The MOU on the implementation of the Extractive Industries Transparency Initiative (EITI) in Trinidad and Tobago, will be signed by leaders from twenty-two (22) of the country’s major oil, gas producing and mining companies, five (5) Civil Society Organizations and Senator the Honourable Franklin Khan, Minister of Energy and Energy Industries on behalf of the Government.
This MOU serves to allow the Government – through the Ministries of Energy and Energy Industries and Finance and the Economy – and the participating companies to voluntarily agree to provide their revenue receipt and payment data to an independent auditing firm. This information will be reconciled and made publicly available in TTEITI Reports. The MOU will remain in effect for the upcoming two TTEITI Reports.