On Tuesday morning, July 14, 2015, the first meeting of the National Commission on EITI in Equatorial Guinea was held at the headquarters of the Department of Mining, Industry and Energy, chaired by the Minister Gabriel Mbega Obiang Lima as president of the commission. The meeting was attended by his counterparts from the Ministries of Economy, Planning and Public Investment, Eucario Bakale Angüe and Finance and Budgets, Miguel Engonga Obiang.
The meeting was also attended by the representatives of the companies operating in the hydrocarbons sector, both national and international, and civil society in Equatorial Guinea, all as members of the National Commission on EITI Equatorial Guinea.
Despite being a meeting of first contact, they discussed of various functional and administrative issues such as the review of the Draft Functional Regulation of the commission. They also studied the main guidelines to be followed for the current process of implementing the EITI (Extractives Industries Transparency Initiative) in Equatorial Guinea.
The parties agreed to review all the documentation and send comments and suggestions to the National Coordination, headed by the Directorate General of EITI, in the shortest possible time for submission and approval at the next meeting, proposed for the first half of September.
At the meeting, the chairman of the committee, Gabriel Mbega Obiang Lima, announced to those present the holding, between September 14 and 16, of the meeting of African national coordinators of EITI, to agree on the positions at the next meeting of its board.
EITI is a coalition of governments, companies and members of civil society that work together to improve transparency and the responsible management of natural resources. Equatorial Guinea was a candidate country until 2010. Since then, it strives to be a full member, which is called an EITI Implementing Country.
- Equatorial Guinea EITI : https://eiti.org/equatorial-guinea
- Ministry of Mines, Industry and Energy:Republic of Equatorial Guinea, Ministry of Mines, Industry and Energy
- Ministerio de Minas, Industria y Energía (Dirección General de EITI del MMIE)