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Mozambique
Summary
- The report includes detailed descriptions of Mozambique's mining and gas sectors, including projected growth, the sector's growing importance to the national economy, and individual companies' activities and production.
- While the report's written elements are thorough and informative, it contains relatively little data. Government only reported receiving payment from two of the six companies covered by the report, making an accurate reconciliation of government and company figures impossible.
- The report does not include payments made by a number of mining and gas companies--including the state-owned gas company--presumably because payments from these companies did not meet the materiality threshold.
- Companies were included only if they paid the government at least 1,500,000MT (about $62,000) in 2008. With total extractive industry revenues of only a few million dollars, Mozambique should consider lowering its materiality threshold to ensure that future reports are more comprehensive. Future reports should include all companies likely to play a significant role in Mozambique's expanding mining and gas sectors, even those that have not yet begun production.
- The report notes which government agency collects each revenue stream, useful information for civil society groups interested in tracking extractive industry financial flows.
- Neither the volume nor value of gas received in-kind is included in the total government and company payments.
Data Year
2008
Publication Year
2011
EITI Status
Candidate
Candidate
Report Compiled by Boas and Associates
EITI report Download PDF
Source itie-mozambique.org
Government Receipts
$3,798,239.82
Company Payments
$8,393,820.21
GDP, 2008
BILLION US$
source
9.919
Total Government Revenue (% of GDP)
25.4
Reported EI Revenue (% of Total Revenue)
0.15
Report Quality Indicators | ||
1. Regularity | ||
| a) score | .50 | |
| b) total reports / implementing years | 1/2 | |
2. Timeliness | ||
| Lag between fiscal year of data and publication year. | 3 | |
3. Materiality | ||
| Report clearly defines a materiality threshold. | Yes | Companies were required to report if relevant payments amounted to 1,500,000.00MT in 2008. |
4. Data Reliability | ||
| Report contains audited data from: | ||
| a) companies | No | |
| 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 | No | |
| e) state-owned enterprise (SOE) payments | Yes | Includes payments made by Companhia Mocambicana de Hidrocarbentos, 70% owned by the national oil/gas company, 20% owned by the government, and 10% private. However, the national oil/gas company itself is not included. |
| f) Report covers all extractive sector companies. | No | Of the 23 extractive companies, only 6 (those in the production phase with organized accounting systems) received reporting templates. 6/6 reported. |
| g) Report states the price of any product received or sold by government. | No | |
| h) Report states the quantity of resources produced. | Yes | |
6. Discrepancies | ||
| Report contains: | ||
| a) information on the cause of revenue discrepancies. | Yes | |
| b) reconciled data following the correction of discrepancies. | No | |
7. SOE Revenue Flow | ||
| SOE Revenue Flow data is clearly explained in the report. | No | Revenue flows of the national oil/gas company (Empresa Nacional de Hidrocarbonetos) are not included. |
8. Disaggregation | ||
| Report provides financial data on individual: | ||
| a) companies | Yes | |
| b) revenue streams | Yes | |
| c) projects | No | Some information on individual products, but no project-by-project revenue data. |
| d) commodities | No | Revenues by sector (gas or mining) only. Some disaggregation by commodity is possible where a company is the only producer of a certain mineral. |
9. Comprehensibility | ||
| Report contains: | ||
| a) a summary with key findings and revenue totals | Yes | |
| 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 | N/A | |
| Corruption Perception Index, 2010 | 116/178 | |
| Open Budget Survey, 2010 | 28 | |
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