REPORT ON PAYMENTS TO GOVERNMENTS FOR
THE YEAR 2017
INTRODUCTION
This Report provides a consolidated overview of the payments to
governments made by Royal Dutch
Shell plc and its subsidiary undertakings (hereinafter refer
to as "Shell") for the year 2017 as required under the UK’s Report
on Payments to Governments Regulations 2014 (as amended in
December 2015). These UK Regulations
enact domestic rules in line with Directive 2013/34/EU (the EU
Accounting Directive (2013)) and apply to large UK incorporated
companies like Shell that are involved in the exploration,
prospection, discovery, development and extraction of minerals,
oil, natural gas deposits or other materials. This Report is also
filed with the National Storage Mechanism
(http://www.morningstar.co.uk/uk/nsm) intended to satisfy the
requirements of the Disclosure and Transparency Rules of the
Financial Conduct Authority in the United
Kingdom
This Report is available for download from
www.shell.com/payments
BASIS FOR PREPARATION – REPORT ON
PAYMENTS TO GOVERNMENTS FOR THE YEAR 2017
Legislation
This Report is prepared in accordance with The Reports on
Payments to Governments Regulations 2014 as enacted in the UK in
December 2014 and as amended in
December 2015.
Reporting entities
This Report includes payments to governments made by
Royal Dutch Shell plc and its
subsidiary undertakings (Shell). Payments made by entities over
which Shell has joint control are excluded from this Report.
Activities
Payments made by Shell to governments arising from activities
involving the exploration, prospection, discovery, development and
extraction of minerals, oil and natural gas deposits or other
materials (extractive activities) are disclosed in this Report. It
excludes payments related to refining, natural gas liquefaction or
gas-to-liquids activities. For a fully integrated project, which
does not have an interim contractual cut-off point where a value
can be attached or ascribed separately to the extractive activities
and to other processing activities, payments to governments will
not be artificially split but disclosed in full.
Government
Government includes any national, regional or local authority of
a country, and includes a department, agency or entity that is a
subsidiary of a government, which includes a national oil
company.
Project
Payments are reported at project level except that payments that
are not attributable to a specific project are reported at entity
level. Project is defined as 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 such agreements are substantially
interconnected, those agreements are to be treated as a single
project.
"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. Such agreements can be governed by a single
contract, joint venture, production sharing agreement, or other
overarching legal agreement. Indicators of integration include, but
are not limited to, geographic proximity, the use of shared
infrastructure and common operational management.
Payment
The information is reported under the following payment
types.
Production entitlements
These are the host government’s share of production in the
reporting period derived from projects operated by Shell. This
includes the government’s share as a sovereign entity or through
its participation as an equity or interest holder in projects
within its sovereign jurisdiction (home country). Production
entitlements arising from activities or interests outside of its
home country are excluded.
In certain contractual arrangement, typically a production
sharing contract, a government through its participation interest
may contribute funding of capital and operating expenditure to
projects, from which it derives production entitlement to cover
such funding (cost recovery). Such cost recovery production
entitlement is included.
In situations where a government settles Shell’s income tax
obligation on behalf of Shell by utilising its share of production
entitlements (typically under a tax-paid concession), such amount
will be deducted from the reported production entitlement.
Taxes
These are taxes paid by Shell on its income, profits or
production (which include resource severance tax, and petroleum
resource rent tax), including those settled by a government on
behalf of Shell under a tax-paid concession. Payments are reported
net of refunds. Consumption taxes, personal income taxes, sales
taxes, property and environmental taxes are excluded.
Royalties
These are payments for the rights to extract oil and gas
resources, typically at set percentage of revenue less any
deductions that may be taken.
Dividends
These are dividend payments other than dividends paid to a
government as an ordinary shareholder of an entity unless paid in
lieu of production entitlements or royalties. For the year ended
December 31, 2017, there were no
reportable dividend payments to a government.
Bonuses
These are payments for Bonuses. These are usually paid upon
signing an agreement or a contract, or when a commercial discovery
is declared, or production has commenced or reached a
milestone.
License fees, rental fees, entry fees
and other considerations for licenses and/or concessions
These are fees and other sums paid as consideration for
acquiring a licence for gaining access to an area where extractive
activities are performed. Administrative government fees that are
not specifically related to the extractive sector, or to access to
extractive resources, are excluded. Also excluded are payments made
in return for services provided by a government.
Infrastructure improvements
These are payments which relate to the construction of
infrastructure (road, bridge or rail) not substantially dedicated
for the use of extractive activities. Payments which are of a
social investment in nature, for example building of a school or
hospital, are excluded.
OTHER
Operatorship
When Shell makes a payment directly to a government arising from
a project, regardless of whether Shell is the operator, the full
amount paid is disclosed even where Shell as the operator is
proportionally reimbursed by its non-operating venture partners
through a partner billing process (cash-call).
When a national oil company is the operator of a project to whom
Shell makes a reportable payment, which is distinguishable in the
cash-call, it is included in this Report.
Cash and in-kind payments
Payments are reported on cash basis. In-kind payments are
converted to an equivalent cash value based on the most appropriate
and relevant valuation method for each payment, which can be at
cost or market value or such value as stated in the contract.
In-kind payments are reported in both volumes and the equivalent
cash value.
Materiality Level
For each payment type, total payments below £86,000 to a
government are excluded from this Report.
Exchange Rate
Payments made in currencies other than US Dollars are translated
for this Report based on the foreign exchange rate at the relevant
quarterly average rate.
REPORT ON PAYMENTS TO GOVERNMENT 2017 [1]
[1] This Report is not
corrected for rounding. GOVERNMENT REPORTS (IN USD) |
Production
Entitlement |
Taxes |
Royalties |
Bonuses |
Fees |
Infrastructure Improvements |
Total |
COUNTRIES |
EUROPE |
Bulgaria |
- |
- |
- |
- |
155,239 |
- |
155,239 |
Denmark |
- |
195,328,114 |
- |
- |
- |
- |
195,328,114 |
Germany |
- |
-18,168,575 |
- |
- |
- |
- |
-18,168,575 |
Ireland |
- |
- |
- |
- |
714,370 |
2,515,625 |
3,229,995 |
Italy |
- |
2,573,137 |
30,071,516 |
- |
- |
- |
32,644,653 |
Norway |
2,646,006,154 |
775,843,472 |
- |
- |
3,727,565 |
- |
3,425,577,190 |
United
Kingdom |
- |
87,957,190 |
- |
- |
7,524,254 |
- |
95,481,445 |
ASIA |
Brunei
Darussalam |
- |
- |
- |
- |
1,764,887 |
- |
1,764,887 |
China |
2,559,383 |
- |
- |
- |
- |
- |
2,559,383 |
India |
290,187,136 |
25,775,793 |
47,897,261 |
7,500,000 |
- |
- |
371,360,190 |
Iraq |
3,360,492,884 |
30,151,344 |
- |
- |
- |
- |
3,390,644,228 |
Kazakhstan |
- |
214,004,779 |
- |
- |
- |
- |
214,004,779 |
Malaysia |
3,232,280,895 |
190,470,205 |
695,311,115 |
- |
35,000,000 |
- |
4,153,062,216 |
Oman |
- |
1,618,577,938 |
- |
- |
- |
- |
1,618,577,938 |
Philippines |
396,989,625 |
81,150,797 |
- |
- |
- |
- |
478,140,422 |
Qatar |
292,184,961 |
446,408,467 |
- |
- |
40,410,272 |
- |
779,003,700 |
Thailand |
- |
66,220,587 |
91,670,335 |
- |
- |
- |
157,890,922 |
OCEANIA |
Australia |
- |
206,732,575 |
115,507,731 |
- |
17,346,366 |
5,769,116 |
345,355,788 |
New Zealand |
- |
44,412,263 |
34,840,002 |
- |
149,768 |
- |
79,402,033 |
Africa |
Egypt |
- |
116,328,138 |
- |
18,000,027 |
- |
- |
134,328,164 |
Gabon |
149,660,679 |
- |
52,105,017 |
- |
2,879,249 |
7,396,504 |
212,041,449 |
Nigeria |
3,197,530,557 |
765,526,389 |
245,769,306 |
- |
113,916,331 |
- |
4,322,742,582 |
Tunisia |
- |
118,146,825 |
26,459,240 |
- |
- |
- |
144,606,065 |
NORTH AMERICA |
Canada |
- |
-148,710 |
131,021,043 |
- |
11,190,899 |
- |
142,063,232 |
USA |
- |
-97,903,729 |
478,458,954 |
- |
101,149,875 |
- |
481,705,100 |
SOUTH AMERICA |
Argentina |
- |
1,033,863 |
11,900,805 |
- |
518,468 |
- |
13,453,136 |
Bolivia |
- |
- |
- |
- |
1,615,764 |
- |
1,615,764 |
Brazil |
646,465 |
- |
1,463,568,826 |
102,465,331 |
2,839,161 |
- |
1,569,519,784 |
Trinidad and
Tobago |
30,315,077 |
17,310,000 |
4,340,353 |
- |
8,465,827 |
- |
60,431,256 |
Total |
13,598,853,815 |
4,887,730,860 |
3,428,921,506 |
127,965,358 |
349,368,293 |
15,681,245 |
22,408,521,077 |
BULGARIA
GOVERNMENT REPORTS (IN USD) |
Production
Entitlement |
Taxes |
Royalties |
Bonuses |
Fees |
Infrastructure Improvements |
Total |
GOVERNMENTS |
MINISTRY OF ENERGY
OF THE REPUBLIC OF BULGARIA |
- |
- |
- |
- |
155,239 |
- |
155,239 |
Total |
- |
- |
- |
- |
155,239 |
- |
155,239 |
PROJECT REPORTS (IN
USD) |
Production
Entitlement |
Taxes |
Royalties |
Bonuses |
Fees |
Infrastructure Improvements |
Total |
PROJECTS |
SILISTAR |
- |
- |
- |
- |
155,239 |
- |
155,239 |
Total |
- |
- |
- |
- |
155,239 |
- |
155,239 |
DENMARK
GOVERNMENT REPORTS (IN USD) |
Production
Entitlement |
Taxes |
Royalties |
Bonuses |
Fees |
Infrastructure Improvements |
Total |
GOVERNMENTS |
TAX
AUTHORITIES |
- |
195,328,114 |
- |
- |
- |
- |
195,328,114 |
Total |
- |
195,328,114 |
- |
- |
- |
- |
195,328,114 |
PROJECT REPORTS (IN
USD) |
Production
Entitlement |
Taxes |
Royalties |
Bonuses |
Fees |
Infrastructure Improvements |
Total |
ENTITY LEVEL
PAYMENT |
SHELL OLIE-OG
GASUDVINDING DANMARK PIPELINES ApS |
- |
1,403,656 |
- |
- |
- |
- |
1,403,656 |
SHELL OLIE-OG
GASUDVINDING DANMARK B.V. |
- |
193,924,458 |
- |
- |
- |
- |
193,924,458 |
Total |
- |
195,328,114 |
- |
- |
- |
- |
195,328,114 |
GERMANY
GOVERNMENT REPORTS (IN USD) |
Production
Entitlement |
Taxes |
Royalties |
Bonuses |
Fees |
Infrastructure Improvements |
Total |
GOVERNMENTS |
TAX AUTHORITIES
HAMBURG |
- |
-18,168,575 |
- |
- |
- |
- |
-18,168,575 |
Total |
- |
-18,168,575 |
- |
- |
- |
- |
-18,168,575 |
PROJECT REPORTS (IN
USD) |
Production
Entitlement |
Taxes |
Royalties |
Bonuses |
Fees |
Infrastructure Improvements |
Total |
ENTITY LEVEL
PAYMENT |
DEUTSCHE SHELL
HOLDING GmbH |
- |
-18,168,575 |
- |
- |
- |
- |
-18,168,575 |
Total |
- |
-18,168,575 |
- |
- |
- |
- |
-18,168,575 |
IRELAND
GOVERNMENT REPORTS (IN USD) |
Production
Entitlement |
Taxes |
Royalties |
Bonuses |
Fees |
Infrastructure Improvements |
Total |
GOVERNMENTS |
DEPARTMENT OF
COMMUNICATIONS |
- |
- |
- |
- |
130,659 |
- |
130,659 |
MAYO COUNTY
COUNCIL |
- |
- |
- |
- |
- |
2,515,625 |
2,515,625 |
COMMISSION FOR
ENERGY REGULATION |
- |
- |
- |
- |
583,711 |
- |
583,711 |
Total |
- |
- |
- |
- |
714,370 |
2,515,625 |
3,229,995 |
PROJECT REPORTS (IN
USD) |
Production
Entitlement |
Taxes |
Royalties |
Bonuses |
Fees |
Infrastructure Improvements |
Total |
PROJECTS |
CORRIB
PROJECT |
- |
- |
- |
- |
714,370 |
2,515,625 |
3,229,995 |
Total |
- |
- |
- |
- |
714,370 |
2,515,625 |
3,229,995 |
ITALY
GOVERNMENT REPORTS (IN USD) |
Production
Entitlement |
Taxes |
Royalties |
Bonuses |
Fees |
Infrastructure Improvements |
Total |
GOVERNMENTS |
BASILICATA REGION (VDA) |
18,131,737 |
18,131,737 |
CALVELLO
MUNICIPALITY |
- |
- |
516,144 |
- |
- |
- |
516,144 |
GRUMENTO NOVA
MUNICIPALITY |
- |
- |
221,205 |
- |
- |
- |
221,205 |
MARSICO NUOVO
MUNICIPALITY |
- |
- |
221,205 |
- |
- |
- |
221,205 |
TESSORERIA
PROVINICIALE DELLO STATO |
- |
2,573,137 |
8,953,517 |
- |
- |
- |
11,526,654 |
VIGGIANO
MUNICIPALITY |
- |
- |
2,027,708 |
- |
- |
- |
2,027,708 |
Total |
- |
2,573,137 |
30,071,516 |
- |
- |
- |
32,644,653 |
PROJECT REPORTS (IN
USD) |
Production
Entitlement |
Taxes |
Royalties |
Bonuses |
Fees |
Infrastructure Improvements |
Total |
PROJECTS |
ITALY UPSTREAM
ASSET |
- |
- |
30,071,516 |
- |
- |
- |
30,071,516 |
ENTITY LEVEL
PAYMENT |
SHELL ITALIA E&P
SpA |
- |
2,573,137 |
- |
- |
- |
- |
2,573,137 |
Total |
- |
2,573,137 |
30,071,516 |
- |
- |
- |
32,644,653 |
NORWAY
GOVERNMENT REPORTS (IN USD) |
Production
Entitlement |
Taxes |
Royalties |
Bonuses |
Fees |
Infrastructure Improvements |
Total |
GOVERNMENTS |
STATOIL ASA |
989,272,947
[A] |
- |
- |
- |
- |
- |
989,272,947 |
OLJEDIREKTORATET |
- |
- |
- |
- |
3,309,047 |
- |
3,309,047 |
DIREKTORATET FOR
SAMFUNNSSIKKERHET |
- |
- |
- |
- |
418,518 |
- |
418,518 |
PETORO AS |
1,656,733,207 [B] |
- |
- |
- |
- |
- |
1,656,733,207 |
SKATTE OG
AVGIFTSREGNSKAP |
- |
773,686,372 |
- |
- |
- |
- |
773,686,372 |
SKATTEOPPKREVEREN I
SOLA |
- |
2,157,099 |
- |
- |
- |
- |
2,157,099 |
Total |
2,646,006,154 |
775,843,472 |
- |
- |
3,727,565 |
- |
3,425,577,190 |
PROJECT REPORTS (IN
USD) |
Production
Entitlement |
Taxes |
Royalties |
Bonuses |
Fees |
Infrastructure Improvements |
Total |
PROJECTS |
ORMEN LANGE AND
DRAUGEN |
2,646,006,154 [C] |
- |
- |
- |
2,130,000 |
- |
2,648,136,153 |
NORWAY EXPLORATION
PROJECTS |
- |
- |
- |
- |
1,427,433 |
- |
1,427,433 |
ENTITY LEVEL
PAYMENT |
A/S NORSKE
SHELL |
- |
775,843,472 |
- |
- |
170,132 |
- |
776,013,604 |
Total |
2,646,006,154 |
775,843,472 |
- |
- |
3,727,565 |
- |
3,425,577,190 |
[A] Includes payment in kind of $
989,272,947 for 26,652 KBOE valued at market price.
[B] Includes payment in kind of $
1,656,733,207 for 42,620 KBOE valued at market price.
[C] Includes payment in kind of $
2,646,006,154 for 69,272 KBOE valued at market price
UNITED
KINGDOM
GOVERNMENT REPORTS (IN USD) |
Production
Entitlement |
Taxes |
Royalties |
Bonuses |
Fees |
Infrastructure Improvements |
Total |
GOVERNMENTS |
DEPARTMENT OF ENERGY
AND CLIMATE |
- |
- |
- |
- |
2,056,473 |
- |
2,056,473 |
OIL AND GAS
AUTHORITY |
- |
- |
- |
- |
5,467,781 |
- |
5,467,781 |
HM REVENUE AND
CUSTOMS |
- |
87,957,190 |
- |
- |
- |
- |
87,957,190 |
Total |
- |
87,957,190 |
- |
- |
7,524,254 |
- |
95,481,445 |
PROJECT REPORTS (IN
USD) |
Production
Entitlement |
Taxes |
Royalties |
Bonuses |
Fees |
Infrastructure Improvements |
Total |
PROJECTS |
ONEGAS WEST |
- |
- |
- |
- |
1,129,134 |
- |
1,129,134 |
UK OFFSHORE
OPERATED |
- |
-5,040,137 |
- |
- |
1,573,507 |
- |
-3,466,630 |
UK OFFSHORE
NON-OPERATED |
- |
- |
- |
- |
287,439 |
- |
287,439 |
BRENT AND OTHER
NORTHERN NORTH SEA PROJECTS |
- |
-95,927,626 |
- |
- |
257,500 |
- |
-95,670,126 |
UK EXPLORATIONS
PROJECTS |
- |
- |
- |
- |
972,561 |
- |
972,561 |
ENTITY LEVEL
PAYMENT |
SHELL U.K.
LIMITED |
- |
11,532,163 |
- |
- |
3,304,114 |
- |
14,836,276 |
BG INTERNATIONAL
LIMITED |
- |
57,767,778 |
- |
- |
- |
- |
57,767,778 |
BG INTERNATIONAL
(CNS) LIMITED |
- |
33,411,992 |
- |
- |
- |
- |
33,411,992 |
BG GLOBAL ENERGY
LIMITED |
- |
86,213,021 |
- |
- |
- |
- |
86,213,021 |
Total |
- |
87,957,190 |
- |
- |
7,524,254 |
- |
95,481,445 |
BRUNEI
DARUSSALAM
GOVERNMENT REPORTS (IN USD) |
Production
Entitlement |
Taxes |
Royalties |
Bonuses |
Fees |
Infrastructure Improvements |
Total |
GOVERNMENTS |
GOVERNMENT OF BRUNEI
DARUSSALAM |
- |
- |
- |
- |
1,464,887 |
- |
1,464,887 |
BRUNEI NATIONAL
PETROLEUM COMPANY |
- |
- |
- |
- |
300,000 |
- |
300,000 |
Total |
- |
- |
- |
- |
1,764,887 |
- |
1,764,887 |
PROJECT REPORTS (IN
USD) |
Production
Entitlement |
Taxes |
Royalties |
Bonuses |
Fees |
Infrastructure Improvements |
Total |
PROJECTS |
BRUNEI OFFSHORE
BLOCKS |
- |
- |
- |
- |
1,764,887 |
- |
1,764,887 |
Total |
- |
- |
- |
- |
1,764,887 |
- |
1,764,887 |
CHINA
GOVERNMENT REPORTS (IN USD) |
Production
Entitlement |
Taxes |
Royalties |
Bonuses |
Fees |
Infrastructure Improvements |
Total |
GOVERNMENTS |
CHINA NATIONAL
PETROLEUM CORPORATION |
2,559,383
[A] |
- |
- |
- |
- |
- |
2,559,383 |
Total |
2,559,383 |
- |
- |
- |
- |
- |
2,559,383 |
PROJECT REPORTS (IN
USD) |
Production
Entitlement |
Taxes |
Royalties |
Bonuses |
Fees |
Infrastructure Improvements |
Total |
PROJECTS |
CHANGBEI |
2,029,385
[B] |
- |
- |
- |
- |
- |
2,029,385 |
JINQIU+FUSHUN+ZITONG |
529,999
[C] |
- |
- |
- |
- |
- |
529,999 |
Total |
2,559,383 |
- |
- |
- |
- |
- |
2,559,383 |
[A] Includes payment in kind of $
2,559,383 for 87 KBOE valued at government selling
price.
[B] Includes payment in kind of $
2,029,385 for 67 KBOE valued at government selling
price.
[C] Includes payment in kind of $
529,999 for 20 KBOE valued at government selling price
INDIA
GOVERNMENT REPORTS (IN USD) |
Production
Entitlement |
Taxes |
Royalties |
Bonuses |
Fees |
Infrastructure Improvements |
Total |
GOVERNMENTS |
OIL AND NATURAL GAS
CORP. LTD. |
257,714,625
[A] |
- |
- |
7,500,000 |
- |
- |
265,214,625 |
PAY AND ACCOUNTS
OFFICER, MINISTRY OF PETROLEUM AND NATURAL GAS |
32,472,510 |
- |
38,006,132 |
- |
- |
- |
70,478,643 |
CENTRAL BOARD OF
EXCISE AND CUSTOMS |
- |
- |
9,891,129 |
- |
- |
- |
9,891,129 |
INCOME TAX
DEPARTMENT |
- |
25,775,793 |
- |
- |
- |
- |
25,775,793 |
Total |
290,187,136 |
25,775,793 |
47,897,261 |
7,500,000 |
- |
- |
371,360,190 |
PROJECT REPORTS (IN
USD) |
Production
Entitlement |
Taxes |
Royalties |
Bonuses |
Fees |
Infrastructure Improvements |
Total |
PROJECTS |
PANNA MUKTA |
290,187,136
[B] |
- |
47,897,261 |
7,500,000 |
- |
- |
345,584,397 |
ENTITY LEVEL
PAYMENT |
BG EXPLORATION AND
PRODUCTION INDIA LIMITED |
- |
25,775,793 |
- |
- |
- |
- |
25,775,793 |
Total |
290,187,136 |
25,775,793 |
47,897,261 |
7,500,000 |
- |
- |
371,360,190 |
[A] Includes payment in kind of $
257,714,625 for 6,187 KBOE valued at market price.
[B] Includes payment in kind of $
257,714,625 for 6,187 KBOE valued at market price.
IRAQ
GOVERNMENT REPORTS (IN USD) |
Production
Entitlement |
Taxes |
Royalties |
Bonuses |
Fees |
Infrastructure Improvements |
Total |
GOVERNMENTS |
SOUTH OIL
COMPANY |
3,360,492,884 [A] |
30,151,344
[B] |
- |
- |
- |
- |
3,390,644,228 |
Total |
3,360,492,884 |
30,151,344 |
- |
- |
- |
- |
3,390,644,228 |
PROJECT REPORTS (IN
USD) |
Production
Entitlement |
Taxes |
Royalties |
Bonuses |
Fees |
Infrastructure Improvements |
Total |
PROJECTS |
MAJNOON |
3,360,492,884 [C] |
17,178,899
[D] |
- |
- |
- |
- |
3,377,671,783 |
WEST QURNA |
- |
12,972,445
[E] |
- |
- |
- |
- |
12,972,445 |
Total |
3,360,492,884 |
30,151,344 |
- |
- |
- |
- |
3,390,644,228 |
[A] Includes payment in kind of $
3,360,492,884 for 68,430 KBOE valued at market price.
[B] Includes payment in kind of $
30,151,344 for 665 KBOE valued at market price.
[C] Includes payment in kind of $
3,360,492,884 for 68,430 KBOE valued at market price.
[D] Includes payment in kind of $
17,178,899 for 364 KBOE valued at market price.
[E] Includes payment in kind of $
12,972,445 for 302 KBOE valued at market price.
KAZAKHSTAN
GOVERNMENT REPORTS (IN USD) |
Production
Entitlement |
Taxes |
Royalties |
Bonuses |
Fees |
Infrastructure Improvements |
Total |
GOVERNMENTS |
WEST KAZAKHSTAN TAX
COMMITTEE |
- |
214,004,779 |
- |
- |
- |
- |
214,004,779 |
Total |
- |
214,004,779 |
- |
- |
- |
- |
214,004,779 |
PROJECT REPORTS (IN
USD) |
Production
Entitlement |
Taxes |
Royalties |
Bonuses |
Fees |
Infrastructure Improvements |
Total |
PROJECTS |
KARACHAGANAK |
- |
214,004,779 |
- |
- |
- |
- |
214,004,779 |
Total |
- |
214,004,779 |
- |
- |
- |
- |
214,004,779 |
MALAYSIA
GOVERNMENT REPORTS (IN USD) |
Production
Entitlement |
Taxes |
Royalties |
Bonuses |
Fees |
Infrastructure Improvements |
Total |
GOVERNMENTS |
PETROLIAM NASIONAL
BERHAD |
1,909,083,412 [A] |
- |
45,433,382 |
- |
35,000,000 |
- |
1,989,516,794 |
MALAYSIA FEDERAL AND
STATE GOVERNMENT |
- |
- |
649,877,734
[B] |
- |
- |
- |
649,877,734 |
PETRONAS CARIGALI
SDN BHD (KL) |
1,323,197,484 [C] |
-760,491 |
- |
- |
- |
- |
1,322,436,993 |
KETUA PENGARAH HASIL
DALAM NEGERI |
- |
191,230,696 |
- |
- |
- |
- |
191,230,696 |
Total |
3,232,280,895 |
190,470,205 |
695,311,115 |
- |
35,000,000 |
- |
4,153,062,216 |
[A] Includes payment in kind of $
927,582,239 for 59,574 KBOE valued at fixed price and
$ 981,501,173 for 17,278 KBOE valued
at market price.
[B] Includes payment in kind of $
230,436,829 for 14,819 KBOE valued at fixed price and
$ 419,440,905 for 7,227 KBOE valued
at market price.
[C] Includes payment in kind of $
546,542,142 for 34,824 KBOE valued at fixed price and
$ 776,655,342 for 13,295 KBOE valued
at market price.
MALAYSIA PROJECT
REPORTS (IN USD) |
Production
Entitlement |
Taxes |
Royalties |
Bonuses |
Fees |
Infrastructure Improvements |
Total |
PROJECTS |
SABAH INBOARD AND
DEEPWATER OIL |
1,353,884,905 [A] |
119,793,775 |
372,351,270
[B] |
- |
- |
- |
1,846,029,950 |
SARAWAK OIL AND
GAS |
1,878,395,990 [C] |
61,890,567 |
321,032,287
[D] |
- |
35,000,000 |
- |
2,296,318,843 |
SABAH GAS – NOT
OPERATED |
- |
5,907,495 |
1,927,559 |
- |
- |
- |
7,835,054 |
ENTITY LEVEL
PAYMENT |
SABAH SHELL
PETROLEUM COMPANY LIMITED |
- |
199,406 |
- |
- |
- |
- |
199,406 |
SHELL OIL AND GAS
(MALAYSIA) LLC |
- |
331,832 |
- |
- |
- |
- |
331,832 |
SARAWAK SHELL
BERHAD |
- |
1,043,629 |
- |
- |
- |
- |
1,043,629 |
SHELL SABAH SELATAN
SDN. BHD. |
- |
1,037,355 |
- |
- |
- |
- |
1,037,355 |
SHELL ENERGY ASIA
LIMITED |
- |
266,145 |
- |
- |
- |
- |
266,145 |
Total |
3,232,280,895 |
190,470,205 |
695,311,115 |
- |
35,000,000 |
- |
4,153,062,216 |
[A] Includes payment in kind of $
1,353,884,905 for 23,033 KBOE valued at market price.
[B] Includes payment in kind of $
357,983,526 for 6,083 KBOE valued at market price.
[C] Includes payment in kind of $
1,474,124,381 for 94,398 KBOE valued at fixed price and
$ 404,271,609 for 7,540 KBOE valued
at market price.
[D] Includes payment in kind of $
230,436,829 for 14,819 KBOE valued at fixed price and
$ 61,457,379 for 1,144 KBOE valued at
market price.
OMAN
GOVERNMENT REPORTS (IN USD) |
Production
Entitlement |
Taxes |
Royalties |
Bonuses |
Fees |
Infrastructure Improvements |
Total |
GOVERNMENTS |
OMAN – MINISTRY OF
FINANCE |
- |
1,618,577,938 [A] |
- |
- |
- |
- |
1,618,577,938 |
Total |
- |
1,618,577,938 |
- |
- |
- |
- |
1,618,577,938 |
PROJECT REPORTS (IN
USD) |
Production
Entitlement |
Taxes |
Royalties |
Bonuses |
Fees |
Infrastructure Improvements |
Total |
PROJECTS |
BLOCK 6
CONCESSION |
- |
1,596,015,439 |
- |
- |
- |
- |
1,596,015,439 |
MUKHAIZNA
PSC |
- |
22,562,499
[B] |
- |
- |
- |
- |
22,562,499 |
Total |
- |
1,618,577,938 |
- |
- |
- |
- |
1,618,577,938 |
[A] Includes payment in kind of $
22,562,499 for 470 KBOE valued at government selling
price.
[B] Includes payment in kind of $
22,562,499 for 470 KBOE valued at government selling
price.
PHILIPPINES
GOVERNMENT REPORTS (IN USD) |
Production
Entitlement |
Taxes |
Royalties |
Bonuses |
Fees |
Infrastructure Improvements |
Total |
GOVERNMENTS |
PNOC EXPLORATION
CORPORATION |
75,440,431 |
- |
- |
- |
- |
- |
75,440,431 |
BUREAU OF INTERNAL
REVENUE |
- |
81,150,797 |
- |
- |
- |
- |
81,150,797 |
DEPARTMENT OF
ENERGY |
321,549,194 |
- |
- |
- |
- |
- |
321,549,194 |
Total |
396,989,625 |
81,150,797 |
- |
- |
- |
- |
478,140,422 |
PROJECT REPORTS (IN
USD) |
Production
Entitlement |
Taxes |
Royalties |
Bonuses |
Fees |
Infrastructure Improvements |
Total |
PROJECTS |
SC 38 MALAMPAYA
GAS |
396,989,625 |
81,150,797 |
- |
- |
- |
- |
478,140,422 |
Total |
396,989,625 |
81,150,797 |
- |
- |
- |
- |
478,140,422 |
QATAR
GOVERNMENT REPORTS (IN USD) |
Production
Entitlement |
Taxes |
Royalties |
Bonuses |
Fees |
Infrastructure Improvements |
Total |
GOVERNMENTS |
RAS LAFFAN
INDUSTRIAL CITY |
- |
- |
- |
- |
40,410,272 |
- |
40,410,272 |
QATAR
PETROLEUM |
292,184,961 |
446,408,467 |
- |
- |
- |
- |
738,593,428 |
Total |
292,184,961 |
446,408,467 |
- |
- |
40,410,272 |
- |
779,003,700 |
PROJECT REPORTS (IN
USD) |
Production
Entitlement |
Taxes |
Royalties |
Bonuses |
Fees |
Infrastructure Improvements |
Total |
PROJECTS |
PEARL GTL |
292,184,961 |
446,408,467 |
- |
- |
40,410,272 |
- |
779,003,700 |
Total |
292,184,961 |
446,408,467 |
- |
- |
40,410,272 |
- |
779,003,700 |
THAILAND
GOVERNMENT REPORTS (IN USD) |
Production
Entitlement |
Taxes |
Royalties |
Bonuses |
Fees |
Infrastructure Improvements |
Total |
GOVERNMENTS |
DEPARTMENT OF
MINERAL FUELS |
- |
- |
61,965,776 |
- |
- |
- |
61,965,776 |
REVENUE
DEPARTMENT |
- |
66,220,587 |
- |
- |
- |
- |
66,220,587 |
MINISTRY OF
ENERGY |
- |
- |
29,704,559 |
- |
- |
- |
29,704,559 |
Total |
- |
66,220,587 |
91,670,335 |
- |
- |
- |
157,890,922 |
PROJECT REPORTS (IN
USD) |
Production
Entitlement |
Taxes |
Royalties |
Bonuses |
Fees |
Infrastructure Improvements |
Total |
PROJECTS |
BONGKOT |
- |
66,220,587 |
91,670,335 |
- |
- |
- |
157,890,922 |
Total |
- |
66,220,587 |
91,670,335 |
- |
- |
- |
157,890,922 |
AUSTRALIA
GOVERNMENT REPORTS (IN USD) |
Production
Entitlement |
Taxes |
Royalties |
Bonuses |
Fees |
Infrastructure Improvements |
Total |
GOVERNMENTS |
DEPARTMENT OF
INDUSTRY |
- |
- |
112,759,091 |
- |
335,418 |
- |
113,091,509 |
AUSTRALIAN TAXATION
OFFICE |
- |
206,732,575 |
- |
- |
- |
- |
206,732,575 |
BANANA SHIRE
COUNCIL |
- |
- |
- |
- |
128,287 |
- |
128,287 |
WESTERN DOWNS
REGIONAL COUNCIL |
- |
- |
- |
- |
13,413,908 |
5,769,116 |
19,183,024 |
OFFICE OF STATE
REVENUE |
- |
- |
2,751,640 |
- |
- |
- |
2,751,640 |
DEPARTMENT OF
NATURAL RESOURCES AND MINES |
- |
- |
- |
- |
2,450,885 |
- |
2,450,885 |
DEPARTMENT OF
ENVIRONMENT AND HERITAGE |
- |
- |
- |
- |
1,017,868 |
- |
1,017,868 |
Total |
- |
206,732,575 |
115,507,731 |
- |
17,346,366 |
5,769,116 |
345,355,788 |
PROJECT REPORTS (IN
USD) |
Production
Entitlement |
Taxes |
Royalties |
Bonuses |
Fees |
Infrastructure Improvements |
Total |
PROJECTS |
PRELUDE |
- |
- |
- |
- |
114,511 |
- |
114,511 |
NORTH WEST
SHELF |
- |
- |
112,756,091 |
- |
- |
- |
112,756,091 |
AUSTRALIA
EXPLORATION PROJECTS |
- |
- |
- |
- |
220,907 |
- |
220,907 |
QGC PROJECT |
- |
- |
2,751,640 |
- |
17,010,948 |
5,769,116 |
25,531,704 |
ENTITY LEVEL
PAYMENT |
SHELL AUSTRALIA PTY
LTD |
- |
1,036,872 |
- |
- |
- |
- |
1,036,872 |
SHELL ENERGY
HOLDINGS AUSTRALIA LIMITED |
- |
205,695,703 |
- |
- |
- |
- |
205,695,703 |
Total |
- |
206,732,575 |
115,507,731 |
- |
17,346,366 |
5,769,116 |
345,355,788 |
NEW
ZEALAND
GOVERNMENT REPORTS (IN USD) |
Production
Entitlement |
Taxes |
Royalties |
Bonuses |
Fees |
Infrastructure Improvements |
Total |
GOVERNMENTS |
MINISTRY OF
BUSINESS, INNOVATION AND EMPLOYMENT |
- |
- |
34,840,002 |
- |
149,768 |
- |
34,989,770 |
INLAND REVENUE
DEPARTMENT |
- |
44,412,263 |
- |
- |
- |
- |
44,412,263 |
Total |
- |
44,412,263 |
34,840,002 |
- |
149,768 |
- |
79,402,033 |
PROJECT REPORTS (IN
USD) |
Production
Entitlement |
Taxes |
Royalties |
Bonuses |
Fees |
Infrastructure Improvements |
Total |
PROJECTS |
POHOKURA |
- |
- |
33,339,732 |
- |
- |
- |
33,339,732 |
MAUI |
- |
- |
1,500,270 |
- |
- |
- |
1,500,270 |
ENTITY LEVEL
PAYMENT |
SHELL NEW ZEALAND
(2011) LIMITED |
- |
44,412,263 |
- |
- |
149,768 |
- |
44,562,031 |
Total |
- |
44,412,263 |
34,840,002 |
- |
149,768 |
- |
79,402,033 |
EGYPT
GOVERNMENT REPORTS (IN USD) |
Production
Entitlement |
Taxes |
Royalties |
Bonuses |
Fees |
Infrastructure Improvements |
Total |
GOVERNMENTS |
EGYPTIAN GENERAL
PETROLEUM COMPANY |
- |
116,328,138 |
- |
18,000,027 |
- |
- |
134,328,164 |
Total |
- |
116,328,138 |
- |
18,000,027 |
- |
- |
134,328,164 |
PROJECT REPORTS (IN
USD) |
Production
Entitlement |
Taxes |
Royalties |
Bonuses |
Fees |
Infrastructure Improvements |
Total |
PROJECTS |
EGYPT OFFSHORE
EXPLORATION |
- |
3,233,480 |
- |
- |
- |
- |
3,233,480 |
BADR
EL-DIN (BED) |
- |
55,637,061 |
- |
- |
- |
- |
55,637,061 |
NORTH EAST ABU
GHARADIG (NEAG) |
- |
15,883,091 |
- |
- |
- |
- |
15,883,091 |
OBAIYED |
- |
41,574,506 |
- |
- |
- |
- |
41,574,506 |
NORTH
UMBARAKA |
- |
- |
- |
18,000,027 |
- |
- |
18,000,027 |
Total |
- |
116,328,138 |
- |
18,000,027 |
- |
- |
134,328,164 |
GABON
GOVERNMENT REPORTS (IN USD) |
Production
Entitlement |
Taxes |
Royalties |
Bonuses |
Fees |
Infrastructure Improvements |
Total |
GOVERNMENTS |
TRESORIER PAY.GEN.
DU GABON |
470,790 |
- |
52,105,017 |
- |
2,879,249 |
- |
55,455,056 |
GABON OIL
COMPANY |
149,189,889
[A] |
- |
- |
- |
- |
- |
149,189,889 |
COMMUNE DE
GAMBA. |
- |
- |
- |
- |
- |
7,396,504 |
7,396,504 |
Total |
149,660,679 |
- |
52,105,017 |
- |
2,879,249 |
7,396,504 |
212,041,449 |
PROJECT REPORTS (IN
USD) |
Production
Entitlement |
Taxes |
Royalties |
Bonuses |
Fees |
Infrastructure Improvements |
Total |
PROJECTS |
GABON
EXPLORATION |
- |
- |
- |
- |
118,468 |
- |
118,468 |
GABON NORTH
EAST |
95,444,008
[B] |
- |
25,236,659 |
- |
1,843,880 |
- |
122,524,547 |
GABON
CENTRAL |
53,411,166
[C] |
- |
15,938,375 |
- |
626,015 |
- |
69,975,556 |
GABON SOUTH |
805,505
[D] |
- |
10,929,983 |
- |
290,886 |
7,396,504 |
19,422,877 |
Total |
149,660,679 |
- |
52,105,017 |
- |
2,879,249 |
7,396,504 |
212,041,449 |
A] Includes payment in kind of $
149,189,889 for 2,914 KBOE valued at market price.
[B] Includes payment in kind of $
95,444,008 for 1,866 KBOE valued at market price.
[C] Includes payment in kind of $
53,411,166 for 1,042 KBOE valued at market price.
[D] Includes payment in kind of $
334,715 for 7 KBOE valued at market price.
NIGERIA
GOVERNMENT REPORTS (IN USD) |
Production
Entitlement |
Taxes |
Royalties |
Bonuses |
Fees |
Infrastructure Improvements |
Total |
GOVERNMENTS |
NIGERIAN NATIONAL
PETROLEUM CORPORATION |
3,197,530,557 [A] |
- |
- |
- |
- |
- |
3,197,530,557 |
NIGER DELTA
DEVELOPMENT COMMISSION |
- |
- |
- |
- |
79,675,241 |
- |
79,675,241 |
DEPARTMENT OF
PETROLEUM RESOURCES |
- |
- |
245,769,306
[B] |
- |
34,241,090 |
- |
280,010,396 |
FEDERAL INLAND
REVENUE SERVICE |
- |
765,526,389
[C] |
- |
- |
- |
- |
765,526,389 |
Total |
3,197,530,557 |
765,526,389 |
245,769,306 |
- |
113,916,331 |
- |
4,322,742,582 |
[A] Includes payment in kind of $
3,197,530,557 for 111,155 KBOE valued at market price.
[B] Includes payment in kind of $
34,847,300 for 627 KBOE valued at market price.
[C] Includes payment in kind of $
605,889,970 for 11,055 KBOE valued at market price.
NIGERIA PROJECT REPORTS
(IN USD) |
Production
Entitlement |
Taxes |
Royalties |
Bonuses |
Fees |
Infrastructure Improvements |
Total |
PROJECTS |
SPDC SHALLOW
WATER |
273,747,172
[A] |
- |
- |
- |
- |
- |
273,747,172 |
SPDC WEST |
577,527,685
[B] |
- |
- |
- |
- |
- |
577,527,685 |
SPDC EAST |
1,413,062,569 [C] |
- |
- |
- |
- |
- |
1,413,062,569 |
PSC 1993
(OPL212/OML118, OPL219/OML135) |
933,193,130
[D] |
415,978,890
[E] |
34,847,300
[F] |
- |
- |
- |
1,384,019,320 |
PSC 1993
(OPL209) |
- |
189,911,080
[G] |
- |
- |
- |
- |
189,911,080 |
ENTITY LEVEL
PAYMENT |
THE SHELL PETROLEUM
DEVELOPMENT COMPANY OF NIGERIA LIMITED |
- |
159,636,419 |
210,922,006 |
- |
113,916,331 |
- |
484,474,756 |
Total |
3,197,530,557 |
765,526,389 |
245,769,306 |
- |
113,916,331 |
- |
4,322,742,582 |
[A] Includes payment in kind of $
273,747,172 for 5,129 KBOE valued at market price.
[B] Includes payment in kind of $
577,527,685 for 10,541 KBOE valued at market price.
[C] Includes payment in kind of $
1,413,062,569 for 78,815 KBOE valued at market price.
[D] Includes payment in kind of $
933,193,130 for 16,670 KBOE valued at market price.
[E] Includes payment in kind of $
415,978,890 for 7,590 KBOE valued at market price.
[F] Includes payment in kind of $
34,847,300 for 627 KBOE valued at market price.
[G] Includes payment in kind of $
189,911,080 for 3,464 KBOE valued at market price.
TUNISIA
GOVERNMENT REPORTS (IN USD) |
Production
Entitlement |
Taxes |
Royalties |
Bonuses |
Fees |
Infrastructure Improvements |
Total |
GOVERNMENTS |
ENTREPRISE
TUNISIENNE D’ACTIVITES PETROLIERES |
- |
- |
7,428,428
[A] |
- |
- |
- |
7,428,428 |
MONSIEUR LE RECEVEUR
DES FINANCES DU LAC |
- |
118,146,825 |
19,030,812 |
- |
- |
- |
137,177,637 |
Total |
- |
118,146,825 |
26,459,240 |
- |
- |
- |
144,606,065 |
PROJECT REPORTS (IN
USD) |
Production
Entitlement |
Taxes |
Royalties |
Bonuses |
Fees |
Infrastructure Improvements |
Total |
PROJECTS |
HASDRUBAL
CONCESSION |
- |
25,055,429 |
6,575,929
[B] |
- |
- |
- |
31,631,358 |
MISKAR
CONCESSION |
- |
93,091,396 |
19,883,311
[C] |
- |
- |
- |
112,974,708 |
Total |
- |
118,146,825 |
26,459,240 |
- |
- |
- |
144,606,065 |
[A] Includes payment in kind of $
7,428,428 for 200 KBOE valued at market price.
[B] Includes payment in kind of $
5,353,995 for 142 KBOE valued at market price.
[C] Includes payment in kind of $
2,074,433 for 58 KBOE valued at market price.
CANADA
GOVERNMENT REPORTS (IN USD) |
Production
Entitlement |
Taxes |
Royalties |
Bonuses |
Fees |
Infrastructure Improvements |
Total |
GOVERNMENTS |
PROVINCIAL TREASURER
OF ALBERTA |
- |
-148,710 |
- |
- |
4,900,621 |
- |
4,751,911 |
RECEIVER GENERAL FOR
CANADA |
- |
- |
5,173,144 |
- |
162,193 |
- |
5,335,338 |
CANADA-NOVA SCOTIA
OFFSHORE PETROLEUM BOARD |
- |
- |
- |
- |
668,582 |
- |
668,582 |
GOVERNMENT OF
ALBERTA |
- |
- |
120,152,686 |
- |
- |
- |
120,152,686 |
MINISTRY OF
EMPLOYMENT AND INVESTMENT |
- |
- |
- |
- |
796,557 |
- |
796,557 |
MINISTER OF FINANCE
(BC) |
- |
- |
4,449,867 |
- |
664,892 |
- |
5,114,759 |
ALBERTA PETROLEUM
MARKETING COMMISSION |
- |
- |
1,245,345 |
- |
- |
- |
1,245,345 |
MUNICIPAL DISTRICT
OF GREENVIEW |
- |
- |
- |
- |
1,016,189 |
- |
1,016,189 |
MIKISEW CREE
GOVERNMENT |
- |
- |
- |
- |
130,361 |
- |
130,361 |
MIKISEW CREE FIRST
NATION TRUST |
- |
- |
- |
- |
814,755 |
- |
814,755 |
ROYAL TRUST
CORPORATION OF CANADA – FORT MCKAY FIRST NATION |
- |
- |
- |
- |
2,036,749 |
- |
2,036,749 |
Total |
- |
-148,710 |
131,021,043 |
- |
11,190,899 |
- |
142,063,232 |
CANADA PROJECT REPORTS
(IN USD) |
Production
Entitlement |
Taxes |
Royalties |
Bonuses |
Fees |
Infrastructure Improvements |
Total |
PROJECTS |
INSITU |
- |
- |
7,428,834 |
- |
535,023 |
- |
7,963,857 |
SABLE
DEEPWATER |
- |
- |
2,408,679 |
- |
173,833 |
- |
2,582,512 |
GROUNDBIRCH |
- |
- |
4,449,867 |
- |
1,350,509 |
- |
5,800,376 |
GREATER DEEP
BASIN |
- |
- |
7,142,975 |
- |
3,944,887 |
- |
11,087,862 |
FOOTHILLS |
- |
- |
7,415,552 |
- |
594,957 |
- |
8,010,510 |
ATHABASCA OIL
SANDS |
- |
- |
102,175,135 |
- |
3,555,231 |
- |
105,730,367 |
ENTITY LEVEL
PAYMENT |
SHELL CANADA
LIMITED |
- |
-148,710 |
- |
- |
- |
- |
-148,710 |
SHELL CANADA
ENERGY |
- |
- |
- |
- |
1,036,458 |
- |
1,036,458 |
Total |
- |
-148,710 |
131,021,043 |
- |
11,190,899 |
- |
142,063,232 |
UNITED
STATES OF AMERICA (USA)
GOVERNMENT REPORTS (IN USD) |
Production
Entitlement |
Taxes |
Royalties |
Bonuses |
Fees |
Infrastructure Improvements |
Total |
GOVERNMENTS |
INTERNAL REVENUE
SERVICE |
- |
-124,780,064 |
- |
- |
- |
- |
-124,780,064 |
COMMONWEALTH OF
PENNSYLVANIA |
- |
- |
- |
- |
7,468,989 |
- |
7,468,989 |
PA DEPARTMENT OF
CONSERVATION ANDNATURAL RESOURCES |
- |
- |
149,234 |
- |
- |
- |
149,234 |
STATE OF
TEXAS |
- |
27,399,389 |
28,190,317 |
- |
724,950 |
- |
56,314,656 |
TEXAS GENERAL LAND
OFFICE |
- |
- |
- |
- |
2,070,266 |
- |
2,070,266 |
THE UNIVERSITY OF
TEXAS SYSTEM |
- |
- |
- |
- |
1,765,668 |
- |
1,765,668 |
STATE OF
LOUISIANA |
- |
-523,054 |
- |
- |
- |
- |
-523,054 |
DIRECTOR, DIVISION
OF OIL AND GAS |
- |
- |
- |
- |
243,408 |
- |
243,408 |
OFFICE OF NATURAL
RESOURCES REVENUE |
- |
- |
450,119,403 |
- |
88,876,595 |
- |
538,995,998 |
Total |
- |
-97,903,729 |
478,458,954 |
- |
101,149,875 |
- |
481,705,100 |
UNITED STATES OF
AMERICA (USA) PROJECT REPORTS (IN USD) |
Production
Entitlement |
Taxes |
Royalties |
Bonuses |
Fees |
Infrastructure Improvements |
Total |
PROJECTS |
APPALACHIA |
- |
- |
149,234 |
- |
7,468,989 |
- |
7,618,222 |
PERMIAN |
- |
27,399,389 |
28,190,317 |
- |
4,560,883 |
- |
60,150,590 |
NON-CORE
ASSETS |
- |
-173,054 |
- |
- |
- |
- |
-173,054 |
ALASKA
EXPLORATION |
- |
- |
- |
- |
243,408 |
- |
243,408 |
GOM (WEST) |
- |
- |
113,147,794 |
- |
, |
- |
113,147,794 |
GOM
(CENTRAL) |
- |
- |
336,813,209 |
- |
, |
- |
336,813,209 |
GOM
EXPLORATION |
- |
- |
158,400 |
- |
88,876,595 |
- |
89,034,995 |
ENTITY LEVEL
PAYMENT |
SHELL FRONTIER OIL
AND GAS INC. |
- |
-2,897,863 |
- |
- |
- |
- |
-2,897,863 |
SHELL ONSHORE
VENTURES INC. |
- |
-1,826,280 |
- |
- |
- |
- |
-1,826,280 |
SWEPI LP |
- |
-20,015,047 |
- |
- |
- |
- |
-20,015,047 |
SHELL EXPLORATION
AND PRODUCTION COMPANY |
- |
-350,000 |
- |
- |
- |
- |
-350,000 |
SHELL OFFSHORE
INC. |
- |
-100,040,874 |
- |
- |
- |
- |
-100,040,874 |
Total |
- |
-97,903,729 |
478,458,954 |
- |
101,149,875 |
- |
481,705,100 |
ARGENTINA
GOVERNMENT REPORTS (IN USD) |
Production
Entitlement |
Taxes |
Royalties |
Bonuses |
Fees |
Infrastructure Improvements |
Total |
GOVERNMENTS |
PROVINCIA DEL
NEUQUEN |
- |
- |
6,600,083 |
- |
299,392 |
- |
6,899,475 |
GAS Y PETROLEO DEL
NEUQUEN S.A. |
- |
- |
- |
- |
219,076 |
- |
219,076 |
PROVINCIA DE
SALTA |
- |
- |
5,300,723 |
- |
- |
- |
5,300,723 |
AFIP DIRECCIÓN
GENERAL IMPOSITIVA |
- |
1,033,863 |
- |
- |
- |
- |
1,033,863 |
Total |
- |
1,033,863 |
11,900,805 |
- |
518,468 |
- |
13,453,136 |
PROJECT REPORTS (IN
USD) |
Production
Entitlement |
Taxes |
Royalties |
Bonuses |
Fees |
Infrastructure Improvements |
Total |
PROJECTS |
ARGENTINA
UNCONVENTIONAL PROJECTS |
- |
- |
6,600,083 |
- |
518,468 |
- |
7,118,550 |
ACAMBUCO |
- |
- |
5,300,723 |
- |
- |
- |
5,300,723 |
ENTITY LEVEL
PAYMENT |
O & G
DEVELOPMENTS LTD S.A. |
- |
1,033,863 |
- |
- |
- |
- |
1,033,863 |
Total |
- |
1,033,863 |
11,900,805 |
- |
518,468 |
- |
13,453,136 |
BOLIVIA
GOVERNMENT REPORTS (IN USD) |
Production
Entitlement |
Taxes |
Royalties |
Bonuses |
Fees |
Infrastructure Improvements |
Total |
GOVERNMENTS |
NATIONAL OIL COMPANY
OF BOLIVIA |
- |
- |
- |
- |
1,615,764 |
- |
1,615,764 |
Total |
- |
- |
- |
- |
1,615,764 |
- |
1,615,764 |
PROJECT REPORTS (IN
USD) |
Production
Entitlement |
Taxes |
Royalties |
Bonuses |
Fees |
Infrastructure Improvements |
Total |
PROJECTS |
HUACARETA |
- |
- |
- |
- |
1,064,999 |
- |
1,064,999 |
LA
VERTIENTE |
- |
- |
- |
- |
550,764 |
- |
550,764 |
Total |
- |
- |
- |
- |
1,615,764 |
- |
1,615,764 |
BRAZIL
GOVERNMENT REPORTS (IN USD) |
Production
Entitlement |
Taxes |
Royalties |
Bonuses |
Fees |
Infrastructure Improvements |
Total |
GOVERNMENTS |
MINISTERIO DA
FAZENDA |
- |
- |
1,463,568,826 |
102,465,331 |
2,839,161 |
- |
1,568,873,319 |
PRÉ-SAL PETRÓLEO
SA |
646,465
[A] |
- |
- |
- |
- |
- |
646,465 |
Total |
646,465 |
- |
1,463,568,826 |
102,465,331 |
2,839,161 |
- |
1,569,519,784 |
PROJECT REPORTS (IN
USD) |
Production
Entitlement |
Taxes |
Royalties |
Bonuses |
Fees |
Infrastructure Improvements |
Total |
PROJECTS |
BC-10 |
- |
- |
35,127,489 |
- |
1,059,888 |
- |
36,187,378 |
BIJUPIRA AND
SALEMA |
- |
- |
18,054,263 |
- |
424,776 |
- |
18,479,039 |
BASIN EXPLORATION
PROJECTS |
- |
- |
- |
83,975,347 |
297,665 |
- |
84,273,012 |
BM-S-9, BM-S-9A,
BM-S-11, BM-S-11A and Entorno de Sapinhoá |
- |
- |
1,410,197,441 |
18,489,985 |
- |
- |
1,428,687,426 |
BARREIRINHAS |
- |
- |
- |
- |
1,056,832 |
- |
1,056,832 |
LIBRA PSC |
646,465
[B] |
- |
189,633 |
- |
- |
- |
836,098 |
Total |
646,465 |
- |
1,463,568,826 |
102,465,331 |
2,839,161 |
- |
1,569,519,784 |
[A] Includes payments in kind of $
646,465 for 12 KBOE valued at Market price.
[B] Includes payments in kind of $
646,465 for 12 KBOE valued at Market price.
TRINIDAD
AND TOBAGO
OVERNMENT REPORTS (IN USD) |
Production
Entitlement |
Taxes |
Royalties |
Bonuses |
Fees |
Infrastructure Improvements |
Total |
GOVERNMENTS |
MINISTRY OF ENERGY
AND ENERGY AFFAIRS |
30,315,077 |
17,310,000 |
4,340,353 |
- |
8,465,827 |
- |
60,431,256 |
Total |
30,315,077 |
17,310,000 |
4,340,353 |
- |
8,465,827 |
- |
60,431,256 |
PROJECT REPORTS (IN
USD) |
Production
Entitlement |
Taxes |
Royalties |
Bonuses |
Fees |
Infrastructure Improvements |
Total |
PROJECTS |
NORTH COAST MARINE
AREA 1 (NCMA1) |
27,668,794 |
17,310,000 |
- |
- |
4,511,997 |
- |
49,490,791 |
BLOCK 6B |
1,221,574 |
- |
- |
- |
- |
- |
1,221,574 |
CENTRAL
BLOCK |
- |
- |
4,340,353 |
- |
599,176 |
- |
4,939,528 |
BLOCK 5A AND
E |
1,424,709 |
- |
- |
- |
1,330,218 |
- |
2,754,927 |
BLOCK 5C, 5D AND
6D |
- |
- |
- |
- |
2,024,436 |
- |
2,024,436 |
Total |
30,315,077 |
17,310,000 |
4,340,353 |
- |
8,465,827 |
- |
60,431,256 |
CAUTIONARY NOTE
The companies in which Royal Dutch
Shell plc directly and indirectly owns investments are
separate legal entities. In this Report "Shell", "Shell group" and
"Royal Dutch Shell" are sometimes
used for convenience where references are made to Royal Dutch Shell plc and its subsidiaries in
general. Likewise, the words "we", "us" and "our" are also used to
refer to subsidiaries in general or to those who work for them.
These expressions are also used where no useful purpose is served
by identifying the particular company or companies. "Subsidiaries",
"Shell subsidiaries", and "Shell companies" as used in this Report
refer to companies over which Royal Dutch
Shell plc either directly or indirectly has control.
Entities and unincorporated arrangements over which Shell has joint
control are generally referred to as "joint ventures" and "joint
operations" respectively. Entities over which Shell has significant
influence but neither control nor joint control are referred to as
"associates". The term "Shell interest" is used for convenience to
indicate the direct and/or indirect ownership interest held by
Shell in a venture, partnership or company, after exclusion of all
third-party interest.
LEI number of Royal Dutch Shell
plc: 21380068P1DRHMJ8KU70
Classification: Payments to governments