Print

Main facts

2013
Azerbaijan was re-elected as an EITI International Board member for the next two years

On 23-24 May, 2013 Azerbaijan re-elected to the EITI International Board as a member at the EITI International Conference held in Sydney.

2012
The first EITI implementation report in Azerbaijan was published

On 29 June, 2012, the EITI implementation report covering 2011was published in Azerbaijan. The report was issued in accordance with the rules adopted at the V EITI Global Conference held in Paris in 2011.

2011
Azerbaijan was re-elected as an EITI International Board member for the next two years

Azerbaijan re-elected to the EITI International Board as a member at the V EITI International Conference held in Paris.

2009
The agreement on the establishment of MSG and its activity on implementation of the EITI in Azerbaijan was signed

MSG comprised of 3 primary and 1 alternative members from each Memorandum Parties (Group of Companies, NGO Coalition and Committee) having equal rights was established with an intention to further improve the EITI process, permanently implemented in Azerbaijan within the framework of the Memorandum and to ensure stronger and more effective oversight and management on the EITI process.

2009
Azerbaijan hosted 10th EITI International Board meeting

Following EITI International Board meeting was held in Baku, 14-15 October.

2009
Azerbaijan was the first ever country to complete Validation and become “Compliant” country

The EITI International Board designated Azerbaijan as an EITI Compliant country at the IV EITI International Conference, held on February, 2009 in Doha, Qatar. Azerbaijan was awarded with the “EITI Award 2009” for its achievements in the EITI implementation and for commitment to the EITI principles and criteria. Our country was also re-elected as a member to the EITI International Board.

2008
United Nations General Assembly Resolution on EITI Initiated by Azerbaijan was adopted by consensus

Azerbaijan’s strong belief that transparency is a crucial factor in sustainable development and active participation in EITI since the launch of the Initiative were grounds for it to initiate a United Nations General Assembly Resolution in support of transparency.

2007
Azerbaijan obtained an “EITI Candidate” status

At the III International EITI Board meeting held in Oslo September 2007, Azerbaijan obtained an EITI Candidate status as a result of fulfilment of initial EITI requirements

2007
State Oil Fund was the 2007 UN Public Service Award winner

The State Oil Fund of the Republic of Azerbaijan for the implementation of EITI became a winner of the 2007 United Nations Public Service Award in the category of "Improving transparency, accountability and responsiveness in the Public Service".

2006
Azerbaijan was elected as an EITI International Board member

The III International EITI Conference held in 2006 in Oslo established the EITI International Board to manage EITI at the international level and to oversee the future implementations of EITI principles and criteria. Considering Azerbaijan’s demonstrated leadership in the implementation of EITI it was not surprising that the country was unanimously elected to the Board of EITI at the Conference.

2006
Azerbaijan hosted the International Conference on EITI

On April 6, 2006 the international conference “EITI: Pilot countries’ experience” took place in Baku.

2006
Azerbaijan hosted the EITI International Advisory Group (IAG) meeting.

The EITI IAG meeting was held on 5 April, 2006.

2005
Azerbaijan was elected as member to the IAG

The II International EITI London Conference in March 2005 established an International Advisory Group (IAG) to guide the further work of the International EITI Secretariat on defining and refining proposals on the future of the EITI. Being pioneer of the EITI implementation process and having tremendous experience in the EITI implementation the Executive Director of the State Oil Fund, Chair of the National Committee on EITI was elected as IAG member to represent Azerbaijan.

2005
Azerbaijan disclosed the first EITI report in the world

On March 15, 2005 the Committee on the EITI released the first government reports examined by independent auditor – “Deloitte & Touche” company. The document was the first published report of this kind in the world.

2004
The Memorandum of Understanding on EITI was signed in Azerbaijan

An important step towards implementation of the EITI in the Republic of Azerbaijan was taken on November 24, 2004. The Committee on the EITI, local and foreign extractive industry companies and Coalition for Improving Transparency in Extractive Industries signed Memorandum of Understanding (MOU). It was the first document in the world of this kind.

2003
Azerbaijan became a pioneer country joining the EITI, the Committee on EITI was established

At the I International EITI Conference held in London the President of the Republic of Azerbaijan Mr. Ilham Aliyev declared the decision of the government of Azerbaijan to join the EITI and support the international efforts aimed at ensuring transparency in extractive industries. After the declaration of the decision of the government of Azerbaijan to join the EITI the President Ilham Aliyev instructed to establish an interagency committee on EITI to implement obligations taken at the conference. Cabinet of Ministers of Azerbaijan established Committee on EITI by its Ordinance No .224 dated November 13, 2003.

2002
The EITI was officially announced

The EITI was launched at the World Summit for Sustainable Development in Johannesburg in September 2002.

Contact Us

adressHeydar Aliyev Avenue 165, Baku, AZ1029

phone(+99412) 498 77 53
ext. number 1803

mailFFarzaliyev@oilfund.az