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REG - BP PLC - Payments to Govts 2022 Part 1 of 1

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RNS Number : 5121D  BP PLC  22 June 2023

( )

 

 BP p.l.c.

 Report on payments to governments

 Year ended 31 December 2022

 

 

 

Contents

 

 

 

 

 Introduction          3

 Basis of preparation  3

 Payments overview     6

 Payments by country   7

 Other resources       29

 

 

Introduction

 

BP p.l.c. has prepared the following consolidated report ('Report') on
payments to governments 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), (the
'Regulations'). The Report also addresses BP p.l.c.'s reporting obligations
under DTR 4.3A of the Financial Conduct Authority Disclosure Guidance and
Transparency Rules. The 'Basis of Preparation' section below contains
information about the content of the Report, the types of payments included
and the principles that have been applied in preparing the Report.

 

bp's socioeconomic contribution

bp makes a broader socioeconomic contribution to countries in which we operate
in addition to the payments that are required to be reported under the
Regulations. We make payments to governments in connection with parts of our
business other than extractive activities - for example in relation to the
transportation, trading, manufacture and marketing of oil and gas. As well as
government payments, bp contributes to the economies of the countries in which
we operate by providing jobs for employees and contractors, purchasing
materials from local suppliers and undertaking social investment activities.
See the Other resources section at the end of the Report for more information
on our socioeconomic contribution and our position on tax and financial
transparency.

 

bp's position on revenue transparency

bp supports transparency in the flow of revenue from oil and gas activities to
governments. This helps citizens hold public authorities to account for the
way they use funds received through taxes and other agreements

 

 

 

 

Basis of preparation

 

Under the Regulations, the directors of BP p.l.c. are required to prepare a
consolidated report on payments made to governments for each financial year in
relation to relevant activities of both BP p.l.c. and any of its subsidiary
undertakings included in the consolidated group accounts. The term 'bp' is
used interchangeably within this Report to indicate BP p.l.c. or any
subsidiary undertaking within the scope of the Report.

 

Activities within the scope of the Report

Payments made to governments that relate to bp's activities involving the
exploration, prospection, discovery, development, and extraction of minerals,
oil, natural gas deposits or other materials ('extractive activities') are
included in this Report.

 

Payments made to governments that relate to trading, export (pipelines),
refining and processing, renewables projects and other activities that are not
within the scope of extractive activities as defined by the Regulations are
not included in this Report.

 

Where a payment relates to activities that are reportable under the
Regulations as well as to activities which are not reportable, bp reports the
payment in its entirety if it is not possible to disaggregate it.

 

Government

Under the Regulations, a 'government' is defined as any national, regional or
local authority of a country, and includes a department, agency or undertaking
that is a subsidiary undertaking controlled by such an authority. In some
countries, certain local indigenous organizations fall within this definition
of government. Where this is the case, payments made to such organizations
have been included in this Report. Where a state-owned enterprise undertakes
activities outside of its home jurisdiction, then it is not considered to be a
government.

 

Cash basis

Payments are reported on a cash basis, meaning that they are reported in the
period in which they are paid, as opposed to being reported on an accruals
basis (which would mean that they were reported in the period for which the
liabilities arise). Refunds are also reported in the period they are received
by bp and are shown as negative amounts in the Report. Where payments in kind
are made to a government they are valued and footnotes are included to help
explain the valuation method and any related volumes.

 

Reporting principles

The Regulations require payments to be reported where they are made to
governments by BP p.l.c. and its subsidiary undertakings in respect of
extractive activities. In preparing a report, the Regulations also require the
disclosure of payments to reflect the substance of each payment and the
relevant activity or project concerned. In light of these requirements, bp has
assessed its reporting obligations to be as follows:

·    Where bp has made a payment to a government, such payment is reported
in full, whether made in bp's sole capacity or in bp's capacity as the
operator of a joint venture. Payments made to governments in connection with
joint ventures are included in the Report if, and to the extent that, bp makes
the relevant payment. Typically, such circumstances will arise where bp is the
operator of the joint venture.

·    Payments made by an incorporated joint venture which is not a
subsidiary of bp are not included within this Report.

·    In some instances, bp is a partner in unincorporated joint ventures
where the role of operator is performed through a non-typical operatorship
model, whereby multiple entities contribute to an unincorporated body which
has the role of operator. In relation to such joint ventures, payments
actually made by bp to the government are reported and payments for which bp
has direct responsibility to the government, but which are paid on its behalf,
are also reported.

·    bp's equity-accounted investments for the financial year ended 31
December 2022 such as Pan American Energy Group and Aker bp are not bp
subsidiaries and therefore in accordance with the Regulations, payments made
by such entities are not included in this Report.

 

Project definition

The Regulations require payments to be reported by project (as a sub category
within a country). They define a 'project' as the operational activities which
are governed by a single contract, licence, lease, concession or similar legal
agreement, and form the basis for payment liabilities with a government. If
these agreements are substantially interconnected, then they can be treated as
a single project. Under the Regulations, 'substantially interconnected' means
forming a set of operationally and geographically integrated contracts,
licences, leases or concessions or related agreements with substantially
similar terms that are signed with a government, giving rise to payment
liabilities. These agreements may themselves be governed by a single contract,
joint venture, production-sharing agreement, or other overarching legal
agreement. Factors used to determine whether contracts or licences are
operationally and geographically integrated may include their common
management framework, proximity and use of common infrastructure. The number
of projects will depend on the contractual arrangements within a country and
not necessarily on the scale of activities. Moreover, a project will only
appear in this Report where relevant payments occurred during the year in
relation to that project.

 

The Regulations acknowledge that for some payments it may not be possible to
attribute a payment to a single project and therefore such payments may be
reported at the country level. Corporate income taxes, which are typically not
levied at a project level, are an example of this.

Materiality threshold

The Regulations require that payments made as a single payment exceeding
£86,000 or as part of a series of related payments within a financial year
exceeding £86,000 be included in this Report.

 

Reporting currency

All payments have been reported in US dollars. Payments made in currencies
other than US dollars are typically translated at the exchange rate at the
date of payment.

 

Payment types

The Regulations define a 'Payment' as an amount paid whether in money or in
kind, for relevant activities where the payment is of any one of the types
listed below:

 

Production entitlements

Under production sharing agreements (PSAs) the production is shared between
the host government and the other parties to the PSA. The host government
typically receives its share or entitlement in kind rather than being paid in
cash. In this Report such production entitlement volumes to the government are
reported on a lifting basis, i.e. when the government takes possession of its
share of production. A market value is applied, usually using the valuation
method from the relevant PSA. For joint ventures in which bp is the operator,
government production entitlements are reported in their entirety, in
accordance with the notes above. Where the national oil company (NOC) is also
a partner in the joint venture, their production entitlement is reported in
addition to the government share of production. The NOC's entitlement as a
partner will include both their share of production as investor's return as
well as their entitlement for the reimbursement of their costs.

 

Taxes

The Report includes taxes levied on income, production or profits and taxes
withheld from dividends, royalties and interest received by bp. In addition,
taxes paid on behalf of bp by the NOC out of production entitlements are
reported. Taxes levied on consumption, personnel, sales, procurement
(contractor's withholding taxes), property and environmental taxes, , customs
and excise are not reportable under the Regulations.

 

Royalties

These may be paid in cash or in kind (valued in the same way as production
entitlements).

 

Fees

In preparing this Report, bp has included licence fees, rental fees, entry
fees and all other payments that are paid in consideration for new and
existing licences and/or concessions. Fees paid to governments for
administrative services are excluded.

 

Bonuses

Signature, discovery and production bonuses and other bonuses payable under
licences or concession agreements are included in the Report.

 

Infrastructure improvements

Such payments include a road or a building provided by bp that forms part of
the fundamental facilities and systems serving a community or area. These
payments are included in the Report whether or not bp is contractually obliged
to fund them, and are reported when the relevant assets are handed over to the
government or the local community.

 

Dividends

These are dividends that are paid in lieu of production entitlements or
royalties. Dividends paid by bp to a government as an ordinary shareholder are
excluded. For the year ended 31 December 2022, there were no reportable
dividend payments to a government.

 

Other considerations

The payments shown in this Report are rounded to the nearest $0.1 million. Due
to rounding, some totals in the following tables may not agree exactly with
the sum of their component parts. Amounts are shown to the nearest dollar in
the data submitted and available on the UK Companies House website.

 

Payments overview

 

The table below shows the relevant payments to governments made by bp in the
year ended 31 December 2022, by country and payment type.

 

Of the seven payment types required by the UK regulations, bp did not pay any
relevant dividends and therefore the category is not shown.

 

 

 

 

 

$ million

                           Production                                         Infrastructure
 Country                   entitlements  Taxes     Royalties  Fees   Bonuses  improvements    Total
 Algeria                                 181.1                0.2                             181.2
 Angola                    1,435.7       459.9                0.2             0.4             1,896.2
 Argentina                               0.4                                                  0.4
 Australia                               434.0     220.0                                      654.0
 Azerbaijan                19,311.5      1,009.1              2.6    450.0                    20,773.2
 Brazil                                                       73.9.                           73.9
 Canada                                                       46.0                            46.0
 Egypt                                   176.6                2.8    10.0                     189.4
 India                     7.6                                                                7.6
 Indonesia                 458.8         341.3                       28.2                     828.3
 Iraq                                    112.8                                                112.8
 Mauritania                                                   22.9   1.0      0.6             24.5
 Mexico                                  3.7                  5.2                             8.9
 Oman                      1,856.3       339.0                0.5                             2,195.8
 Russia                                  0.6                                                  0.6
 São Tomé and Príncipe                                        0.5             1.0             1.5
 Senegal                                                      0.7             0.6             1.2
 Trinidad and Tobago                     951.5                1.9                             953.4
 United Arab Emirates                    5,798.6              5.8                             5,804.5
 United Kingdom                          1,271.3              6.9                             1,278.2
 United States                           431.6     1,152.7    10.4   22.2                     1,616.9
 Total                     23,069.9      11,511.6  1,372.7    180.3  511.4    2.6             36,648.6

 

 

Payments by country

 

Algeria

 

$ million

                                      Production                                        Infrastructure
 Governments                          entitlements  Taxes     Royalties  Fees  Bonuses  improvements    Total
 Ministère des Finances - Direction
   Générale des Impôts                              (a)181.1                                            181.1
 Sonatrach                                                               0.2                            0.2
 Total                                              181.1                0.2                            181.2

 

 

            Production                                        Infrastructure
 Projects   entitlements  Taxes     Royalties  Fees  Bonuses  improvements    Total
 In Amenas                (b)116.8             0.2                            116.9
 In Salah                 (c)64.3                                             64.3
 Total                    181.1                0.2                            181.2

 

 (a)  Includes $149.8 million of taxes settled by Sonatrach on bp's behalf out of
      entitlement, pursuant to the relevant agreements.
 (b)  Includes $85.5 million of taxes settled by Sonatrach on bp's behalf out of
      production entitlement, pursuant to the relevant agreements.
 (c)  Pursuant to the relevant agreements, Sonatrach paid these taxes on bp's behalf
      out of revenue entitlements.

 

 

Angola

 

$ million

                                   Production                                        Infrastructure
 Governments                       entitlements  Taxes    Royalties  Fees   Bonuses  improvements    Total
 Administração Geral Tributaria                  3.5                                                 3.5
 ANPG - Concessionaire              (a)731.5                                                          731.5
 Ministry of Finance                              451.7              0.2                             451.8
 Ministry of Petroleum                            4.7                                                 4.7
 Rise Angola                                                                         0.4              0.4
 Sonangol P&P                      (b)704.2                                                           704.2
 Total                              1,435.7       459.9               0.2             0.4             1,896.2

 

 

           Production                                        Infrastructure
 Projects  entitlements  Taxes    Royalties  Fees   Bonuses  improvements    Total
 Block 15                 82.1                                                82.1
 Block 17                 178.7                                               178.7
 Block 18  (c)761.2      145.9                0.2            0.4              907.7
 Block 31  (d)674.5       53.1                                                727.7
 Total      1,435.7       459.9               0.2             0.4             1,896.2

 

 (a)  Payments in kind for 6.8 million bbl of crude oil valued per the production
      sharing agreement.
 (b)  Payments in kind for 6.7 million bbl of crude oil valued per the production
      sharing agreement.
 (c)  Payments in kind for 7.0million bbl of crude oil valued per the production
      sharing agreement.
 (d)  Payments in kind for 6.5 million bbl of crude oil valued per the production
      sharing agreement.

 

Argentina

 

$ million

                            Production                                     Infrastructure
 Governments                entitlements  Taxes  Royalties  Fees  Bonuses  improvements    Total
 Administracion Federal de
   Ingresos Publicos                      0.4                                              0.4
 Total                                    0.4                                              0.4

 

 

                            Production                                     Infrastructure
 Projects                   entitlements  Taxes  Royalties  Fees  Bonuses  improvements    Total
 Payments not attributable
   to projects                            0.4                                              0.4
 Total                                    0.4                                              0.4

 

 

 

 

 

 

 

 

 

 

Australia

 

$ million

                                Production                                     Infrastructure
 Governments                    entitlements  Taxes  Royalties  Fees  Bonuses  improvements    Total
 Australian Taxation Office                   434.0                                            434.0
 Department of Mines, Industry
   Regulation and Safety                             220.0                                     220.0
 Total                                        434.0  220.0                                     654.0

 

 

                   Production                                     Infrastructure
 Projects          entitlements  Taxes  Royalties  Fees  Bonuses  improvements    Total
 North West Shelf                434.0  220.0                                     654.0
 Total                           434.0  220.0                                     654.0

 

Azerbaijan

 

$ million

                                  Production                                          Infrastructure
 Governments                      entitlements  Taxes       Royalties  Fees  Bonuses  improvements    Total
 Azerbaijan (ACG) Ltd. (SOCAR
   subsidiary)                    (a)1,332.4                                                          1,332.4
 Azerbaijan (Shah Deniz) Ltd.
   (SOCAR subsidiary)             (b)2,072.2                                                          2,072.2
 Ministry of Taxes                              (h)1,009.1                                            1,009.1
 SGC Upstream LLC                 (c)995.1                                                            995.1
 State Oil Company of Azerbaijan
   Republic (SOCAR)               (d)260.0                                                            260.0
 State Oil Fund of Azerbaijan     (e)14,651.8                          2.6   450.0                    15,104.4
 Total                            19,311.5      1,009.1                2.6   450.0                    20,773.2

 

 

                                   Production                                                    Infrastructure
           Projects                entitlements       Taxes         Royalties     Fees  Bonuses  improvements        Total
           Azeri-Chirag-Deepwater
             Gunashli - PSA        (f)11,602.8        219.4                             450.0                        12,272.2
           Shafag-Asiman - PSA                                                    2.1                                2.1
           Shah Deniz - PSA        (g)7,708.7         (i)789.7                                                       8,498.4
 Shallow Water Absheron
   Peninsula (SWAP) PSA                                                           0.5                                0.5
           Total                   19,311.5           1,009.1                     2.6   450.0                        20,773.2

 

 (a)  Payments in kind for 13.2 million bbls of crude oil valued at netback value
      per the production sharing agreement
 (b)  Includes payments in kind of $331.1 million for 3.5 million bbls of crude oil
      valued at netback value per the production sharing agreement and the remaining
      production entitlement was paid in cash.
 (c)  Includes payments in kind of $167.9 million for 1.8 million bbls of crude oil
      valued at netback value per the production sharing agreement and the remaining
      production entitlement was paid in cash.
 (d)  Payments in kind for 2.6 billion cubic meters of associated residue natural
      gas valued on the basis of gas prices realized in a similar Azerbaijani
      project.
 (e)  Includes payments in kind of $10,822.9 million for 108.2 million bbls of crude
      oil valued at netback value per the production sharing agreement and the
      remaining production entitlement was paid in cash.
 (f)  Includes payments in kind of $11,342.8 million for 112.9 million bbls of crude
      oil valued at netback value per the production sharing agreement and payments
      in kind of $260.0 million for 2.6 billion cubic meters of associated residue
      natural gas valued on the basis of gas prices realized in a similar
      Azerbaijani project.
 (g)  Includes payments in kind of $1,311.5 million for 13.7 million bbls of crude
      oil valued at netback value per the production sharing agreement and the
      remaining production entitlement was paid in cash.
 (h)  Includes $789.7 million of taxes settled by SOCAR on bp's behalf out of
      entitlement, pursuant to the relevant agreements.
 (i)  Pursuant to the relevant agreements, SOCAR paid these taxes on bp's behalf out
      of revenue entitlements.

 

Brazil

 

$ million

                                    Production                                     Infrastructure
 Governments                        entitlements  Taxes  Royalties  Fees  Bonuses  improvements    Total
 Agencia Nacional do Petroleo, Gas
   Natural e Biocombustíveis                                        0.7                            0.7
 Petrobras                                                          73.2                           73.2
 Total                                                              73.9                           73.9

 

 

           Production                                     Infrastructure
 Projects  entitlements  Taxes  Royalties  Fees  Bonuses  improvements    Total
 CM-477                                    0.2                            0.2
 CM-755                                    0.3                            0.3
 CM-793                                    0.3                            0.3
 FOZ-127                                   8.0                            8.0
 FOZ-57                                    16.5                           16.5
 FOZ-59                                    35.8                           35.8
 FOZ-88                                    12.6                           12.6
 S-M-1500                                  0.1                            0.1
 Total                                     73.9                           73.9

 

 

Canada

 

$ million

                               Production                                     Infrastructure
 Governments                   entitlements  Taxes  Royalties  Fees  Bonuses  improvements    Total
 Canada Newfoundland Offshore                                  1.9                            1.9
 Canada Revenue Agency                                         42.7                           42.7
 Government of Alberta                                         0.4                            0.4
 Natural Resources Canada                                      1.1                            1.1
 Total                                                         46.0                           46.0

 

 

                           Production                                     Infrastructure
 Projects                  entitlements  Taxes  Royalties  Fees  Bonuses  improvements    Total
 Newfoundland Exploration                                  2.9                            2.9
 Nova Scotia Exploration                                   42.7                           42.7
 Terre De Grace                                            0.4                            0.4
 Total                                                     46.0                           46.0

 

 

 

 

 

 

 

 

 

 

 

 

Egypt

 

$ million

                               Production                                        Infrastructure
 Governments                   entitlements  Taxes     Royalties  Fees  Bonuses  improvements    Total
 Egyptian General Petroleum                                       2.6   10.0                     12.6
 Egyptian Natural Gas Holding
   Company (EGAS)                                                 0.3                            0.3
 Egyptian Tax Authority                      (a)176.6                                            176.6
 Total                                       176.6                2.8   10.0                     189.4

 

 

                                      Production                                       Infrastructure
 Projects                             entitlements  Taxes    Royalties  Fees  Bonuses  improvements    Total
 Baltim                                             (a)48.3                                            48.3
 El Qaraa                                           (a)21.8                                            21.8
 North Damietta                                     (a)15.7                                            15.7
 North El Salum & North El Tabya                                        0.3                            0.3
 Ras El Bar                                         (a)33.5                                            33.5
 Temsah                                             (a)12.7                                            12.7
 West Nile Delta                                                        2.6   10.0                     12.6
 Zohr                                               (a)44.5                                            44.5
 Total                                              176.6               2.8   10.0                     189.4

 

 (a)  Pursuant to the relevant agreements, Egypt General Petroleum Corporation paid
      these taxes on bp's behalf out of production entitlement

 

 

India

 

$ million

                            Production                                     Infrastructure
 Governments                entitlements  Taxes  Royalties  Fees  Bonuses  improvements    Total
 Ministry of Petroleum and
   Natural Gas              7.6                                                            7.6
 Total                      7.6                                                            7.6

 

 

                      Production                                     Infrastructure
 Projects             entitlements  Taxes  Royalties  Fees  Bonuses  improvements    Total
 KG D6  KG-DWN-98/3   7.6                                                            7.6
 Total                7.6                                                            7.6

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Indonesia

 

$ million

                                                 Production                                     Infrastructure
 Governments                                     entitlements  Taxes  Royalties  Fees  Bonuses  improvements    Total
 Direktorat Jenderal Minyak dan                                                        28.2                     28.2

   Gas
 Ministry of Finance                             (a)458.8      341.3                                            800.1
 Total                                           458.8         341.3                                            828.3

 

 

           Production                                     Infrastructure
 Projects  entitlements  Taxes  Royalties  Fees  Bonuses  improvements    Total
 Tangguh   (a)458.8      341.3                   28.2                     828.3
 Total     458.8         341.3                   28.2                     828.3

 

 (a)  Includes payments in kind of $87.1 million for 1.1million bbls of condensates
      valued per the production sharing agreement and the remaining production
      entitlement for LNG was paid in cash.

 

 

Iraq

 

$ million

                               Production                                     Infrastructure
 Governments                   entitlements  Taxes  Royalties  Fees  Bonuses  improvements    Total
 General Commission for Taxes                112.8                                            112.8
 Total                                       112.8                                            112.8

 

 

           Production                                     Infrastructure
 Projects  entitlements  Taxes  Royalties  Fees  Bonuses  improvements    Total
 Rumaila                 112.8                                            112.8
 Total                   112.8                                            112.8

 

 

Mauritania

 

$ million

                                    Production                                     Infrastructure
 Governments                        entitlements  Taxes  Royalties  Fees  Bonuses  improvements    Total
 Ministry of Petroleum, Energy and
   Mines                                                            22.9  1.0      0.6             24.5
 Total                                                              22.9  1.0      0.6             24.5

 

 

                            Production                                     Infrastructure
 Projects                   entitlements  Taxes  Royalties  Fees  Bonuses  improvements    Total
 BirAllah                                                   0.1   1.0                      1.1
 Block C12                                                  22.1                           22.1
 Block C8                                                   0.7                            0.7
 Payments not attributable
   to projects                                                             0.6             0.6
 Total                                                      22.9  1.0      0.6             24.5

 

 

 

 

Mexico

 

$ million

                               Production                                     Infrastructure
 Governments                   entitlements  Taxes  Royalties  Fees  Bonuses  improvements    Total
 Fondo Mexicano del Petróleo                                   5.2                            5.2
 Sistema de administración
   Tributaria                                3.7                                              3.7
 Total                                       3.7               5.2                            8.9

 

 

                            Production                                     Infrastructure
 Projects                   entitlements  Taxes  Royalties  Fees  Bonuses  improvements    Total
 Cuencas del Sureste 34 R3                0.9               0.7                            1.6
 Cuenca Salina 1 R1                       2.9               4.5                            7.4
 Total                                    3.7               5.2                            8.9

 

 

Oman

 

$ million

                          Production                                     Infrastructure
 Governments              entitlements  Taxes  Royalties  Fees  Bonuses  improvements    Total
 Makarim Gas Development  (a)938.8                                                       938.8
 Ministry of Energy and
   Minerals               (b)917.5                        0.5                            918.0
 Ministry of Finance                    3390                                             339.0
 Total                    1,856.3       339.0             0.5                            2,195.8

 

 

           Production                                      Infrastructure
 Projects  entitlements   Taxes  Royalties  Fees  Bonuses  improvements    Total
 Khazzan   (a)(b)1,856.3  339.0             0.5                            2,195.8
 Total     1,856.3        339.0             0.5                            2,195.8

 

 (a)  Comprises payments in kind of $447.8 million for 4.6 million bbls of
      condensates valued at market prices, $489.1 million for 143.6 million mmBtu of
      gas valued per the Gas Sales Agreement and $1.9 million was paid in cash.
 (b)  Comprises payments in kind of $573.9 million for 6.3 million bbls of
      condensates valued at market prices, $340.9 million for 100.0 million mmBtu of
      gas valued per the Gas Sales Agreement and $2.7 million was paid in cash.

 

 

Russia

 

$ million

                      Production                                     Infrastructure
 Governments          entitlements  Taxes  Royalties  Fees  Bonuses  improvements    Total
 Ministry of Finance                0.6                                              0.6
 Total                              0.6                                              0.6

 

 

                            Production                                     Infrastructure
 Projects                   entitlements  Taxes  Royalties  Fees  Bonuses  improvements    Total
 Payments not attributable
   to projects                            0.6                                              0.6
 Total                                    0.6                                              0.6

 

 

 

São Tomé and Príncipe

 

$ million

                                 Production                                     Infrastructure
 Governments                     entitlements  Taxes  Royalties  Fees  Bonuses  improvements    Total
 Agência Nacional do Petróleo                                    0.5            1.0             1.5
 Total                                                           0.5            1.0             1.5

 

 

           Production                                     Infrastructure
 Projects  entitlements  Taxes  Royalties  Fees  Bonuses  improvements    Total
 Block 10                                  0.2            0.5             0.8
 Block 13                                  0.2            0.5             0.8
 Total                                     0.5            1.0             1.5

 

 

 

Senegal

 

$ million

                                       Production                                     Infrastructure
 Governments                           entitlements  Taxes  Royalties  Fees  Bonuses  improvements    Total
 Ministry of Health                                                                   0.6             0.6
 Société des pétroles du Sénégal                                       0.7                            0.7
 Total                                                                 0.7            0.6             1.2

 

 

                         Production                                     Infrastructure
 Projects                entitlements  Taxes  Royalties  Fees  Bonuses  improvements    Total
 Block Cayar Profond                                     0.3                            0.3
 Block St Louis Profond                                  0.3                            0.3
 Greater Tortue Ahmeyim                                                 0.6             0.6
 Total                                                   0.7            0.6             1.2

 

 

Trinidad and Tobago

 

$ million

                          Production                                     Infrastructure
 Governments              entitlements  Taxes  Royalties  Fees  Bonuses  improvements    Total
 Board of Inland Revenue                503.8                                            503.8
 Ministry of Energy and
   Energy Industries                    447.7             1.9                            449.6
 Total                                  951.5             1.9                            953.4

 

 

              Production                                     Infrastructure
 Projects     entitlements  Taxes  Royalties  Fees  Bonuses  improvements    Total
 Block 5B                                     1.8                            1.8
 BPTT Blocks                951.5             0.1                            951.7
 Total                      951.5             1.9                            953.4

 

 

 

United Arab Emirates

 

$ million

                                 Production                                       Infrastructure
 Governments                     entitlements  Taxes    Royalties  Fees  Bonuses  improvements    Total
 Abu Dhabi National Oil Company
   Company                                                         5.8                            5.8
 Department of Finance
   Abu Dhabi                                   5,798.6                                            5,798.6
 Total                                         5,798.6             5.8                            5,804.5

 

 

                            Production                                       Infrastructure
 Projects                   entitlements  Taxes    Royalties  Fees  Bonuses  improvements    Total
 ADCO Concession (Onshore)                5,798.6             5.8                            5,804.5
 Total                                    5,798.6             5.8                            5,804.5

 

 

 

United Kingdom

 

$ million

                         Production                                             Infrastructure
 Governments             entitlements  Taxes          Royalties  Fees  Bonuses  improvements    Total
 HM Revenue and Customs                (a)(b)1,271.3                                            1,271.3
 Oil and Gas Authority                                           6.9                            6.9
 Total                                 1,271.3                   6.9                            1278.2

 

 

                            Production                                                Infrastructure
 Projects                   entitlements  Taxes             Royalties  Fees  Bonuses  improvements    Total
 Andrew                                                                0.4                            0.4
 Clair                                                                 0.4                            0.4
 Decommissioning                          (a)(11.4)                                                   (11.4)
 ETAP                                                                  0.8                            0.8
 Exploration                                                           1.6                            1.6
 Foinaven                                                              1.4                            1.4
 Murlach                                                               0.2                            0.2
 Non-Operated                             (a)(7.2)                     0.1                            (7.1)
 Payments not attributable
   to projects                              (a)(b)1,289.9                                             1,289.9
 Schiehallion                                                          1.9                            1.9
 Total                                    1,271.3                      6.9                            1,278.2

 

 (a)  Net refunds result from the carry back of tax losses, resulting in a refund of
      taxes paid in prior years.
 (b)  Settlement of tax which include interest over/under payments

 

 

 

 

 

 

 

 

United States

 

$ million

                               Production                                            Infrastructure
 Governments                   entitlements  Taxes  Royalties     Fees      Bonuses  improvements    Total
 Federal Government                          160.0                                                   160.0
 Office of Natural Resources
   Revenue                                          1.1                                              1.1
 Office of Natural Resources
   Revenue/Department of the
   Interior                                         947.7         9.7       22.2                     979.6
 State of Alaska                             0.3                                                     0.3
 State of Colorado                           0.3                                                     0.3
 State of Louisiana                          65.2   (a)15.7                                          80.8
 State of New Mexico                         0.3    (a)0.5                                           0.8
 State of Oklahoma                                  (a)1.2                                           1.2
 State of Texas                              205.4  (a)186.5      0.7                                392.6
 Total                                       431.6  1,152.7       10.4      22.2                     1,616.9

 

 

                            Production                                     Infrastructure
 Projects                   entitlements  Taxes  Royalties  Fees  Bonuses  improvements    Total
 Alaska                                   0.3                                              0.3
 Colorado                                 0.3                                              0.3
 Gulf of Mexico - Central                        909.2      9.5   22.2                     940.9
 Gulf of Mexico - Western                        38.5       0.2                            38.7
 Louisiana                                65.2   15.7                                      80.8
 New Mexico                               0.3    0.5                                       0.8
 Onshore Fed                                     1.1                                       1.1
 Oklahoma                                        1.2                                       1.2
 Texas                                    205.4  186.5      0.7                            392.6
 Payments not attributable
   to projects                            160.0                                            160.0
 Total                                    431.6  1,152.7    10.4  22.2                     1,616.9

 

 (a)  Payments to states where bp has no extractive activities relate to Escheatment
      of Royalties.

 

 

Other resources

 

 

bp payments to governments 2022

Detailed data filed with UK Registrar
extractives.companieshouse.gov.uk (https://extractives.companieshouse.gov.uk/)

 

 

 

bp annual and sustainability reporting

bp Annual Report and Form 20-F 2022

bp.com/annualreport
(http://www.bp.com/en/global/corporate/investors/results-and-reporting/annual-report.html)

bp sustainability report 2022
bp.com/sustainability
(http://www.bp.com/en/global/corporate/sustainability.html)

bp tax report 2022
bp.com/tax
(https://www.bp.com/en/global/corporate/sustainability/our-approach-to-sustainability/tax-transparency.html)

 

 

 

bp economic impact reports

bp US Economic Impact Report
bp.com/economicimpact-us
(http://www.bp.com/en_us/bp-us/who-we-are/commitment-us-economy.html)

bp's Impact on the UK Economy
bp.com/economicimpact-uk
(http://www.bp.com/en_gb/united-kingdom/who-we-are/bps-impact-on-the-uk-economy-in-2015.html)

 

 

 

 

 

Contacts

 

 Press Office  London                Houston
               David Nicholas        Brett Clanton

               +44 (0)20 7496 4708   +1 281 366 8346

 

 

 

 

 

 

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