- Energy Transition: Projections of peak oil, gas, and coal demand before 2030 deemed ‘extremely risky and impractical’
- Africa: BW Offshore wraps up much-anticipated sale of Nigerian FPSO
- Senegal: European JV aims to revolutionize country’s power infrastructure
- Congo: Eni, Lukoil, and SNPC ink LNG sale and purchase agreement in a ‘significant milestone’
- Aramco CEO calls for ‘more realistic and robust’ multi-source plan in global energy transition
In the majority of EITI countries, revenues from oil, gas and mining account for more than 20% of the government’s total income.
In a majority of the EITI countries, the income from extracting natural resources is a crucial component of the government’s finances. In four of the countries that have published EITI Reports to date resource revenues comprise over 90%.
The data from this chart is drawn from data.eiti.org and IMF World Economic Outlook.