidance on how to approach Extractive Industry (EI) audits. The idea behind this guidance was to create an accessible starting point for someone unfamiliar with extractive industry audits. GAO is proposing to develop a … Continue reading “A Proposed Framework on How to approach Extractive Industry (EI) Audits”
By Dana Wilkins, Natural Resource Governance Institute Supreme audit institutions are the unsung heroes of natural resource governance—or they have the potential to be, at least. SAIs are the first, and in some cases only, independent check on the accuracy of government accounts. They measure the degree to which officials comply with legislation and budgets, … Continue reading “SAIs Have a Critical Part in Extractives Revenue Oversight”
The audit of extractive industries is a priority area for AFROSAI-E. We are therefore focused on building the capacity of auditors in the region to enable them to gain an understanding of the sector and guide them on how to conduct risk assessments of the sector in order to focus their audits where the risk … Continue reading “Building Extractive Industry Audit Capacity in AFROSAI-E”
Recently the Energy Sector team of the OAGU, in collaboration with the INTOSAI Working Group on Audit of Extractive Industries (WGEI), organized a visit to some of the areas of the Albertine Graben Region where Petroleum activities are taking place as well as to the Karuma site, in Northern Uganda, where a major Hydro-electric project … Continue reading “Top management of the Office of the Auditor General of Uganda visits the Albertine Graben and Karuma Hydro Electric Power Project”
The Global Accountability Conference on Oil and Gas was held in Dar-es Salaam 11-12 April. The conference was arranged by the Wajibu Institute of Public Accountability, which was co-founded by former Tanzania Controller and Auditor General, and former AFROSAI-E Chair, Mr. Ludovick Utouh. Wajibu shall focus on accountability on a number of policy areas, and … Continue reading “Global Accountability Conference on Oil and Gas in Dar-es Salaam”
With the ongoing oil crisis, the Ecuadorian State has develop new ways to get financing from exploration and exploitation of crude blocks in the Amazon; resulting in a new type of contract which has raised criticism for its legality. However, with the General State Budget depending mainly of that resource, it is important to describe … Continue reading “A new contractual model is used in the Ecuadorian oil & gas industry for the development of crude fields through private investment”
With last December’s Paris Agreement, the world community agreed on reducing the emission of greenhouse gases severely with the aim to limit global warming. What exactly is agreed on? And even more important from the WGEI perspective: how does it affect the extractive industries? (By Marcoen Roelofs & Jeroen Doornbos, Netherlands Court of Audit) After … Continue reading “What does the Paris Agreement mean for the future of the Extractive Industries”
Recent Comments