Second National Reconcilation Study EITI Peru - unofficial…

Lima, 13 December 2011
Mr José Luis Carbajal Briceño
Technical Secretary of the EITI Peru Multi-Sector Permanent Committee
Director General of the General Office of Social Management
Ministry of Energy and Mines
Dear Mr Carbajal
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In accordance with the Contract undertaken with the Swiss Confederation – State Secretariat for
Economic Affairs – SECO (hereafter called the 'Contract' and 'SECO' respectively), signed on 13 July
2011, of which the EITI Peru Multi-Sector Permanent Committee (hereafter called the 'EITI
Committee') is the beneficiary, and taking in account the following:
- that the date for the commencement of work was set for 5 August 2011
- that it was agreed that Product No. 3, Final Report, would be presented forty (40) calendar
days after validation by the EITI Committee of Product No. 2, Mid-term Progress Report, which
took place on 2 November 2011
- that it shall be necessary for Product 3 to be reviewed and endorsed by the Committee within a
period of no more than ten (10) calendar days from the date of presentation,
please find attached Product 3, Final Report (Third Report). This includes the following:
- an Executive Summary
- the specific methodologies applied
- the final outcomes of the reconciliation involving the payments effected by the participating
companies and the revenues received by the Peruvian State through public institutions and the
respective distribution of such revenues
- conclusions and recommendations.
In addition, statistical information which the Working Committee requested to be included in this
Product has been included. This information includes:
- aggregated total of revenues received by the Peruvian Government from extractive sector
companies that were not signed up to the Initiative during the period 2008 to 2010
- totals represented by oil service contracts during the period 2008 to 2010
- total voluntary mining contribution during the period 2007 to 2011.
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