NRGI set out to collect total oil, gas and mining revenue data for the countries included in the Resource Governance Index to find out how many dollars flow to governments that mismanage the handling of their natural resources.
Sovereign wealth funds (SWFs) can be effective tools for managing natural resource revenues. However, as their numbers continue to grow, with the largest funds managing hundreds of billions or even a trillion dollars in assets, researchers are paying more attention to how well these funds are governed.
Since its independence from the Soviet Union, the Kyrgyz Republic has undergone more dynamic political development toward democracy compared to neighboring countries. However, it has not met its full economic potential. Continuing reform of its mining sector—identified as one of the five key strategic industries of the economy—is paramount.
С момента обретения независимости после распада Советского Союза политическое развитие демократического процесса в Кыргызской Республике происходило более интенсивно, чем в соседних странах. Однако экономический потенциал страны в полной мере не реализован. Непрерывное реформирование горнодобывающего сектора имеет первостепенное значение, учитывая тот факт, что он является одной из пяти основных стратегических отраслей экономики.
As the Extractive Industries Transparency Initiative (EITI) board met in Bogotá on International Women’s Day this week, it is a perfect moment to reflect on how mechanisms like the initiative can be better harnessed to empower women’s voices in resource governance.
For years, Tanzania learned lessons in effective petroleum resource revenue management from Ghana and Uganda. During the latest regional media training course from NRGI, Tanzania’s recent stewardship of the sector presented lessons for Ugandan and Ghanaian journalists to take home.
Carole Nakhle, an NRGI advisory council member, founder and director of London-based advisory, research and training company Crystol Energy, and founder of Access for Women in Energy, shared her impressions of the global hydrocarbons market, as well as some thoughts on key producers in the Middle East and North Africa, in this interview.