RNS Number : 0166C
Cairn Energy PLC
12 June 2019
12 June 2019
CAIRN ENERGY PLC ("Cairn" or "the Company")
Report on payments to governments for the year ended 31 December 2018
Cairn has prepared the following report in respect of payments made to governments during the year ended 31 December 2018. The information provided in this report is in accordance with the Reports on Payments to Governments Regulations 2014 (2014/3209) and DTR 4.3A of the Financial Conduct Authority's Disclosure and Transparency Rules.
The payments disclosed in accordance with the regulations are payments made or received from national governments on a cash basis, and are shown based on where the obligation for the payment arose - i.e. at a project or corporate level.
This report is available to download from our website: https://www.cairnenergy.com/investors/regulatory-news/
Disclosure by licence and country
Produc- | Produc- | Taxes | Royalties | Dividends | Bonus | Licence | Infras- | |
tion | tion | payments | fees | tructure | ||||
entitle- | entitle- | improve- | ||||||
ments | ments* | ments | ||||||
bbls'000 | USD'000 | USD'000 | USD'000 | USD'000 | USD'000 | USD'000 | USD'000 | |
CNH-R02-L01-A9.CS-2017 | - | - | - | - | - | - | 1,087 | - |
CNH-R03-L01-G-TMV-01- | - | - | - | - | - | - | 755 | - |
2018 | ||||||||
Total, Mexico | - | - | - | - | - | - | 1,842 | - |
FEL 2/04 | - | - | - | - | - | - | 20 | - |
FEL 4/08 | - | - | - | - | - | - | 34 | - |
LO16/18 | - | - | - | - | - | - | 11 | - |
LO16/19 | - | - | - | - | - | - | 11 | - |
Corporate | - | - | - | - | - | - | 9 | - |
Total, Ireland | - | - | - | - | - | - | 85 | - |
P2184 (Blocks 22/18c, | - | - | - | - | - | - | 47 | - |
22/19d) | ||||||||
P2312 (Blocks 3/16a, | - | - | - | - | - | - | 24 | - |
3/17a) | ||||||||
Corporate | - | - | - | - | - | - | 13 | - |
Total, UK | - | - | - | - | - | - | 84 | - |
PL248 (Part of Block 35/11) | - | - | - | - | - | - | 623 | - |
Corporate | - | - | - | - | - | - | 66 | - |
Corporate | - | - | (37,355) | - | - | - | - | - |
Total, Norway | - | - | (37,355) | - | - | - | 689 | - |
Sangomar-Rufisque | - | - | - | - | - | - | 107 | - |
Total, Senegal | - | - | - | - | - | - | 107 | - |
Block CI-301 | - | - | - | - | - | - | 178 | - |
Block CI-302 | - | - | - | - | - | - | 178 | - |
Block CI-518 | - | - | - | - | - | - | 178 | - |
Block CI-519 | - | - | - | - | - | - | 178 | - |
Block CI-520 | - | - | - | - | - | - | 178 | - |
Block CI-521 | - | - | - | - | - | - | 178 | - |
Block CI-522 | - | - | - | - | - | - | 178 | - |
Total, Côte d'Ivoire | - | - | - | - | - | - | 1,246 | - |
Disclosure by Government
Produc- | Produc- | Taxes | Royalties | Dividends | Bonus | Licence | Infras- | |
tion | tion | payments | fees | tructure | ||||
entitle- | entitle- | improve- | ||||||
ments | ments* | ments | ||||||
bbls'000 | USD'000 | USD'000 | USD'000 | USD'000 | USD'000 | USD'000 | USD'000 | |
Fondo Mexicano del | - | - | - | - | - | - | 780 | - |
Petroleo |
Comisión Nacional de | - | - | - | - | - | - | 16 | - |
Hidrocarburos | ||||||||
Servicio de Administración | - | - | - | - | - | - | 1,046 | - |
Tributaria | ||||||||
Total, Mexico | - | - | - | - | - | - | 1,842 | - |
Department of | - | - | - | - | - | - | 85 | - |
Communications, Climate | ||||||||
Action and Environment | ||||||||
Total, Ireland | - | - | - | - | - | - | 85 | - |
Oil and Gas Authority | - | - | - | - | - | - | 84 | - |
Total, UK | - | - | - | - | - | - | 84 | - |
Oljedirektoratet | - | - | - | - | - | - | 689 | - |
Skatteetaten | - | - | (37,355) | - | - | - | - | - |
Total, Norway | - | - | (37,355) | - | - | - | 689 | - |
Société des Pétroles du | - | - | - | - | - | - | 107 | - |
Sénégal | ||||||||
Total, Senegal | - | - | - | - | - | - | 107 | - |
Direction Générale des | - | - | - | - | - | - | 1,246 | - |
Hydrocarbures | ||||||||
Total, Côte d'Ivoire | - | - | - | - | - | - | 1,246 | - |
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Cairn Energy plc published this content on 12 June 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 June 2019 15:38:03 UTC