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Saudi Aramco 2019 Annual Report

This document is part of the source library for NRGI's 2021 Resource Governance Index, a comprehensive measure of the quality of natural resource governance in oil, gas and mineral-rich countries. To access the full dataset and all other index resources, visit https://resourcegovernanceindex.org.

Data and Resources

Additional Info

Field Value
Sector Oil and Gas
Country Saudi Arabia
Year
RGI Edition Year 2021
Topic Commodity prices, Contract transparency and monitoring, Energy transition, Measurement of environmental and social impacts, Open data, Revenue management, State-owned enterprises, Tax policy and revenue collection
Document Type PDF
RGI Sub-component
RGI Questions 1.4.1a: Are there rules governing fiscal transfers between the government and the SOE?,
1.4.2b: Does the SOE publicly disclose how much revenue it transfers to the government?,
1.4.5b: Has the SOE publicly disclosed annual reports on its finances and operations?,
1.4.9d: Does the SOE publicly disclose a list of its subsidiaries?,
1.4.9e: Does the SOE publicly disclose the costs and revenues deriving from its subsidiaries?,
1.4.6a: Does the SOE publicly disclose its aggregate production volume?,
1.4.6b: Does the SOE publicly disclose its aggregate sales volume?,
1.4.5a: Did an external body audit the SOE's annual financial statements over the most recently completed audit timeframe?,
1.4.4a: From 2015 onwards, did the SOE engage in non-commercial activities (e.g. payments for social services, public infrastructure, fuel subsidies, national debt servicing)?,
1.4.4b: Has the SOE publicly disclosed the amount spent on non-commercial activities?,
1.4b: Does the SOE receive a production share or in-kind payments from extractive companies?,
1.4.7a: Are there rules that govern how the SOE should select the buyers of its production?,
1.4.7b: Are there rules that determine the prices at which the SOE should sell its production?,
1.4.7c: Are there rules that govern how the proceeds from the sale of the SOE's production should be transferred to the government?,
1.4.8a: Does the SOE or government publicly disclose the volume of production sold by the SOE? ,
4.2b: Has the government or a state-owned enterprise announced goals of investing in renewable energy provision?,
4.2.1a: Does the state-owned enterprise publish information on expenditure for exploration and appraisal of new upstream projects in that reporting year?,
4.2.1b: Does the state-owned enterprise publish information on expenditure for development of new upstream projects in that reporting year?,
4.2.1c: Does the state-owned enterprise publish information on it's projected future expenditure on exploration, appraisal and the development of new projects?,
4.2.1d: From 2019 onwards, has the government or a state-owned enterprise disclosed estimated break-even prices for current or projected future upstream projects?,
4.2.1e: From 2019 onwards, has the government or a state-owned enterprise disclosed its estimates for future projected fossil fuel prices and/or the impact that various scenarios would have on the viability of upstream projects?,
4.2.2a: Does the government or a state-owned enterprise report publicly on total emissions generated by operations in the sector?,
4.2.2b: Does the government or a state-owned enterprise report publicly on emissions generated by flaring and venting in the oil and gas sector?,
5.8a: Does the SOE publicly disclose its governance structure?,
5.9c: Does the SOE publish information about procurement contracts awarded?,
5.13a: Does the government or a state-owned enterprise publish information on expenditure for new infrastructure projects built to transport, refine or distribute fossil fuels in that reporting year?
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Are the RGI questions here tagged with law and/or practice Law and
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Publisher
Author
Source or API link https://www.aramco.com/-/media/publications/corporate-reports/saudi-aramco-ara-2019-english.pdf
Maintainer Natural Resource Governance Institute
Maintainer Email Natural Resource Governance Institute