Global Study on Oil & Gas Contracts Transparency & the Energy Transition

Extractives Industry Transparency Initiative (EITI) International Secretariat
This study was produced by NEM Energy. It assesses how contractual provisions are responding to, or reflecting energy transition scenarios, and highlights areas, to be included or strengthened that will be beneficial for all energy stakeholders. The objectives of this study therefore are to:

1) Increase stakeholder understanding of how contract transparency can advance understanding of opportunities and risks related to a country’s energy transition policies and exposure to climate-related risks;

2). Strengthen government and civil society capacity to analyse and understand contractual stipulations and the potential economic, energy and climate security, and legal risks they present;

3). Increase the capacity of civil society actors to monitor contracts and contractual amendments and engage government and industry to ensure these align with energy transition policies.
2020