12th Jun 2019 16:12
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-tion entitle-ments | Produc-tion entitle-ments* | 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-A9.CS-2017 | - | - | - | - | - | - | 1,087 | - |
CNH-R03-L01-G-TMV-01-2018 | - | - | - | - | - | - | 755 | - |
Total, Mexico | - | - | - | - | - | - | 1,842 | - |
FEL 2/04 | - | - | - | - | - | - | 20 | - |
FEL 4/08 | - | - | - | - | - | - | 34 | - |
LO 16/18 | - | - | - | - | - | - | 11 | - |
LO 16/19 | - | - | - | - | - | - | 11 | - |
Corporate | - | - | - | - | - | - | 9 | - |
Total, Ireland | - | - | - | - | - | - | 85 | - |
P2184 (Blocks 22/18c, 22/19d) | - | - | - | - | - | - | 47 | - |
P2312 (Blocks 3/16a, 3/17a) | - | - | - | - | - | - | 24 | - |
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-tion entitle-ments | Produc-tion entitle-ments* | 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 | - | - | - | - | - | - | 780 | - |
Comisión Nacional de Hidrocarburos | - | - | - | - | - | - | 16 | - |
Servicio de Administración Tributaria | - | - | - | - | - | - | 1,046 | - |
Total, Mexico | - | - | - | - | - | - | 1,842 | - |
Department of Communications, Climate Action and Environment | - | - | - | - | - | - | 85 | - |
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 Sénégal | - | - | - | - | - | - | 107 | - |
Total, Senegal | - | - | - | - | - | - | 107 | - |
Direction Générale des Hydrocarbures | - | - | - | - | - | - | 1,246 | - |
Total, Côte d'Ivoire | - | - | - | - | - | - | 1,246 | - |
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