Payments to Govts 2022 Part 1 of 1

BP PLC
22 June 2023
 

 

 

 

 

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

 

 

Introduction

 

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

 

 

 

 

Basis of preparation

 

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.

 

Payments overview

 

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

 

 

Payments by country

 

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

 

 

 

 

 

 

 

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.com/annualreport

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

 

 

 

 

 

 

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