BP p.l.c. Report on payments to governments Year ended 31 December 2022
|
|
Contents
Introduction
|
3 |
Basis of preparation
|
3 |
Payments overview
|
6 |
Payments by country
|
7 |
Other resources
|
29 |
BP p.l.c. has prepared the following consolidated report ('Report') on payments to governments in accordance with the Reports on Payments to Governments Regulations 2014 (2014/3209), as amended by the Reports on Payments to Governments (Amendment) Regulations 2015 (2015/1928), (the 'Regulations'). The Report also addresses BP p.l.c.'s reporting obligations under DTR 4.3A of the Financial Conduct Authority Disclosure Guidance and Transparency Rules. The 'Basis of Preparation' section below contains information about the content of the Report, the types of payments included and the principles that have been applied in preparing the Report.
bp's socioeconomic contribution
bp makes a broader socioeconomic contribution to countries in which we operate in addition to the payments that are required to be reported under the Regulations. We make payments to governments in connection with parts of our business other than extractive activities - for example in relation to the transportation, trading, manufacture and marketing of oil and gas. As well as government payments, bp contributes to the economies of the countries in which we operate by providing jobs for employees and contractors, purchasing materials from local suppliers and undertaking social investment activities. See the Other resources section at the end of the Report for more information on our socioeconomic contribution and our position on tax and financial transparency.
bp's position on revenue transparency
bp supports transparency in the flow of revenue from oil and gas activities to governments. This helps citizens hold public authorities to account for the way they use funds received through taxes and other agreements
Under the Regulations, the directors of BP p.l.c. are required to prepare a consolidated report on payments made to governments for each financial year in relation to relevant activities of both BP p.l.c. and any of its subsidiary undertakings included in the consolidated group accounts. The term 'bp' is used interchangeably within this Report to indicate BP p.l.c. or any subsidiary undertaking within the scope of the Report.
Activities within the scope of the Report
Payments made to governments that relate to bp's activities involving the exploration, prospection, discovery, development, and extraction of minerals, oil, natural gas deposits or other materials ('extractive activities') are included in this Report.
Payments made to governments that relate to trading, export (pipelines), refining and processing, renewables projects and other activities that are not within the scope of extractive activities as defined by the Regulations are not included in this Report.
Where a payment relates to activities that are reportable under the Regulations as well as to activities which are not reportable, bp reports the payment in its entirety if it is not possible to disaggregate it.
Government
Under the Regulations, a 'government' is defined as any national, regional or local authority of a country, and includes a department, agency or undertaking that is a subsidiary undertaking controlled by such an authority. In some countries, certain local indigenous organizations fall within this definition of government. Where this is the case, payments made to such organizations have been included in this Report. Where a state-owned enterprise undertakes activities outside of its home jurisdiction, then it is not considered to be a government.
Cash basis
Payments are reported on a cash basis, meaning that they are reported in the period in which they are paid, as opposed to being reported on an accruals basis (which would mean that they were reported in the period for which the liabilities arise). Refunds are also reported in the period they are received by bp and are shown as negative amounts in the Report. Where payments in kind are made to a government they are valued and footnotes are included to help explain the valuation method and any related volumes.
Reporting principles
The Regulations require payments to be reported where they are made to governments by BP p.l.c. and its subsidiary undertakings in respect of extractive activities. In preparing a report, the Regulations also require the disclosure of payments to reflect the substance of each payment and the relevant activity or project concerned. In light of these requirements, bp has assessed its reporting obligations to be as follows:
· Where bp has made a payment to a government, such payment is reported in full, whether made in bp's sole capacity or in bp's capacity as the operator of a joint venture. Payments made to governments in connection with joint ventures are included in the Report if, and to the extent that, bp makes the relevant payment. Typically, such circumstances will arise where bp is the operator of the joint venture.
· Payments made by an incorporated joint venture which is not a subsidiary of bp are not included within this Report.
· In some instances, bp is a partner in unincorporated joint ventures where the role of operator is performed through a non-typical operatorship model, whereby multiple entities contribute to an unincorporated body which has the role of operator. In relation to such joint ventures, payments actually made by bp to the government are reported and payments for which bp has direct responsibility to the government, but which are paid on its behalf, are also reported.
· bp's equity-accounted investments for the financial year ended 31 December 2022 such as Pan American Energy Group and Aker bp are not bp subsidiaries and therefore in accordance with the Regulations, payments made by such entities are not included in this Report.
Project definition
The Regulations require payments to be reported by project (as a sub category within a country). They define a 'project' as the operational activities which are governed by a single contract, licence, lease, concession or similar legal agreement, and form the basis for payment liabilities with a government. If these agreements are substantially interconnected, then they can be treated as a single project. Under the Regulations, 'substantially interconnected' means forming a set of operationally and geographically integrated contracts, licences, leases or concessions or related agreements with substantially similar terms that are signed with a government, giving rise to payment liabilities. These agreements may themselves be governed by a single contract, joint venture, production-sharing agreement, or other overarching legal agreement. Factors used to determine whether contracts or licences are operationally and geographically integrated may include their common management framework, proximity and use of common infrastructure. The number of projects will depend on the contractual arrangements within a country and not necessarily on the scale of activities. Moreover, a project will only appear in this Report where relevant payments occurred during the year in relation to that project.
The Regulations acknowledge that for some payments it may not be possible to attribute a payment to a single project and therefore such payments may be reported at the country level. Corporate income taxes, which are typically not levied at a project level, are an example of this.
Materiality threshold
The Regulations require that payments made as a single payment exceeding £86,000 or as part of a series of related payments within a financial year exceeding £86,000 be included in this Report.
Reporting currency
All payments have been reported in US dollars. Payments made in currencies other than US dollars are typically translated at the exchange rate at the date of payment.
Payment types
The Regulations define a 'Payment' as an amount paid whether in money or in kind, for relevant activities where the payment is of any one of the types listed below:
Production entitlements
Under production sharing agreements (PSAs) the production is shared between the host government and the other parties to the PSA. The host government typically receives its share or entitlement in kind rather than being paid in cash. In this Report such production entitlement volumes to the government are reported on a lifting basis, i.e. when the government takes possession of its share of production. A market value is applied, usually using the valuation method from the relevant PSA. For joint ventures in which bp is the operator, government production entitlements are reported in their entirety, in accordance with the notes above. Where the national oil company (NOC) is also a partner in the joint venture, their production entitlement is reported in addition to the government share of production. The NOC's entitlement as a partner will include both their share of production as investor's return as well as their entitlement for the reimbursement of their costs.
Taxes
The Report includes taxes levied on income, production or profits and taxes withheld from dividends, royalties and interest received by bp. In addition, taxes paid on behalf of bp by the NOC out of production entitlements are reported. Taxes levied on consumption, personnel, sales, procurement (contractor's withholding taxes), property and environmental taxes, , customs and excise are not reportable under the Regulations.
Royalties
These may be paid in cash or in kind (valued in the same way as production entitlements).
Fees
In preparing this Report, bp has included licence fees, rental fees, entry fees and all other payments that are paid in consideration for new and existing licences and/or concessions. Fees paid to governments for administrative services are excluded.
Bonuses
Signature, discovery and production bonuses and other bonuses payable under licences or concession agreements are included in the Report.
Infrastructure improvements
Such payments include a road or a building provided by bp that forms part of the fundamental facilities and systems serving a community or area. These payments are included in the Report whether or not bp is contractually obliged to fund them, and are reported when the relevant assets are handed over to the government or the local community.
Dividends
These are dividends that are paid in lieu of production entitlements or royalties. Dividends paid by bp to a government as an ordinary shareholder are excluded. For the year ended 31 December 2022, there were no reportable dividend payments to a government.
Other considerations
The payments shown in this Report are rounded to the nearest $0.1 million. Due to rounding, some totals in the following tables may not agree exactly with the sum of their component parts. Amounts are shown to the nearest dollar in the data submitted and available on the UK Companies House website.
The table below shows the relevant payments to governments made by bp in the year ended 31 December 2022, by country and payment type.
Of the seven payment types required by the UK regulations, bp did not pay any relevant dividends and therefore the category is not shown.
$ million
|
Production |
|
|
|
|
Infrastructure |
|
Country |
entitlements |
Taxes |
Royalties |
Fees |
Bonuses |
improvements |
Total |
Algeria |
|
181.1 |
|
0.2 |
|
|
181.2 |
Angola |
1,435.7 |
459.9 |
|
0.2 |
|
0.4 |
1,896.2 |
Argentina |
|
0.4 |
|
|
|
|
0.4 |
Australia |
|
434.0 |
220.0 |
|
|
|
654.0 |
Azerbaijan |
19,311.5 |
1,009.1 |
|
2.6 |
450.0 |
|
20,773.2 |
Brazil |
|
|
|
73.9. |
|
|
73.9 |
Canada |
|
|
|
46.0 |
|
|
46.0 |
Egypt |
|
176.6 |
|
2.8 |
10.0 |
|
189.4 |
India |
7.6 |
|
|
|
|
|
7.6 |
Indonesia |
458.8 |
341.3 |
|
|
28.2 |
|
828.3 |
Iraq |
|
112.8 |
|
|
|
|
112.8 |
Mauritania |
|
|
|
22.9 |
1.0 |
0.6 |
24.5 |
Mexico |
|
3.7 |
|
5.2 |
|
|
8.9 |
Oman |
1,856.3 |
339.0 |
|
0.5 |
|
|
2,195.8 |
Russia |
|
0.6 |
|
|
|
|
0.6 |
São Tomé and Príncipe |
|
|
|
0.5 |
|
1.0 |
1.5 |
Senegal |
|
|
|
0.7 |
|
0.6 |
1.2 |
Trinidad and Tobago |
|
951.5 |
|
1.9 |
|
|
953.4 |
United Arab Emirates |
|
5,798.6 |
|
5.8 |
|
|
5,804.5 |
United Kingdom |
|
1,271.3 |
|
6.9 |
|
|
1,278.2 |
United States |
|
431.6 |
1,152.7 |
10.4 |
22.2 |
|
1,616.9 |
Total |
23,069.9 |
11,511.6 |
1,372.7 |
180.3 |
511.4 |
2.6 |
36,648.6 |
Algeria
$ million
|
Production |
|
|
|
|
Infrastructure |
|
Governments |
entitlements |
Taxes |
Royalties |
Fees |
Bonuses |
improvements |
Total |
Ministère des Finances - Direction |
|
|
|
|
|
|
|
Générale des Impôts |
|
(a)181.1 |
|
|
|
|
181.1 |
Sonatrach |
|
|
|
0.2 |
|
|
0.2 |
Total |
|
181.1 |
|
0.2 |
|
|
181.2 |
|
Production |
|
|
|
|
Infrastructure |
|
Projects |
entitlements |
Taxes |
Royalties |
Fees |
Bonuses |
improvements |
Total |
In Amenas |
|
(b)116.8 |
|
0.2 |
|
|
116.9 |
In Salah |
|
(c)64.3 |
|
|
|
|
64.3 |
Total |
|
181.1 |
|
0.2 |
|
|
181.2 |
(a) |
Includes $149.8 million of taxes settled by Sonatrach on bp's behalf out of entitlement, pursuant to the relevant agreements. |
(b) |
Includes $85.5 million of taxes settled by Sonatrach on bp's behalf out of production entitlement, pursuant to the relevant agreements. |
(c) |
Pursuant to the relevant agreements, Sonatrach paid these taxes on bp's behalf out of revenue entitlements. |
|
|
|
|
|
|
Angola
$ million
|
Production |
|
|
|
|
Infrastructure |
|
Governments |
entitlements |
Taxes |
Royalties |
Fees |
Bonuses |
improvements |
Total |
Administração Geral Tributaria |
|
3.5 |
|
|
|
|
3.5 |
ANPG - Concessionaire |
(a)731.5 |
|
|
|
|
|
731.5 |
Ministry of Finance |
|
451.7 |
|
0.2 |
|
|
451.8 |
Ministry of Petroleum |
|
4.7 |
|
|
|
|
4.7 |
Rise Angola |
|
|
|
|
|
0.4 |
0.4 |
Sonangol P&P |
(b)704.2 |
|
|
|
|
|
704.2 |
Total |
1,435.7 |
459.9 |
|
0.2 |
|
0.4 |
1,896.2 |
|
Production |
|
|
|
|
Infrastructure |
|
Projects |
entitlements |
Taxes |
Royalties |
Fees |
Bonuses |
improvements |
Total |
Block 15 |
|
82.1 |
|
|
|
|
82.1 |
Block 17 |
|
178.7 |
|
|
|
|
178.7 |
Block 18 |
(c)761.2 |
145.9 |
|
0.2 |
|
0.4 |
907.7 |
Block 31 |
(d)674.5 |
53.1 |
|
|
|
|
727.7 |
Total |
1,435.7 |
459.9 |
|
0.2 |
|
0.4 |
1,896.2 |
(a) |
Payments in kind for 6.8 million bbl of crude oil valued per the production sharing agreement. |
(b) |
Payments in kind for 6.7 million bbl of crude oil valued per the production sharing agreement. |
(c) |
Payments in kind for 7.0million bbl of crude oil valued per the production sharing agreement. |
(d) |
Payments in kind for 6.5 million bbl of crude oil valued per the production sharing agreement. |
|
|
|
|
|
|
Argentina
$ million
|
Production |
|
|
|
|
Infrastructure |
|
Governments |
entitlements |
Taxes |
Royalties |
Fees |
Bonuses |
improvements |
Total |
Administracion Federal de |
|
|
|
|
|
|
|
Ingresos Publicos |
|
0.4 |
|
|
|
|
0.4 |
Total |
|
0.4 |
|
|
|
|
0.4 |
|
Production |
|
|
|
|
Infrastructure |
|
Projects |
entitlements |
Taxes |
Royalties |
Fees |
Bonuses |
improvements |
Total |
Payments not attributable |
|
|
|
|
|
|
|
to projects |
|
0.4 |
|
|
|
|
0.4 |
Total |
|
0.4 |
|
|
|
|
0.4 |
Australia
$ million
|
Production |
|
|
|
|
Infrastructure |
|
Governments |
entitlements |
Taxes |
Royalties |
Fees |
Bonuses |
improvements |
Total |
Australian Taxation Office |
|
434.0 |
|
|
|
|
434.0 |
Department of Mines, Industry |
|
|
|
|
|
|
|
Regulation and Safety |
|
|
220.0 |
|
|
|
220.0 |
Total |
|
434.0 |
220.0 |
|
|
|
654.0 |
|
Production |
|
|
|
|
Infrastructure |
|
Projects |
entitlements |
Taxes |
Royalties |
Fees |
Bonuses |
improvements |
Total |
North West Shelf |
|
434.0 |
220.0 |
|
|
|
654.0 |
Total |
|
434.0 |
220.0 |
|
|
|
654.0 |
Azerbaijan
$ million
|
Production |
|
|
|
|
Infrastructure |
|
Governments |
entitlements |
Taxes |
Royalties |
Fees |
Bonuses |
improvements |
Total |
Azerbaijan (ACG) Ltd. (SOCAR |
|
|
|
|
|
|
|
subsidiary) |
(a)1,332.4 |
|
|
|
|
|
1,332.4 |
Azerbaijan (Shah Deniz) Ltd. |
|
|
|
|
|
|
|
(SOCAR subsidiary) |
(b)2,072.2 |
|
|
|
|
|
2,072.2 |
Ministry of Taxes |
|
(h)1,009.1 |
|
|
|
|
1,009.1 |
SGC Upstream LLC |
(c)995.1 |
|
|
|
|
|
995.1 |
State Oil Company of Azerbaijan |
|
|
|
|
|
|
|
Republic (SOCAR) |
(d)260.0 |
|
|
|
|
|
260.0 |
State Oil Fund of Azerbaijan |
(e)14,651.8 |
|
|
2.6 |
450.0 |
|
15,104.4 |
Total |
19,311.5 |
1,009.1 |
|
2.6 |
450.0 |
|
20,773.2 |
|
|
Production |
|
|
|
|
Infrastructure |
|
||||
|
Projects |
entitlements |
Taxes |
Royalties |
Fees |
Bonuses |
improvements |
Total |
||||
|
Azeri-Chirag-Deepwater |
|
|
|
|
|
|
|
||||
|
Gunashli - PSA |
(f)11,602.8 |
219.4 |
|
|
450.0 |
|
12,272.2 |
||||
|
Shafag-Asiman - PSA |
|
|
|
2.1 |
|
|
2.1 |
||||
|
Shah Deniz - PSA |
(g)7,708.7 |
(i)789.7 |
|
|
|
|
8,498.4 |
||||
Shallow Water Absheron |
|
|
|
|
|
|
|
|||||
Peninsula (SWAP) PSA |
|
|
|
0.5 |
|
|
0.5 |
|||||
|
Total |
19,311.5 |
1,009.1 |
|
2.6 |
450.0 |
|
20,773.2 |
||||
(a) |
Payments in kind for 13.2 million bbls of crude oil valued at netback value per the production sharing agreement |
(b) |
Includes payments in kind of $331.1 million for 3.5 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 $167.9 million for 1.8 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 2.6 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 $10,822.9 million for 108.2 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 $11,342.8 million for 112.9 million bbls of crude oil valued at netback value per the production sharing agreement and payments in kind of $260.0 million for 2.6 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 $1,311.5 million for 13.7 million bbls of crude oil valued at netback value per the production sharing agreement and the remaining production entitlement was paid in cash. |
(h) |
Includes $789.7 million of taxes settled by SOCAR on bp's behalf out of entitlement, pursuant to the relevant agreements. |
(i) |
Pursuant to the relevant agreements, SOCAR paid these taxes on bp's behalf out of revenue entitlements. |
Brazil
$ million
|
Production |
|
|
|
|
Infrastructure |
|
Governments |
entitlements |
Taxes |
Royalties |
Fees |
Bonuses |
improvements |
Total |
Agencia Nacional do Petroleo, Gas |
|
|
|
|
|
|
|
Natural e Biocombustíveis |
|
|
|
0.7 |
|
|
0.7 |
Petrobras |
|
|
|
73.2 |
|
|
73.2 |
Total |
|
|
|
73.9 |
|
|
73.9 |
|
Production |
|
|
|
|
Infrastructure |
|
Projects |
entitlements |
Taxes |
Royalties |
Fees |
Bonuses |
improvements |
Total |
CM-477 |
|
|
|
0.2 |
|
|
0.2 |
CM-755 |
|
|
|
0.3 |
|
|
0.3 |
CM-793 |
|
|
|
0.3 |
|
|
0.3 |
FOZ-127 |
|
|
|
8.0 |
|
|
8.0 |
FOZ-57 |
|
|
|
16.5 |
|
|
16.5 |
FOZ-59 |
|
|
|
35.8 |
|
|
35.8 |
FOZ-88 |
|
|
|
12.6 |
|
|
12.6 |
S-M-1500 |
|
|
|
0.1 |
|
|
0.1 |
Total |
|
|
|
73.9 |
|
|
73.9 |
Canada
$ million
|
Production |
|
|
|
|
Infrastructure |
|
Governments |
entitlements |
Taxes |
Royalties |
Fees |
Bonuses |
improvements |
Total |
Canada Newfoundland Offshore |
|
|
|
1.9 |
|
|
1.9 |
Canada Revenue Agency |
|
|
|
42.7 |
|
|
42.7 |
Government of Alberta |
|
|
|
0.4 |
|
|
0.4 |
Natural Resources Canada |
|
|
|
1.1 |
|
|
1.1 |
Total |
|
|
|
46.0 |
|
|
46.0 |
|
Production |
|
|
|
|
Infrastructure |
|
Projects |
entitlements |
Taxes |
Royalties |
Fees |
Bonuses |
improvements |
Total |
Newfoundland Exploration |
|
|
|
2.9 |
|
|
2.9 |
Nova Scotia Exploration |
|
|
|
42.7 |
|
|
42.7 |
Terre De Grace |
|
|
|
0.4 |
|
|
0.4 |
Total |
|
|
|
46.0 |
|
|
46.0 |
Egypt
$ million
|
Production |
|
|
|
|
Infrastructure |
|
Governments |
entitlements |
Taxes |
Royalties |
Fees |
Bonuses |
improvements |
Total |
Egyptian General Petroleum |
|
|
|
2.6 |
10.0 |
|
12.6 |
Egyptian Natural Gas Holding |
|
|
|
|
|
|
|
Company (EGAS) |
|
|
|
0.3 |
|
|
0.3 |
Egyptian Tax Authority |
|
(a)176.6 |
|
|
|
|
176.6 |
Total |
|
176.6 |
|
2.8 |
10.0 |
|
189.4 |
|
Production |
|
|
|
|
Infrastructure |
|
Projects |
entitlements |
Taxes |
Royalties |
Fees |
Bonuses |
improvements |
Total |
Baltim |
|
(a)48.3 |
|
|
|
|
48.3 |
El Qaraa |
|
(a)21.8 |
|
|
|
|
21.8 |
North Damietta |
|
(a)15.7 |
|
|
|
|
15.7 |
North El Salum & North El Tabya |
|
|
|
0.3 |
|
|
0.3 |
Ras El Bar |
|
(a)33.5 |
|
|
|
|
33.5 |
Temsah |
|
(a)12.7 |
|
|
|
|
12.7 |
West Nile Delta |
|
|
|
2.6 |
10.0 |
|
12.6 |
Zohr |
|
(a)44.5 |
|
|
|
|
44.5 |
Total |
|
176.6 |
|
2.8 |
10.0 |
|
189.4 |
(a) |
Pursuant to the relevant agreements, Egypt General Petroleum Corporation paid these taxes on bp's behalf out of production entitlement |
India
$ million
|
Production |
|
|
|
|
Infrastructure |
|
Governments |
entitlements |
Taxes |
Royalties |
Fees |
Bonuses |
improvements |
Total |
Ministry of Petroleum and |
|
|
|
|
|
|
|
Natural Gas |
7.6 |
|
|
|
|
|
7.6 |
Total |
7.6 |
|
|
|
|
|
7.6 |
|
Production |
|
|
|
|
Infrastructure |
|
Projects |
entitlements |
Taxes |
Royalties |
Fees |
Bonuses |
improvements |
Total |
KG D6 KG-DWN-98/3 |
7.6 |
|
|
|
|
|
7.6 |
Total |
7.6 |
|
|
|
|
|
7.6 |
Indonesia
$ million
|
Production |
|
|
|
|
Infrastructure |
|
Governments |
entitlements |
Taxes |
Royalties |
Fees |
Bonuses |
improvements |
Total |
Direktorat Jenderal Minyak dan Gas |
|
|
|
|
28.2 |
|
28.2 |
Ministry of Finance |
(a)458.8 |
341.3 |
|
|
|
|
800.1 |
Total |
458.8 |
341.3 |
|
|
|
|
828.3 |
|
Production |
|
|
|
|
Infrastructure |
|
Projects |
entitlements |
Taxes |
Royalties |
Fees |
Bonuses |
improvements |
Total |
Tangguh |
(a)458.8 |
341.3 |
|
|
28.2 |
|
828.3 |
Total |
458.8 |
341.3 |
|
|
28.2 |
|
828.3 |
(a) |
Includes payments in kind of $87.1 million for 1.1million bbls of condensates valued per the production sharing agreement and the remaining production entitlement for LNG was paid in cash. |
Iraq
$ million
|
Production |
|
|
|
|
Infrastructure |
|
Governments |
entitlements |
Taxes |
Royalties |
Fees |
Bonuses |
improvements |
Total |
General Commission for Taxes |
|
112.8 |
|
|
|
|
112.8 |
Total |
|
112.8 |
|
|
|
|
112.8 |
|
Production |
|
|
|
|
Infrastructure |
|
Projects |
entitlements |
Taxes |
Royalties |
Fees |
Bonuses |
improvements |
Total |
Rumaila |
|
112.8 |
|
|
|
|
112.8 |
Total |
|
112.8 |
|
|
|
|
112.8 |
Mauritania
$ million
|
Production |
|
|
|
|
Infrastructure |
|
Governments |
entitlements |
Taxes |
Royalties |
Fees |
Bonuses |
improvements |
Total |
Ministry of Petroleum, Energy and |
|
|
|
|
|
|
|
Mines |
|
|
|
22.9 |
1.0 |
0.6 |
24.5 |
Total |
|
|
|
22.9 |
1.0 |
0.6 |
24.5 |
|
Production |
|
|
|
|
Infrastructure |
|
Projects |
entitlements |
Taxes |
Royalties |
Fees |
Bonuses |
improvements |
Total |
BirAllah |
|
|
|
0.1 |
1.0 |
|
1.1 |
Block C12 |
|
|
|
22.1 |
|
|
22.1 |
Block C8 |
|
|
|
0.7 |
|
|
0.7 |
Payments not attributable |
|
|
|
|
|
|
|
to projects |
|
|
|
|
|
0.6 |
0.6 |
Total |
|
|
|
22.9 |
1.0 |
0.6 |
24.5 |
Mexico
$ million
|
Production |
|
|
|
|
Infrastructure |
|
Governments |
entitlements |
Taxes |
Royalties |
Fees |
Bonuses |
improvements |
Total |
Fondo Mexicano del Petróleo |
|
|
|
5.2 |
|
|
5.2 |
Sistema de administración |
|
|
|
|
|
|
|
Tributaria |
|
3.7 |
|
|
|
|
3.7 |
Total |
|
3.7 |
|
5.2 |
|
|
8.9 |
|
Production |
|
|
|
|
Infrastructure |
|
Projects |
entitlements |
Taxes |
Royalties |
Fees |
Bonuses |
improvements |
Total |
Cuencas del Sureste 34 R3 |
|
0.9 |
|
0.7 |
|
|
1.6 |
Cuenca Salina 1 R1 |
|
2.9 |
|
4.5 |
|
|
7.4 |
Total |
|
3.7 |
|
5.2 |
|
|
8.9 |
Oman
$ million
|
Production |
|
|
|
|
Infrastructure |
|
Governments |
entitlements |
Taxes |
Royalties |
Fees |
Bonuses |
improvements |
Total |
Makarim Gas Development |
(a)938.8 |
|
|
|
|
|
938.8 |
Ministry of Energy and |
|
|
|
|
|
|
|
Minerals |
(b)917.5 |
|
|
0.5 |
|
|
918.0 |
Ministry of Finance |
|
3390 |
|
|
|
|
339.0 |
Total |
1,856.3 |
339.0 |
|
0.5 |
|
|
2,195.8 |
|
Production |
|
|
|
|
Infrastructure |
|
Projects |
entitlements |
Taxes |
Royalties |
Fees |
Bonuses |
improvements |
Total |
Khazzan |
(a)(b)1,856.3 |
339.0 |
|
0.5 |
|
|
2,195.8 |
Total |
1,856.3 |
339.0 |
|
0.5 |
|
|
2,195.8 |
(a) |
Comprises payments in kind of $447.8 million for 4.6 million bbls of condensates valued at market prices, $489.1 million for 143.6 million mmBtu of gas valued per the Gas Sales Agreement and $1.9 million was paid in cash. |
(b) |
Comprises payments in kind of $573.9 million for 6.3 million bbls of condensates valued at market prices, $340.9 million for 100.0 million mmBtu of gas valued per the Gas Sales Agreement and $2.7 million was paid in cash. |
Russia
$ million
|
Production |
|
|
|
|
Infrastructure |
|
Governments |
entitlements |
Taxes |
Royalties |
Fees |
Bonuses |
improvements |
Total |
Ministry of Finance |
|
0.6 |
|
|
|
|
0.6 |
Total |
|
0.6 |
|
|
|
|
0.6 |
|
Production |
|
|
|
|
Infrastructure |
|
Projects |
entitlements |
Taxes |
Royalties |
Fees |
Bonuses |
improvements |
Total |
Payments not attributable |
|
|
|
|
|
|
|
to projects |
|
0.6 |
|
|
|
|
0.6 |
Total |
|
0.6 |
|
|
|
|
0.6 |
São Tomé and Príncipe
$ million
|
Production |
|
|
|
|
Infrastructure |
|
Governments |
entitlements |
Taxes |
Royalties |
Fees |
Bonuses |
improvements |
Total |
Agência Nacional do Petróleo |
|
|
|
0.5 |
|
1.0 |
1.5 |
Total |
|
|
|
0.5 |
|
1.0 |
1.5 |
|
Production |
|
|
|
|
Infrastructure |
|
Projects |
entitlements |
Taxes |
Royalties |
Fees |
Bonuses |
improvements |
Total |
Block 10 |
|
|
|
0.2 |
|
0.5 |
0.8 |
Block 13 |
|
|
|
0.2 |
|
0.5 |
0.8 |
Total |
|
|
|
0.5 |
|
1.0 |
1.5 |
Senegal
$ million
|
Production |
|
|
|
|
Infrastructure |
|
Governments |
entitlements |
Taxes |
Royalties |
Fees |
Bonuses |
improvements |
Total |
Ministry of Health |
|
|
|
|
|
0.6 |
0.6 |
Société des pétroles du Sénégal |
|
|
|
0.7 |
|
|
0.7 |
Total |
|
|
|
0.7 |
|
0.6 |
1.2 |
|
Production |
|
|
|
|
Infrastructure |
|
Projects |
entitlements |
Taxes |
Royalties |
Fees |
Bonuses |
improvements |
Total |
Block Cayar Profond |
|
|
|
0.3 |
|
|
0.3 |
Block St Louis Profond |
|
|
|
0.3 |
|
|
0.3 |
Greater Tortue Ahmeyim |
|
|
|
|
|
0.6 |
0.6 |
Total |
|
|
|
0.7 |
|
0.6 |
1.2 |
Trinidad and Tobago
$ million
|
Production |
|
|
|
|
Infrastructure |
|
Governments |
entitlements |
Taxes |
Royalties |
Fees |
Bonuses |
improvements |
Total |
Board of Inland Revenue |
|
503.8 |
|
|
|
|
503.8 |
Ministry of Energy and |
|
|
|
|
|
|
|
Energy Industries |
|
447.7 |
|
1.9 |
|
|
449.6 |
Total |
|
951.5 |
|
1.9 |
|
|
953.4 |
|
Production |
|
|
|
|
Infrastructure |
|
Projects |
entitlements |
Taxes |
Royalties |
Fees |
Bonuses |
improvements |
Total |
Block 5B |
|
|
|
1.8 |
|
|
1.8 |
BPTT Blocks |
|
951.5 |
|
0.1 |
|
|
951.7 |
Total |
|
951.5 |
|
1.9 |
|
|
953.4 |
United Arab Emirates
$ million
|
Production |
|
|
|
|
Infrastructure |
|
Governments |
entitlements |
Taxes |
Royalties |
Fees |
Bonuses |
improvements |
Total |
Abu Dhabi National Oil Company |
|
|
|
|
|
|
|
Company |
|
|
|
5.8 |
|
|
5.8 |
Department of Finance |
|
|
|
|
|
|
|
Abu Dhabi |
|
5,798.6 |
|
|
|
|
5,798.6 |
Total |
|
5,798.6 |
|
5.8 |
|
|
5,804.5 |
|
Production |
|
|
|
|
Infrastructure |
|
Projects |
entitlements |
Taxes |
Royalties |
Fees |
Bonuses |
improvements |
Total |
ADCO Concession (Onshore) |
|
5,798.6 |
|
5.8 |
|
|
5,804.5 |
Total |
|
5,798.6 |
|
5.8 |
|
|
5,804.5 |
United Kingdom
$ million
|
Production |
|
|
|
|
Infrastructure |
|
Governments |
entitlements |
Taxes |
Royalties |
Fees |
Bonuses |
improvements |
Total |
HM Revenue and Customs |
|
(a)(b)1,271.3 |
|
|
|
|
1,271.3 |
Oil and Gas Authority |
|
|
|
6.9 |
|
|
6.9 |
Total |
|
1,271.3 |
|
6.9 |
|
|
1278.2 |
|
Production |
|
|
|
|
Infrastructure |
|
Projects |
entitlements |
Taxes |
Royalties |
Fees |
Bonuses |
improvements |
Total |
Andrew |
|
|
|
0.4 |
|
|
0.4 |
Clair |
|
|
|
0.4 |
|
|
0.4 |
Decommissioning |
|
(a)(11.4) |
|
|
|
|
(11.4) |
ETAP |
|
|
|
0.8 |
|
|
0.8 |
Exploration |
|
|
|
1.6 |
|
|
1.6 |
Foinaven |
|
|
|
1.4 |
|
|
1.4 |
Murlach |
|
|
|
0.2 |
|
|
0.2 |
Non-Operated |
|
(a)(7.2) |
|
0.1 |
|
|
(7.1) |
Payments not attributable |
|
|
|
|
|
|
|
to projects |
|
(a)(b)1,289.9 |
|
|
|
|
1,289.9 |
Schiehallion |
|
|
|
1.9 |
|
|
1.9 |
Total |
|
1,271.3 |
|
6.9 |
|
|
1,278.2 |
(a) |
Net refunds result from the carry back of tax losses, resulting in a refund of taxes paid in prior years. |
(b) |
Settlement of tax which include interest over/under payments |
United States
$ million
|
Production |
|
|
|
|
Infrastructure |
|
||
Governments |
entitlements |
Taxes |
Royalties |
Fees |
Bonuses |
improvements |
Total |
||
Federal Government |
|
160.0 |
|
|
|
|
160.0 |
||
Office of Natural Resources |
|
|
|
|
|
|
|
|
|
Revenue |
|
|
1.1 |
|
|
|
1.1 |
||
Office of Natural Resources |
|
|
|
|
|
|
|
||
Revenue/Department of the |
|
|
|
|
|
|
|
||
Interior |
|
|
947.7 |
9.7 |
22.2 |
|
979.6 |
||
State of Alaska |
|
0.3 |
|
|
|
|
0.3 |
||
State of Colorado |
|
0.3 |
|
|
|
|
0.3 |
||
State of Louisiana |
|
65.2 |
(a)15.7 |
|
|
|
80.8 |
||
State of New Mexico |
|
0.3 |
(a)0.5 |
|
|
|
0.8 |
||
State of Oklahoma |
|
|
(a)1.2 |
|
|
|
1.2 |
||
State of Texas |
|
205.4 |
(a)186.5 |
0.7 |
|
|
392.6 |
||
Total |
|
431.6 |
1,152.7 |
10.4 |
22.2 |
|
1,616.9 |
||
|
|
|
|
|
|
|
|
||
|
Production |
|
|
|
|
Infrastructure |
|
Projects |
entitlements |
Taxes |
Royalties |
Fees |
Bonuses |
improvements |
Total |
Alaska |
|
0.3 |
|
|
|
|
0.3 |
Colorado |
|
0.3 |
|
|
|
|
0.3 |
Gulf of Mexico - Central |
|
|
909.2 |
9.5 |
22.2 |
|
940.9 |
Gulf of Mexico - Western |
|
|
38.5 |
0.2 |
|
|
38.7 |
Louisiana |
|
65.2 |
15.7 |
|
|
|
80.8 |
New Mexico |
|
0.3 |
0.5 |
|
|
|
0.8 |
Onshore Fed |
|
|
1.1 |
|
|
|
1.1 |
Oklahoma |
|
|
1.2 |
|
|
|
1.2 |
Texas |
|
205.4 |
186.5 |
0.7 |
|
|
392.6 |
Payments not attributable |
|
|
|
|
|
|
|
to projects |
|
160.0 |
|
|
|
|
160.0 |
Total |
|
431.6 |
1,152.7 |
10.4 |
22.2 |
|
1,616.9 |
(a) |
Payments to states where bp has no extractive activities relate to Escheatment of Royalties. |
|
|
Other resources
bp payments to governments 2022
Detailed data filed with UK Registrar
extractives.companieshouse.gov.uk
bp annual and sustainability reporting
bp Annual Report and Form 20-F 2022
bp sustainability report 2022
bp.com/sustainability
bp tax report 2022
bp.com/tax
bp economic impact reports
bp US Economic Impact Report
bp.com/economicimpact-us
bp's Impact on the UK Economy
bp.com/economicimpact-uk
Contacts
Press Office |
London |
Houston |
|
David Nicholas +44 (0)20 7496 4708 |
Brett Clanton +1 281 366 8346 |