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Yemen
Summary
- Overall the report is well laid out and easy to follow.
- The report identifies individual oil fields and the principle players in each one.
- It details the in-kind transfers made by companies to the state and the value of the related resources, but does not include sufficient refinery data or information on export prices.
- The report provides a diagram of the different agencies that govern the oil sector. Though it currently covers only oil, it could be expanded as gas and mining operations increase.
- The EITI committee required audited data from both companies and the government. The report states that 10 of 12 companies furnished data from audited reports, but it provides no similar confirmation on the compliance of government agencies with audit requirements.
- A "Special Development Bonus" is included as a revenue stream, but no information is provided on how the funds are used for community and industry development
- The report published in 2010 contains data from 2005-2007, a poor performance for timeliness.
Data Year
2005-07
Publication Year
2010
EITI Status
Compliant
Compliant
Report Compiled by Hart Nurse Ltd/Vision Consulting
EITI report Download PDF
Source yemeneiti.org
Government Receipts
$5,331,162,225.00
Company Payments
$5,331,078,375.00
GDP, 2007
BILLION US$
source
21.65
Total Government Revenue (% of GDP)
33.17
Reported EI Revenue (% of Total Revenue)
74.24
Report Quality Indicators | ||
1. Regularity | ||
| a) score | 0.33 | |
| b) total reports / implementing years | 1/3 | |
2. Timeliness | ||
| Lag between fiscal year of data and publication year. | 3 | |
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 5%. |
4. Data Reliability | ||
| Report contains audited data from: | ||
| a) companies | No | 10/12 submitted data from audited reports. |
| b) government | No | Requested by EITI committee but not confirmed by reporting agencies. |
5. Coverage | ||
| Revenue data includes the following revenue streams: | ||
| a) royalties | N/A | |
| b) taxes | Yes | |
| c) surface, rental or license fees | No | |
| d) bonuses | Yes | |
| e) state-owned enterprise (SOE) payments | Yes | |
| f) Report covers all extractive sector companies. | Yes | 12/12 companies reported. |
| g) Report states the price of any product received or sold by government. | Yes | |
| 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. | No | |
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 | |
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 | Report available in Arabic. |
| b) on a government website | Yes | |
Related Indicators | ||
| Revenue Watch Index, 2010 | 60.5 | |
| Corruption Perception Index, 2010 | 146/178 | |
| Open Budget Survey, 2010 | 25 | |
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