BP PLC
Shafag-Asiman - PSA 2.1 2.1
Shah Deniz - PSA (g)969.2 0.6 969.7
Shallow Water Absheron
Peninsula (SWAP) PSA 0.6 0.6
Total 5,688.1 94.5 2.8 450.6 6,236.0
(a) Payments in kind for 25.5 million bbls of crude oil valued at netback value per the Production Sharing
Agreement.
(b) Includes payments in kind of USD75.5 million for 1.9 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 USD50.6 million for 1.3 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 2.2 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 USD3,740.9 million for 93.9 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 USD4,587.8 million for 114.3 million bbls of crude oil valued at netback value
per the Production Sharing Agreement and payments in kind of USD131.2 million for 2.2 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 USD304.0 million for 8.4 million bbls of crude oil valued at netback value per
the Production Sharing Agreement and the remaining production entitlement was paid in cash. Brazil USD million
Production Infrastructure
GOVERNMENTS Entitlements Taxes Royalties Fees Bonuses Improvements Total
Agencia Nacional do Petroleo, Gas
Natural e Biocombustíveis (ANP) 1.7 1.7
Secretaria da Receita Federal (1.9) (1.9)
Total (1.9) 1.7 (0.2)
Production Infrastructure
PROJECTS Entitlements Taxes Royalties Fees Bonuses Improvements Total
BM-C-30 0.4 0.4
BM-C-32 (C-M-61) 0.3 0.3
BM-C-35 0.3 0.3
CM-755 0.3 0.3
CM-793 0.3 0.3
Payments not attributable to
projects (1.9) (1.9)
Total (1.9) 1.7 (0.2) Canada USD million
Production Infrastructure
GOVERNMENTS Entitlements Taxes Royalties Fees Bonuses Improvements Total
Canada Newfoundland and
Labrador Offshore Petroleum
Board (CNLOPB) 0.2 0.2
Canada Nova Scotia Offshore
Petroleum Board (CNSOPB) 0.3 0.3
Canada Revenue Agency 0.8 0.8
Government of Alberta (5.2) 0.1 0.3 (4.8)
Total (5.2) 0.1 1.6 (3.5)
Production Infrastructure
PROJECTS Entitlements Taxes Royalties Fees Bonuses Improvements Total
Kirby Leismer 0.1 0.1
Newfoundland Exploration 0.2 0.2
Nova Scotia Exploration 1.1 1.1
Terre De Grace 0.3 0.3
Payments not attributable
to projects (5.2) (5.2)
Total (5.2) 0.1 1.6 (3.5) Egypt USD million
Production Infrastructure
GOVERNMENTS Entitlements Taxes Royalties Fees Bonuses Improvements Total
Egyptian Natural Gas Holding
Company (EGAS) 0.9 3.5 4.4
Egyptian Tax Authority (a)270.8 270.8
Total 270.8 0.9 3.5 275.2
Production Infrastructure
PROJECTS Entitlements Taxes Royalties Fees Bonuses Improvements Total
Baltim (a)5.7 5.7
East Morgan (a)2.6 2.6
East Tanka (a)1.1 1.1
El Matareya 0.4 0.4
El Qaraa (a)56.5 56.5
Gulf Of Suez (a)72.7 72.7
LL 87 (Saqqara) (a)3.4 3.4
North Damietta (a)46.9 46.9
North El Salum 1.0 1.0
North El Tabya Offshore 0.3 0.3
North October (a)0.4 0.4
North Ras El Esh 0.3 0.3
Ras El Bar (a)11.9 11.9
South Belayim (a)6.7 6.7
Temsah (a)8.0 8.0
West Sherbine 2.5 2.5
Zohr (a)54.8 54.8
Total 270.8 0.9 3.5 275.2
(a) Pursuant to the relevant agreements, Egyptian General Petroleum Corporation (EGPC) paid these taxes on
bp's behalf out of production entitlement.
Gambia USD million
Production Infrastructure
GOVERNMENTS Entitlements Taxes Royalties Fees Bonuses Improvements Total
Ministry of Petroleum and
Energy 0.6 0.6
Total 0.6 0.6
Production Infrastructure
PROJECTS Entitlements Taxes Royalties Fees Bonuses Improvements Total
A1 0.6 0.6
Total 0.6 0.6 Indonesia USD million
Production Infrastructure
GOVERNMENTS Entitlements Taxes Royalties Fees Bonuses Improvements Total
Ministry of Finance (a)362.8 125.6 488.4
Total 362.8 125.6 488.4
Production Infrastructure
PROJECTS Entitlements Taxes Royalties Fees Bonuses Improvements Total
Tangguh (a)362.8 125.6 488.4
Total 362.8 125.6 488.4
(a) Includes payments in kind of USD30.3 million for 0.9 million bbls of condensates valued per the Production
Sharing Agreement and the remaining production entitlement for LNG was paid in cash. Iraq USD million
Production Infrastructure
GOVERNMENTS Entitlements Taxes Royalties Fees Bonuses Improvements Total
Basra Governorate 2.6 2.6
Basra Oil Company 0.2 0.2
General Commission for Taxes 114.2 114.2
Ministry of Oil 0.2 0.2
Total 114.2 0.4 2.6 117.3
Production Infrastructure
PROJECTS Entitlements Taxes Royalties Fees Bonuses Improvements Total
Rumaila 114.2 0.4 2.6 117.3
Total 114.2 0.4 2.6 117.3 (MORE TO FOLLOW) Dow Jones Newswires
May 27, 2021 09:01 ET (13:01 GMT)
