Report on Payments to Govts

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-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	-

 

END

 

 

PGRSFUFIEFUSESM