REG - Tullow Oil PLC Tullow Oil PLC - FP Tullow Oil PLC - NP - Report on payments to governments for 2016 <Origin Href="QuoteRef">TLW.L</Origin>
RNS Number : 6669JTullow Oil PLC30 June 2017Tullow Oil plc
Report on payments to governments for the year 2016
Introduction
Tullow Oil plc has prepared the following consolidated report in respect of payments made to governments for the year ended 31 December 2016 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 Guidance and Transparency Rules. Further details, including the basis of preparation, can be found on pages 167 to 171 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 entitlements
Production entitlements*
Income taxes
Royalties (cash only)
Dividends
Bonus payments
Licence fee's
Infrastructure improvement payments
bbls
$'000
$'000
$'000
$'000
$'000
$'000
$'000
M'Boundi
167
10,254
-
-
-
-
-
-
Total Congo
167
10,254
-
-
-
-
-
-
CI-103
-
2,277
-
-
-
-
-
-
Total Cote d'Ivoire
-
2,277
-
-
-
-
-
-
Ceiba
109
6,693
-
-
-
-
-
-
Okume Complex
366
22,472
-
-
-
-
-
-
Corporate
-
-
8,982
-
-
-
-
-
Total Equatorial Guinea
475
29,165
8,982
-
-
-
-
-
Echira
-
-
-
1,194
-
-
-
-
Etame
-
-
-
1,618
-
-
-
-
Ezanga
-
-
-
2,176
-
-
-
-
Limande
-
-
-
2,285
-
-
-
-
M'Oba
-
-
-
61
-
-
-
-
Niungo
-
-
-
2,085
-
-
-
-
Tchatamba
-
-
-
6,927
-
-
-
-
Turnix
-
-
-
1,012
-
-
-
-
Corporate - Tullow Oil Gabon SA
-
-
-
217
-
30,000
-
-
Oba
-
-
-
770
-
-
-
-
Total Gabon
-
-
-
18,345
-
30,000
-
-
Jubilee
478
29,349
-
-
-
-
-
348
TEN
125
7,675
-
-
-
-
-
193
Company level
-
-
27,314
-
-
-
75
2,981
Total Ghana
603
37,024
27,314
-
-
-
75
3,522
Company level
-
-
-
-
-
-
28
119
Total Guinea
-
-
-
-
-
-
28
119
PSC B (Chinguetti EEA)
39
2,395
-
-
0
-
258
-
Corporate
-
-
-
-
-
-
94
-
Total Mauritania
39
2,395
-
-
-
-
352
-
South Omo
-
-
-
-
-
-
441
169
Corporate
-
-
-
-
-
-
-
-
Total Ethiopia
-
-
-
-
-
-
441
169
Corporate
-
-
9
-
-
-
614
-
Total Kenya
-
-
9
-
-
-
614
-
Block 3111
-
-
-
-
-
-
150
-
Total Madagascar
-
-
-
-
-
-
150
-
Corporate
-
-
1
-
-
-
-
-
Total Mozambique
-
-
1
-
-
-
-
-
Company level
-
-
-
-
-
-
105
-
Total Namibia
-
-
-
-
-
-
105
-
Corporate
-
-
31
-
-
-
-
-
Total South Africa
-
-
31
-
-
-
-
-
Corporate
-
-
36,059
-
-
-
158
-
Total Uganda
-
-
36,059
-
-
-
158
-
Corporate
-
-
(1,129)
-
-
-
-
-
Total Ireland
-
-
(1,129)
-
-
-
-
-
Walton Morant
-
-
-
-
-
-
133
-
Total Jamaica
-
-
-
-
-
-
133
-
Corporate
-
-
8,215
-
-
-
303
-
Total Netherlands
-
-
8,215
-
-
-
303
-
Corporate
-
-
(60,215)
-
-
-
34
-
Total Norway
-
-
(60,215)
-
-
-
34
-
Corporate
-
-
54
-
-
-
14
14
Total Pakistan
-
-
54
-
-
-
14
14
Schooner
-
-
-
-
-
-
448
-
Corporate
-
-
51,126
-
-
-
1,024
-
Total UK
-
-
51,126
-
-
-
1,472
-
TOTAL
1,284
81,115
70,447
18,345
-
30,000
3,879
3,824
*Where production entitlement is paid in barrels this has been multiplied by the Group's 2016 average realised oil price of $61.4/bbl.
Disclosure by government
Production entitlements
Production entitlements*
Income taxes
Royalties (cash only)
Dividends
Bonus payments
Licence fee's
Infrastructure improvement payments
Licence / Company level
bbls
$'000
$'000
$'000
$'000
$'000
$'000
$'000
Republic of Congo, Ministere des Hydrocarbures
167
10,254
-
-
-
-
-
-
Total Congo
167
10,254
-
-
-
-
-
-
The Republic of Cote d'Ivoire, Ministry of Mines and Petroleum Resources
-
2,277
-
-
-
-
-
-
Total Cote d'Ivoire
-
2,277
-
-
-
-
-
-
Republic of Equatorial Guinea, Ministry of Mines, Industry and Energy
475
29,165
-
-
-
-
-
-
Republica de Guinea Ecuatorial, Ministeria de Hacienda y Presupuestas
-
-
8,982
-
-
-
-
-
Total Equatorial Guinea
475
29,165
8,982
-
-
-
-
-
Gabonese Public Treasury - Ministry of Finance
-
-
-
18,345
-
30,000
-
-
Total Gabon
-
-
-
18,345
-
30,000
-
-
Ghana National Petroleum Corporation
603
37,024
-
-
-
-
-
-
Ghana Revenue Authority
-
-
27,314
-
-
-
75
-
Ghana Health Service and Ghana Education Service
-
-
-
-
-
-
-
3,522
Total Ghana
603
37,024
27,314
-
-
-
75
3,522
Minestere des mines et de la geologie
-
-
-
-
-
-
28
-
OFFICE GUINEEN DE RECHERCHE ET DE PROMOTION PETROLIERE
-
-
-
-
-
-
-
119
Total Guinea
-
-
-
-
-
-
28
119
MINISTRY OF ENERGY AND PETROLEUM
39
2,395
-
-
-
-
-
-
Mauritanian Finance Ministry & Direction of Environmental Commission
-
-
-
-
-
-
352
-
Total Mauritania
39
2,395
-
-
-
-
352
-
FEDERAL DEMOCRATIC REPUBLIC OF ETHIOPIA, MINISTRY OF MINES, PETROLEUM & NATURAL GAS
-
-
-
-
-
-
441
-
Ethiopia - Payment made to 3rd party
-
-
-
-
-
-
-
169
Total Ethiopia
-
-
-
-
-
-
441
169
Kenya Revenue Authority
-
-
9
-
-
-
-
-
Ministry of Energy
-
-
-
-
-
-
614
-
Total Kenya
-
-
9
-
-
-
614
-
OMNIS
-
-
-
-
-
-
150
-
Total Madagascar
-
-
-
-
-
-
150
-
Ministrio das Finanas
-
-
1
-
-
-
-
-
Total Mozambique
-
-
1
-
-
-
-
-
Ministerial Deposit Account
-
-
-
-
-
-
105
-
Total Namibia
-
-
-
-
-
-
105
-
South African Revenue Services
-
-
31
-
-
-
-
-
Total South Africa
-
-
31
-
-
-
-
-
Uganda Revenue Authority
-
-
36,059
-
-
-
-
-
Ministry of Energy and Minerals Development
-
-
-
-
-
-
158
-
Total Uganda
-
-
36,059
-
-
-
158
-
Revenue Commissioners
-
-
(1,129)
-
-
-
-
-
Total Ireland
-
-
(1,129)
-
-
-
-
-
Petroleum Corporation of Jamaica
-
-
-
-
-
-
133
-
Total Jamaica
-
-
-
-
-
-
133
-
Belastingdienst
-
-
8,215
-
-
-
303
-
Total Netherlands
-
-
8,215
-
-
-
303
-
Norwegian Petroleum Directorate
-
-
-
-
-
-
34
-
Norwegian Tax Administration.
-
-
(60,215)
-
-
-
-
-
Total Norway
-
-
(60,215)
-
-
-
34
-
Ministry of petroleum & natural resources
-
-
54
-
-
-
14
14
Total Pakistan
-
-
54
-
-
-
14
14
Oil & Gas Authority
-
-
-
-
-
-
1,472
-
Her Majesties Revenue and Customs
-
-
51,126
-
-
-
-
-
Total UK
-
-
51,126
-
-
-
1,472
-
TOTAL
1,284
81,115
70,447
18,345
-
30,000
3,879
3,824
*Where production entitlement is paid in barrels this has been multiplied by the Group's 2016 average realised oil price of $61.4/bbl.
This information is provided by RNSThe company news service from the London Stock ExchangeENDPGRBCGDLLSDBGRC
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