REG - Tullow Oil PLC Tullow Oil PLC - FP Tullow Oil PLC - NP - Report on Payments to Governments 2018
RNS Number : 4746CTullow Oil PLC17 June 2019Tullow Oil plc
Report on payments to governments for the year 2018
Introduction
Tullow Oil plc has prepared the following consolidated report in respect of payments made to governments for the year ended 31 December 2018 in accordance with the Reports on Payments to Governments Regulations 2014 (2014/3209) as amended by the Reports on Payments to Governments (Amendment) Regulations 2015 (2015/1928) and DTR 4.3A of the Financial Conduct Authority's Disclosure and Transparency Rules. Further details, including the basis of preparation, can be found on pages 171 to 177 of the Company's Annual Report and Accounts.
This report is available for download from http://www.tullowoil.com/investors/regulatory-news.
Disclosure by licence and country
Production
EntitlementProduction
Entitlements*
Income Taxes
Royalties
(Cash only)
Dividends
Bonus Payments
Licence Fees
Infrastructure Improvements
BBL000
$000
$000
$000
$000
$000
$000
$000
CI-26 Espoir
-
3,514
-
-
-
-
-
-
CI-520
-
-
-
-
-
-
375
-
CI-521
-
-
-
-
-
-
375
-
CI-522
-
-
-
-
-
-
375
-
CI-524
-
-
-
-
-
-
1000
-
Total Cote d'Ivoire
-
3,514
-
-
-
-
2,125
-
Ceiba
137
9,385
-
-
-
-
-
-
Okume Complex
351
24,043
-
-
-
-
-
-
Tullow Equatorial Guinea Ltd.
-
-
12,976
-
-
-
-
-
Total Equatorial Guinea
488
33,428
12,976
-
-
-
-
-
Echira
-
-
-
2,963
-
-
-
-
Ezanga
-
-
-
2,770
-
-
-
-
Ingongo
-
-
-
26
-
-
-
-
Limande
-
-
-
4,719
-
-
-
-
M'Oba
-
-
-
109
-
-
-
-
Niungo
-
-
-
4,715
-
-
-
-
Tchatamba Marin
-
-
-
10,807
-
-
-
-
Turnix
-
-
-
2,459
-
-
-
-
Oba
-
-
-
1,631
-
-
-
-
Tullow Oil Gabon SA
-
-
7,186
-
-
7,000
-
-
Tulipe Oil SA
-
-
754
-
-
1,000
-
-
Total Gabon
-
-
7,940
30,199
-
8,000
-
-
Deep Water Tano
-
-
-
-
-
-
8
-
Jubilee Field Unit area
550
37,675
-
-
-
-
6
-
TEN Development area
555
38,040
-
-
-
-
45
-
Tullow Ghana Ltd.
-
-
52,000
-
-
-
-
2,175
Total Ghana
1,105
75,715
52,000
-
-
-
59
2,175
PSC B (Chinguetti EEA)
-
-
-
-
-
-
35
-
Block C-3
-
-
-
-
-
-
22
-
Total Mauritania
-
-
-
-
-
-
57
-
Block 10BA
-
-
-
-
-
-
231
-
Block 10BB
-
-
-
-
-
-
93
-
Block 12B
-
-
-
-
-
-
93
-
Block 13T
-
-
-
-
-
-
19
-
Tullow Kenya B.V.
-
-
1
-
-
-
-
51
Total Kenya
-
-
1
-
-
-
436
51
Tullow Mozambique Ltd.
-
-
1
-
-
-
-
-
Total Mozambique
-
-
1
-
-
-
-
-
PEL 37
-
-
-
-
-
-
175
-
Total Namibia
-
-
-
-
-
-
175
-
PEL 28
-
-
-
-
-
-
71
-
Total Zambia
-
-
-
-
-
71
-
Production entitlements
Production entitlements*
Income
taxesRoyalties
(cash only)
Dividends
Bonus payments
Licence
feesInfrastructure improvement
BBL 000
$000
$000
$000
$000
$000
$000
$000
Tullow Uganda Ltd.
-
-
-
-
-
-
158
-
Total Uganda
-
-
-
-
-
-
158
-
Orinduik
-
-
-
-
-
-
40
-
Total Guyana
-
-
-
-
-
-
40
-
Walton Morant
-
-
-
-
-
-
128
-
Total Jamaica
-
-
-
-
-
-
128
-
Kohat
-
-
-
-
-
-
-
2
Kohlu
-
-
-
-
-
-
4
9
Tullow Pakistan Developments Ltd.
-
-
1,103
-
-
-
-
-
Total Pakistan
-
-
1,103
-
-
-
4
11
Boulton B&F
-
-
-
-
-
-
61
-
Murdoch
-
-
-
-
-
-
197
-
Ketch
-
-
-
-
-
-
138
-
Schooner
-
-
-
-
-
-
151
-
Munro (44/17B)
-
-
-
-
-
-
90
-
Kelvin
-
-
-
-
-
-
123
-
Katy
-
-
-
-
-
-
22
-
CMS
-
-
-
-
-
-
5
-
P037
-
-
-
-
-
-
5
-
P039
-
-
-
-
-
-
103
-
P852
-
-
-
-
-
-
326
-
Total UK
-
-
-
-
-
-
1,221
-
Tullow Norway
-
-
(1,364)
-
-
-
-
-
Total Norway
-
-
(1,364)
-
-
-
-
-
Tullow Netherlands Holdings Co-op
-
-
5,485
-
-
-
-
-
Total Netherlands
-
-
5,485
-
-
-
-
-
*Where production entitlement is paid in barrels this has been multiplied by the Group's 2018 average realised oil price of $68.5/bbl. Production entitlements disclosed for Ghana excludes 4,467,372 bbls and 3,067,887 bbls received by GNPC in respect of its equity interest in Jubilee and TEN, respectively.
Disclosure by government
Production
Entitlements
Production entitlements*
Income taxes
Royalties (cash only)
Dividends
Bonus payments
Licence fees
Infrastructure improvement
bbls'000
USD'000
USD'000
USD'000
USD'000
USD'000
USD'000
USD'000
The Republic of Cote d'Ivoire, Ministry of Mines and Petroleum Resources
-
3,514
-
-
-
-
2,125
-
Total Côte d'Ivoire
-
3,514
-
-
-
-
2,125
-
Republic of Equatorial Guinea, Ministry of Mines, Industry and Energy
488
33,428
-
-
-
-
-
-
Republica de Guinea Ecuatorial, Ministeria de Hacienda y Presupuestas
-
-
12,976
-
-
-
-
-
Total Equatorial Guinea
488
33,428
12,976
-
-
-
-
-
DGE (General management of taxes)
-
-
7,940
-
-
-
-
-
Gabonese Public Treasury - Ministry of Finance
-
-
-
30,199
-
8,000
-
-
Total Gabon
-
-
7,940
30,199
-
8,000
-
-
Ghana National Petroleum Corporation
1,105
75,715
-
-
-
-
-
-
Ghana Revenue Authority
-
-
52,000
-
-
-
59
2,175
Total Ghana
1,105
75,715
52,000
-
-
-
59
2,175
Hydrocarbon Fund, République Islamique de Mauritanie
-
-
-
-
-
-
22
-
bbls'000
USD'000
USD'000
USD'000
USD'000
USD'000
USD'000
USD'000
Ministry of Energy and Peteroleum
-
-
-
-
-
-
35
-
Total Mauritania
-
-
-
-
-
-
57
-
Kenya Revenue Authority
-
-
1
-
-
-
-
51
Ministry of Energy and Petroleum
-
-
-
-
-
-
436
-
Total Kenya
-
-
1
-
-
-
436
51
AC Advisory & Consulting (Non Governmental)
-
-
1
-
-
-
-
-
Total Mozambique
-
-
1
-
-
-
-
-
Ministerial Deposit Account
-
-
-
-
-
-
175
-
Total Namibia
-
-
-
-
-
-
175
-
Zambian Ministry of Mines and Mineral Development
-
-
-
-
-
-
71
-
Total Zambia
-
-
-
-
-
-
71
-
Ministry of Energy and Minerals Development
-
-
-
-
-
-
158
-
Total Uganda
-
-
-
-
-
-
158
-
Guyana Geology and Mines Commission (GGMC)
-
-
-
-
-
-
40
-
Total Guyana
-
-
-
-
-
-
40
-
Petroleum Corporation of Jamaica
-
-
-
-
-
-
128
-
Total Jamaica
-
-
-
-
-
-
128
-
Belastingdienst
-
-
5,485
-
-
-
-
-
Total Netherlands
-
-
5,485
-
-
-
-
-
Norwegian Tax Administration.
-
-
(1,364)
-
-
-
-
-
Total Norway
-
-
(1,364)
-
-
-
-
-
Directorate General Petroleum Concessions account (DGPC)
-
-
1,103
-
-
-
-
-
Joint account of District Government
-
-
-
-
-
-
-
11
Federal Board of Revenue
-
-
-
-
-
-
4
-
Total Pakistan
-
-
1,103
-
-
-
4
11
Department of Business, Energy & Industrial Stratergy
-
-
-
-
-
-
11
-
Oil and Gas Authority
-
-
-
-
-
-
1,210
-
Total UK
-
-
-
-
-
-
1,221
-
*Where production entitlement is paid in barrels this has been multiplied by the Group's 2018 average realised oil price of $68.5/bbl. Production entitlements disclosed for Ghana excludes 4,467,372 bbls and 3,067,887 bbls received by GNPC in respect of its equity interest in Jubilee and TEN, respectively.
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