All of oil and gas Latin American companies, except for Venezuela,
are models of transparency in the information released on
their revenues, according to the report Promoting Revenue
Transparency, prepared by Transparency International.
"The message from Latin America is a positive one. Its companies
lead transparency," Juanita Olaya, the author of the report,
told Efe on Monday during the introduction in London.
Olaya said that the governments in the region do not restrict
the information that companies may release, but said that
Venezuela is the exception to the rule.
According to the amount of information published by 42 companies
from different countries throughout the world, particularly
in terms of the payments made to the state for right of use,
the report groups them in three categories: high, middle and
low.
Only one third of the companies are within the "High" category,
including Brazilian Petrobrás and Mexican Pemex, in addition
to some multinationals, such as British Gas, Shell and StatoilHydro.
On the contrary, state-run oil holding Petróleos de
Venezuela (Pdvsa) is in the "Low" category.
"In the case of Pdvsa there is still a long way to go. It
would have to improve the information published on payment
of rights," said Olaya.