ADNOC sustainability report 2014

This document is part of the source library for NRGI's 2017 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.

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Field	Value
Sector	Oil and Gas
Country	United Arab Emirates
Year	2014
RGI Edition Year	2017
Topic	Beneficial ownership, Commodity prices, Contract transparency and monitoring, Licensing and negotiation, Measurement of environmental and social impacts, Open data, Revenue management, State-owned enterprises, Tax policy and revenue collection
Document Type	Report
RGI Sub-component	State-owned enterprises
RGI Questions	1.1.7a: Are senior public officials required to publicly disclose their financial holdings in extractive companies?, 1.1.7b: Do rules require public disclosure of beneficial owners of extractive companies?, 1.1.3a: Is the government required to set pre-defined criteria by which companies become qualified to participate in a licensing process?, 1.1.6c: From 2015 onwards, and after each licensing process, did the licensing authority actually disclose the list of areas/blocks allocated?, 2.1a: When does the country's fiscal year start and end?, 1.2.6b: Is the national tax authority required to audit extractive companies?, 1.3.3a: Are extractive companies required to prepare environmental mitigation management plans prior to development?, 1.4.1a: Are there rules governing fiscal transfers between the government and the SOE?, 1.4.2a: Does the government publicly disclose how much revenue it receives from the SOE?, 1.4.2b: Does the SOE publicly disclose how much revenue it transfers to the government?, 1.4.9d: Does the SOE publicly disclose a list of its subsidiaries?, 1.4.3b: Do rules require a periodic audit of the SOE's financial statements by an external body?, 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?, 1.4.7d: Are there rules that require the SOE or government to publicly disclose information on the sale of production by the SOE?, 1.4.8a: Does the SOE or government publicly disclose the volume of production sold by the SOE? , 1.4.8b: Does the SOE or government publicly disclose the value of the production sold by the SOE?, 1.4.8c: Does the SOE or government publicly disclose the date of the production sales executed by the SOE? , 1.4.8d: Does the SOE or government publicly disclose the names of the companies that bought the production sold by the SOE?, 1.4.3c: Is the SOE required to submit annual reports to the legislature on its commercial, non-commercial (i.e. regulatory) and non-operational activities (i.e. activities not related to resource extraction)?
Did this document contribute to RGI scoring?	Used for scoring
Are the RGI questions here tagged with law and/or practice	Law and Practice (Both)
Publisher	ADNOC
Author
Source or API link	https://www.adnoc.ae/en/images/pdf/ADNOCSustainabilityReport2014_English.pdf
Maintainer	Natural Resource Governance Institute
Maintainer Email	Natural Resource Governance Institute