TULLOW OIL PLC (LON:TLW) Report on payments to governments for 2016

Transparency directive : regulatory news

30/06/2017 07:00
Tullow Oil PLC  -  TLW   

Report on payments to governments for 2016


Released 07:00 30-Jun-2017

Tullow 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



-



Ministério das Finanças



-



-



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.



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