17th Jun 2020 13:00
17 June 2020
CAIRN ENERGY PLC ("Cairn" or "the Company")
Report on payments to governments for the year ended 31 December 2019
Cairn has prepared the following report in respect of payments made to governments during the year ended 31 December 2019. 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: http://www.cairnenergy.com
Disclosure by licence and country
Produc-tion entitle-ments | Signature bonuses | Taxes | Royalties | Dividends | Bonus payments | Licence fees | Infras-tructure improve-ments | |
bbls'000 | USD'000 | USD'000 | USD'000 | USD'000 | USD'000 | USD'000 | USD'000 | |
CNH-R02-L01-A7.CS-2017 | - | - | - | - | - | - | - | - |
CNH-R02-L01-A9.CS-2017 | - | - | - | - | - | - | 1,165 | |
CNH-R03-L01-G-TMV-01-2018 | - | - | - | - | - | - | 1,794 | - |
Corporate | - | - | 397 | - | - | - | - | - |
Total, Mexico | - | - | 397 | - | - | - | 2,959 | - |
FEL 2/04 | - | - | - | - | - | - | 20 | - |
FEL 4/08 | - | - | - | - | - | - | - | - |
LO 16/18 | - | - | - | - | - | - | - | - |
LO 16/19 | - | - | - | - | - | - | - | - |
Corporate | - | - | - | - | - | - | 9 | - |
Total, Ireland | - | - | - | - | - | - | 29 | - |
P2184 | - | - | - | - | - | - | 6 | - |
Corporate | - | - | - | - | - | - | 60 | - |
Total, UK | - | - | - | - | - | - | 66 | - |
PL248J (Part of 35/11) | 1,291 | |||||||
PL758 (Blocks 6508/1, 6608/10, 6608/11) | - | - | - | - | - | - | 524 | - |
Corporate | - | - | (30,886) | - | - | - | 66 | - |
Total, Norway | - | - | (30,886) | - | - | - | 1,881 | - |
Block 39 | - | 113 | - | - | - | - | 12 | - |
Block 40 | - | 113 | - | - | - | - | 12 | - |
Block 45 | - | 113 | - | - | - | - | 12 | - |
Block 46 | - | 113 | - | - | - | - | 12 | - |
Block 47 | - | 105 | - | - | - | - | 7 | - |
Block 48 | - | 105 | - | - | - | - | 12 | - |
Block 52 | - | 105 | - | - | - | - | 4 | - |
Block 53 | - | 105 | - | - | - | - | 11 | - |
Corporate | - | - | - | - | - | - | - | - |
Total, Israel | - | 872 | - | - | - | - | 82 | - |
Disclosure by Government
Produc-tion entitle-ments | Signature bonuses | Taxes | Royalties | Dividends | Bonus payments | Licence fees | Infras-tructure improve-ments | |
bbls'000 | USD'000 | USD'000 | USD'000 | USD'000 | USD'000 | USD'000 | USD'000 | |
Fondo Mexicano del Petroleo | - | - | - | - | - | - | 1,294 | - |
Comisión Nacional de Hidrocarburos | - | - | - | - | - | - | 5 | - |
Servicio de Administración Tributaria | - | - | 397 | - | - | - | 1,660 | - |
Total, Mexico | - | - | 397 | - | - | - | 2,959 | - |
Department of Communications, Climate Action and Environment | - | - | - | - | - | - | 29 | - |
Total, Ireland | - | - | - | - | - | - | 29 | - |
Oil and Gas Authority | - | - | - | - | - | - | 66 | - |
Total, UK | - | - | - | - | - | - | 66 | - |
Oljedirektoratet | - | - | - | - | - | - | 1,881 | - |
Skatteetaten | - | - | (30,886) | - | - | - | - | - |
Total, Norway | - | - | (30,886) | - | - | - | 1,881 | - |
Israel Ministry of Energy | - | 872 | - | - | - | - | 82 | - |
Total, Israel | - | 872 | - | - | - | - | 82 | - |
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