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Albania
Summary
- Albania received a perfect score for regularity, publishing its first report 13 months after it became an EITI candidate. However, the data contained in the report is not detailed enough to effectively open Albania's extractive industries to public scrutiny.
- For example, the report does not disaggregate payments by company or commodity, making it impossible to trace the source of differences between government revenues and total company payments.
- It does not include a detailed explanation of discrepancies between government and company figures. The reconciliation process is unclear, including why some discrepancies were resolved and others were not.
- Only one company's accounts had been audited to international standards. The report does not specify whether government figures had been audited.
- The role of Albania's national oil company is described and its revenue streams are reported separately from private oil companies and the government. $22,965,000 of the total $31,300,000 in oil revenues were received by Alb-petrol, the national oil company.
- Oil revenues are reported in dollars, while mining revenues are reported in lek, and no exchange rate is given. This makes it difficult for readers to compare the sectors.
Data Year
2009
Publication Year
2011
EITI Status
Candidate
Candidate
Report Compiled by Fair Links
EITI report Download PDF
Source mete.gov.al
Government Receipts
$33,258,947.37
Company Payments
$33,920,894.74
GDP, 2009
BILLION US$
source
12.22
Total Government Revenue (% of GDP)
25.88
Reported EI Revenue (% of Total Revenue)
1.05
Report Quality Indicators | ||
1. Regularity | ||
| a) score | 1.00 | |
| b) total reports / implementing years | 1/1 | |
2. Timeliness | ||
| Lag between fiscal year of data and publication year. | 2 | |
3. Materiality | ||
| Report clearly defines a materiality threshold. | No | The production threshold at which mining companies were selected is included. The materiality threshold for revenues is cited, but not defined. |
4. Data Reliability | ||
| Report contains audited data from: | ||
| a) companies | No | Only data from one company, Bankers Petroleum, is audited. |
| b) government | No | |
5. Coverage | ||
| Revenue data includes the following revenue streams: | ||
| a) royalties | Yes | |
| b) taxes | Yes | |
| c) surface, rental or license fees | Yes | |
| d) bonuses | Yes | |
| e) state-owned enterprise (SOE) payments | Yes | |
| f) Report covers all extractive sector companies. | No | All oil companies (9 of 9) reported. 32 of 37 mining companies reported. Total: 41 of 46 companies reported. |
| g) Report states the price of any product received or sold by government. | No | |
| h) Report states the quantity of resources produced. | Yes | Oil production quantities are included, mining production figures are not. |
6. Discrepancies | ||
| Report contains: | ||
| a) information on the cause of revenue discrepancies. | No | There is information about royalty discrepancies, but not other revenue streams. |
| b) reconciled data following the correction of discrepancies. | Yes | Unclear whether the government submitted corrected data. |
7. SOE Revenue Flow | ||
| SOE Revenue Flow data is clearly explained in the report. | Yes | |
8. Disaggregation | ||
| Report provides financial data on individual: | ||
| a) companies | No | |
| b) revenue streams | Yes | |
| c) projects | No | |
| d) commodities | No | Oil and mining revenues are reported separately, but mining revenues are not broken down by commodity. |
9. Comprehensibility | ||
| Report contains: | ||
| a) a summary with key findings and revenue totals | No | |
| b) clear indication of what currencies and units of measurement are used | Yes | |
| c) written explanation of key findings and recommendations | Yes | |
| d) a clear definition of terms | Yes | |
10. Accessibility | ||
| Report is available: | ||
| a) in at least one official language | Yes | |
| b) on a government website | Yes | |
Related Indicators | ||
| Revenue Watch Index, | N/A | |
| Corruption Perception Index, 2010 | 87/178 | |
| Open Budget Survey, 2010 | 33 | |
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