Applying the 2013 Extractive Industries Transparency Initiative Standard in Liberia - Gap Analysis and Recommendations - April 2015

Sep 12, 2026

A gap analysis and recommendations report evaluates how Liberia can implement the 2013 Extractive Industries Transparency Initiative (EITI) Standard. Prepared in April 2015 and approved in May 2015 by the LEITI Multi-Stakeholder Steering Group, the document reviews key areas including allocation of rights, license registry and allocation, beneficial ownership, contract disclosure, production data, revenue collection, legal and fiscal frameworks, and disaggregated reporting. It also addresses infrastructure and barter arrangements, state-owned enterprise reporting, subnational revenues, social impact, and electronic and timely reporting requirements, alongside impact and funding considerations.

LanguageEnglish

CategoryGeneral

FormatPDF

Pages65

Reading Time23 min

AccessFree to download

EXECUTIVE SUMMARY

INTRODUCTION

ALLOCATION OF RIGHTS

LICENSE REGISTRY §3.9

LICENSE ALLOCATION §3.10

BENEFICIAL OWNERSHIP §3.11

CONTRACT DISCLOSURE §3.12

PRODUCTION DATA

EXPLORATION ACTIVITIES §3.3, TOTAL PRODUCTION §3.5(a) & §3.4(e), TOTAL EXPORTS §3.5(b)

REVENUE COLLECTION

LEGAL FRAMEWORK AND FISCAL REGIME §3.2

TAXES AND PRIMARY REVENUES § 4.1(a) & (b)

ECONOMIC CONTRIBUTION §3.4(a)-(c)

STATE-OWNED ENTERPRISES

SOE LEVEL OF OWNERSHIP §3.6(c)

SOE PAYMENTS AND TRANSFERS §3.6(a) & 4.2(c)

SOE EXPENDITURES §3.6(b)

SUBNATIONAL REVENUES

SUBNATIONAL PAYMENTS/RECEIPTS §4.2(d) AND SUBNATIONAL TRANSFERS §4.2(e)

SOCIAL IMPACT

EMPLOYMENT §3.4(d)

SOCIAL EXPENDITURES §4.1(e)

REVENUE ALLOCATION

DISTRIBUTION OF REVENUES §3.7 and §3.8

ELECTRONIC AND TIMELY REPORTING

ELECTRONIC AND TIMELY REPORTING §5.3(b) & §2.2 AND DATA CODING §6.2

IMPACT AND FUNDING

GOVERNMENT COMMITMENT AND OVERSIGHT §1.3(a)(e)(f)

PUBLIC DEBATE §6.1(d) and FUNDING §1.4(d)

Applying the 2013 Extractive Industries Transparency Initiative Standard in Liberia Gap Analysis and Recommendations April 2015 This report “Applying the 2013 Extractive Industries Transparency Initiative Standard in Liberia: Gap Analysis and Recommendations” was approved by the LEITI Multi-‐Stakeholder Steering Group on May 20, 2015. Published, with funding from GIZ, by: LEITI Secretariat Old Bureau of the Budget Building Redemption Road, Adjacent the Executive Mansion Capitol Hill Monrovia, Liberia T +231 6 434 547 [E info@leiti.org.lr](E info@leiti.org.lr)[ ](E info@leiti.org.lr)[I www.leiti.org.lr](I www.leiti.org.lr) National Coordinator: Konah D. Karmo Author: Tove Straus TABLE OF CONTENTS TABLE OF CONTENTS ............................................................................................................. III ABBREVIATIONS ..................................................................................................................... V EXECUTIVE SUMMARY .......................................................................................................... VII INTRODUCTION ...................................................................................................................... 1 ALLOCATION OF RIGHTS ......................................................................................................... 5 LICENSE REGISTRY §3.9 ....................................................................................................................................................... 5 LICENSE ALLOCATION §3.10 .............................................................................................................................................. 9 BENEFICIAL OWNERSHIP §3.11 ...................................................................................................................................... 13 CONTRACT DISCLOSURE §3.12 ........................................................................................................................................ 16 PRODUCTION DATA .............................................................................................................. 19 EXPLORATION ACTIVITIES §3.3, TOTAL PRODUCTION §3.5(a) & §3.4(e), TOTAL EXPORTS §3.5(b) ..... 19 REVENUE COLLECTION .......................................................................................................... 23 LEGAL FRAMEWORK AND FISCAL REGIME §3.2 ........................................................................................................ 23 ECONOMIC CONTRIBUTION §3.4(a)-‐(c) ........................................................................................................................ 26 TAXES AND PRIMARY REVENUES § 4.1(a) & (b) ........................................................................................................ 28 INFRASTRUCTURE/BARTER ARRANGEMENTS §4.1(d) .......................................................................................... 30 TRANSPORTATION REVENUES §4.1(f) ......................................................................................................................... 32 DISAGGREGATION §5.2(e) ................................................................................................................................................ 34 STATE-‐OWNED ENTERPRISES ................................................................................................ 36 SOE LEVEL OF OWNERSHIP §3.6(c) ............................................................................................................................... 36 SOE PAYMENTS AND TRANSFERS §3.6 (a) & 4.2(c) .................................................................................................. 38 SOE EXPENDITURES §3.6(b) .............................................................................................................................................40 SU

FAQs

What is the purpose of this report on Liberia and the 2013 EITI Standard?

The report analyzes gaps and provides recommendations for applying the 2013 Extractive Industries Transparency Initiative Standard in Liberia, focusing on how existing arrangements align with EITI requirements.

Which topics are covered under allocation of rights and licensing?

It reviews key EITI areas including license registry and allocation, beneficial ownership, and contract disclosure, mapped to relevant EITI provisions.

How does the report address reporting and oversight mechanisms?

It includes sections on production and revenue reporting, state-owned enterprise and subnational data, social impact, and requirements for electronic and timely reporting, as well as government commitment, oversight, public debate, and funding.

Sep 12, 2026

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