Report on Payments to Govts

RNS Number : 6025R

Cairn Energy PLC

15 June 2018

 

15 June 2018

CAIRN ENERGY PLC ("Cairn" or "the Company")

Report on payments to governments for the year ended 31 December 2017

Cairn has prepared the following report in respect of payments made to governments during the year ended 31 December 2017. 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	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	-	-	-	-	-	8,000	275	-
Corporate	-	-	-	-	-	-	100	-
Total, Mexico	-	-	-	-	-	8,000	375	-
LO 16/18	-	-	-	-	-	-	52	-
LO 16/19	-	-	-	-	-	-	32	-
Corporate	-	-	-	-	-	-	19	-
Total, Ireland	-	-	-	-	-	-	103	-
P1430 (Blocks 28/9a, 28/10c)	-	-	-	-	-	-	130	-
P2184 (Blocks 22/18c, 22/19d)	-	-	-	-	-	-	7	-
P2312 (Blocks 3/16a, 3/17a)	-	-	-	-	-	-	4	-
Corporate	-	-	-	-	-	-	7	-
Total, UK	-	-	-	-	-	-	148	-
PL159C (Block 6507/3)	-	-	-	-	-	-	100	-
PL226 (Blocks 722/1, 2 &3)	-	-	-	-	-	-	241	-
PL248C (Blocks 35/11 two parts)	-	-	-	-	-	-	546	-
PL378 (Blocks 35/12 two parts)	-	-	-	-	-	-	52	-
PL418 (Blocks 35/8, 35/9)	-	-	-	-	-	-	172	-
Corporate	-	-	-	-	-	-	60	-
Corporate	-	-	(30,225)	-	-	-	-	-
Total, Norway	-	-	(30,225)	-	-	-	1,171	-
Sangomar-Rufisque	-	-	-	-	-	-	107	-
Total, Senegal	-	-	-	-	-	-	107	-

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	-	-	-	-	-	8,000	-	-
Comisión Nacional de Hidrocarburos	-	-	-	-	-	-	275	-
Servivicio de Administración Tributaria	-	-	-	-	-	-	100	-
Total, Mexico	-	-	-	-	-	8,000	375	-
Department of Communications, Energy and Natural Resources	-	-	-	-	-	-	103	-
Total, Ireland	-	-	-	-	-	-	103	-
Department of Energy and Climate Change	-	-	-	-	-	-	148	-
Total, UK	-	-	-	-	-	-	148	-
Oljedirektoratet	-	-	-	-	-	-	1,171	-
Skatteetaten	-	-	(30,225)	-	-	-	-	-
Total, Norway	-	-	(30,225)	-	-	-	1,171	-
Société des pétroles du Sénégal	-	-	-	-	-	-	107	-
Total, Senegal	-	-	-	-	-	-	107	-

 

END

 

 

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