Fran├žais   RWI Home  |  About RWI  |  Our Work  |  News

http://revenuewatch.org/EITIreports

Republic of Congo

2009 Indicator Analysis  |  2008  |  2007  |  2006  |  2005  |  2004


Data Year

2009

Report Published Indicator Analysis

2010

Commodities
Oil & Gas
Current EITI Status
Candidate

Report Quality Analysis



Report Compiled by   Ghelber & Gourdon

EITI report   Download PDF

Source   eiticongo.net



Company Payments

$2,293,891,128

Government Receipts

$2,343,960,553


GDP, 2009 BILLION $ source

9.60

Total Government Revenue (% of GDP)

29.50

Reported EI Revenue
(% of Total Revenue)

82.77



CommodityEITI Production VolumesUnitsIndep. Source Production VolumesUnitsPrice from EITI ReportPer UnitIndep. Reference PricePer UnitTotal Company PaymentsTotal Gov't ReceiptsNotes
Oil 93,028,188bbls*100,010,000bbls* 1
 
$/bbl61.66$/bbl 1
 
 
Djeno Blend54,804,859net bbls
 
 
 
2
Nkossa Blend33,366,937net bbls
 
 
 
3
Azurite1,746,433net bbls
 
 
 
Yombo Fuel Oil3,109,959net bbls
 
 
 
Gas414,112,509m3
 
$/m30.14$/m3 1
 
 
Butane157,446,314m3**
 
 
 
Propane256,666,194m3**
 
 
 
1 BPSR
2 * Net bbls take the temperature and API (gravity) of the oil into consideration, while bbls (which is gross bbls) does not.
3 ** EITI data is in net bbls since both products can be liquefied. In order to compare this data to the independent source gas data, I converted the EITI data into m3. For this conversion I had to assume that net bbl data = barrel of Oil Equivalent (BOE) measurement. Original data in the notes section of the gas production tab.
   EITI report failed to provide this commodity-specific data.

Report Quality Indicators

1. Regularity

a) score0.33 
b) total reports / implementing years2/6 

2. Timeliness

Lag between fiscal year of data and publication year.1 

3. Materiality

Report clearly defines a materiality threshold.Yes Pertains to the acceptable level of difference between payments made and received, with a threshold of 1% (or 2% for foreign currencies).

4. Data Reliability

Report contains audited data from:  
a) companiesNo Audited data was requested, but only some of the companies confirmed that data was from audited statements.
b) governmentNo  

5. Coverage

Revenue data includes the following revenue streams:  
a) royaltiesYes  
b) taxesYes 
c) surface, rental or license feesYes 
d) bonusesYes  
e) state-owned enterprise (SOE) paymentsYes  
f) Report covers all extractive sector companies.No 18/22 companies reported.
g) Report states the price of any product received or sold by government.No  
h) Report states the quantity of resources produced.No  

6. Discrepancies

Report contains:  
a) information on the cause of revenue discrepancies.Yes  
b) reconciled data following the correction of discrepancies.Yes  

7. SOE Revenue Flow

SOE Revenue Flow data is clearly explained in the report.Yes  

8. Disaggregation

Report provides financial data on individual:  
a) companiesNo  
b) revenue streamsYes  
c) projectsNo  
d) commoditiesNo by sector but not commodity

9. Comprehensibility

Report contains:  
a) a summary with key findings and revenue totalsNo 
b) clear indication of what currencies and units of measurement are used Yes 
c) written explanation of key findings and recommendationsYes  
d) a clear definition of termsYes  

10. Accessibility

Report is available:  
a) in at least one official languageYes Not in any of the vernacular languages
b) on a government websiteYes 

Related Indicators

Revenue Watch Index, N/A 
Corruption Perception Index, 2010 154/178 
Open Budget Survey, N/A 



Download and save the current view as a CSV/Excel file, or print this view using the print button above. (To save page with full layout, please select print and choose any available option to print as a PDF file.)