Promoting Revenue Transparency: 2011 Report on Oil and Gas Companies

Page 26

Table 2 NOC-specific questions

1 POINT

N.A

0 POINTS

The performance of NOC groups was already partially analysed in the previous sections (see Diagrams 7 and 12). Diagram 25 summarises the comparative performance of each group for Sections 1 to 3 (including reporting on domestic operations).

*Listed NOCs **NOCs with listed subsidiaries ***non-listed NOCs

NOCs ACTIVITIES

GROUPS OF NOCS – RESULTS BY QUESTIONNAIRE SECTION

SUPPLIES TO GOVERNMENTS

PROCUREMENT

LICENSING CRITERIA

LICENSES

Statoil*

• Listed NOCs achieved the highest average scores in all sections: 37 per cent on reporting on anti-corruption programmes, 79 on organisational disclosure, 20 on international and 77 on domestic country-level disclosure. • On average, NOCs with listed subsidiaries scored: 24 per cent on reporting on anti-corruption programmes, 48 on organisational disclosure, 0 on international and 65 on domestic country-level disclosure.

Pemex*** Sinopec** Sonangol***

• On average, non-listed NOCs scored: 11 per cent on reporting on anti-corruption programmes, 44 on organisational disclosure, 3 on international and 35 on domestic country-level disclosure.

Petrobras* Rosneft* Inpex*

In summary, listed NOCs outperformed other groups in all sections, which is most likely related to higher reporting standards required for publicly listed companies.

SOCAR*** PDVSA*** NNPC*** PetroChina*

Diagram 25 NOC groups - comparative performance in different sections

ONGC* Gazprom* Petronas**

2.0

reporting on anti-corruption programmes

Performance is measured as relative to the NOC average (NOC average=1)

KazMG** SaudiAramco***

1.0

QatarPet***

LISTED NOCs

NIOC*** KPC***

country-level disclosure domestic

organisational disclosure 0.0

NOCs WITH LISTED SUBSIDIARIES

GEPetrol*** Sonatrach*** SNPC***

NON-LISTED NOCs

CNPC** CNOOC**

AVERAGE FOR ALL NOCs

46

Transparency International

Promoting Revenue Transparency

country-level disclosure international

47


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