PUBLIC NOTICE Regional Consultation on the Papua New Guinea Extractive Industries Transparency Commission (DRAFT) Bill

Extractive Industries Transparency Commission Bill ready for regional consultation
June 29, 2021
COMMENTARY: Extractive Industries Transparency Commission Bill Regional Consultation Underway
July 8, 2021

PUBLIC NOTICE Regional Consultation on the Papua New Guinea Extractive Industries Transparency Commission (DRAFT) Bill

PUBLIC NOTICE

REGIONAL CONSULTATION ON THE PAPUA NEW GUINEA EXTRACTIVE INDUSTRIES TRANSPARENCY COMMISSION (DRAFT) BILL

The Government of Papua New Guinea has moved in the direction of taking transparency and accountability within the mining, oil and gas sectors seriously.

Since 2014, the PNG Government has demonstrated its commitment to implementing the Extractive Industries Transparency Initiative (EITI) through the publication of seven reports in compliance with the requirements of the international best practice Standards reporting.

The PNGEITI National Secretariat under the Department of Treasury, coordinates a tripartite Multi-Stakeholder Group consisting of key Government agencies, mining and petroleum companies and civil society organisations for oversight and guidance in the publication process of the EITI Reports.

Papua New Guinea is among 53 countries that promotes transparency and accountability in the mining and petroleum space through the EITI Reporting process.

We are pleased to inform the general public that substantiative work has been undertaken to anchor the Global EITI Reporting Standard and practices into PNG laws, taking into account local practices and the operating environment.

This legislation process is consistent with the Government’s National Policy Framework on Transparency and Accountability adopted in NEC Decision NO. 80/2019.

The proposal to enact into law a transparency commission, is to provide the legal basis to administer and coordinate the publication of the EITI Reports, and its operation as an entity to coordinate implementation of the EITI Standards in the country.

The commission has been proposed to be named as the Extractive Industries Transparency Commission (EIT Commission).

As part of a nationwide consultation on a draft (EIT Commission Bill), a technical team comprising experts from key Government departments will be conducting a consultation on the draft PNG EIT Commission Bill to ensure the proposed legal set-up of this transparency commission adequately reflects the views from all stakeholders as required in this legislative process. This consultation will take into consideration other extractive sectors to include forestry, fisheries and agriculture.

The public, especially the stakeholders in the extractive sector (oil, gas, mining, fisheries, forestry and agriculture) are invited to meaningfully participate in this important consultation at the respective venues and dates as set out in the schedule shown on the picture.

AUTHORIZED BY

LUCAS ALKAN

HEAD OF PNGEITI NATIONAL SECRETARIAT

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