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Big Spenders: Swiss Trading Companies, African Oil and the Risks of Opacity

20 July 2014
Author
Alexandra Gillies, Marc Guéniat, Lorenz Kummer
Download
Report - Big Spenders: Swiss Trading Companies, African Oil and the Risks of Opacity (PDF 2.79 MB)
Big Spenders - Executive Summary (PDF 143.58 KB)
Rapport - Les Négociants Suisses, le Pétrole Africain et les Risques de l’Opacité (French) (PDF 2.86 MB)
Les Négociants Suisses... - Résumé du rapport (PDF 120.88 KB)
Big Spenders - Zusammenfassung der Studie (PDF 118.52 KB)
Topics
Commodity prices, Mandatory payment disclosure, Revenue management, State-owned enterprises, Tax policy and revenue collection
Countries
Ghana, Nigeria, Cameroon, Angola, Equatorial Guinea, Gabon,
Stakeholders
Government officials, Private sector
Precepts
P2 P4 P6 P11 What are Natural Resource Charter precepts?
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The sale of crude oil by governments and their national oil companies (NOCs) is one of the least scrutinized aspects of oil sector governance. This report is the first detailed examination of those sales, and focuses on the top ten oil exporting countries in sub-Saharan Africa. From 2011 to 2013, the governments of these countries sold over 2.3 billion barrels of oil. These sales, worth more than $250 billion, equal a staggering 56 percent of their combined government revenues.

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  • Topics
    Beneficial ownership
    Civic space
    Commodity prices
    Contract transparency and monitoring
    Corruption
    Economic diversification
    Global initiatives
    Legislation and regulation
    Licensing and negotiation
    Mandatory payment disclosure
    Measurement of governance
    Non-fiscal costs and benefits
    Open data
    Revenue management
    Revenue sharing
    Sovereign wealth funds
    State-owned enterprises
    Subnational governance
    Tax policy and revenue collection
  • Approach
    • Stakeholders
    • Natural Resource Charter
    • Regional knowledge hubs
  • Priority
    Countries
    • Colombia
    • Dem. Rep. of Congo
    • Ghana
    • Guinea
    • Indonesia
    • Mexico
    • Mongolia
    • Myanmar
    • Nigeria
    • Tanzania
    • Tunisia
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    • Primers
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