Shaban: "The volume of exports of natural resources not a trade secret"

Azerbaijan has not developed statements in the extraction of natural resources.

According to the chairman of the Oil Research Center Ilham Shaban, according to the agreement with the Government of Azerbaijan in the framework of the contract, the shares in the mining industry and the obligations of the parties are not a trade secret. However, public and private companies conceal not only the mechanisms of management and financial resources, but also the volume of oil and gas, hydrocarbon exports and the amount of taxes to the state budget, which is unacceptable.

In 2013, the oil and gas production in Azerbaijan was done by the state oil company, the international consortium of ACG and 14 operators, including BP Exploration, busy developing Shah Deniz. Revenues from the sales of products Azeri - Chirag - Guneshli (including condensate from Shah Deniz, 81% of all oil production) are 95% of the oil revenues that form the local budget. The Azeri division of BP as the main operator has not created any site, although the operators of Tenghiz, Kashagan and Karachaganak on the other side of the Caspian Sea are accountable to the citizens of Kazakhstan. The site of the corporate headquarters reports on Azerbaijan on 11 pages, but it is difficult to find due to the mass of other information.

Problems with virtual access to public offices are also observed in other operators. Especially it looked through the records of the last year's activities, said the expert. Except BP-Azerbaijan and partly SOCAR, nobody publishes reports on exports, the average annual price of the financial statement and reports on sustainable development. - 17D-