Eni

Environmental & Social Information • Jun 24, 2020

Eni Report on payments to governments 2019

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We concretely support a just energy transition,

with the objective of preserving our planet

and promoting an efficient and sustainable access to energy for all.

Our work is based on passion and innovation,

on our unique strengths and skills, on the equal dignity of each person, recognizing diversity as a key value for human development,

on the responsibility, integrity and transparency of our actions.

We believe in the value of long-term partnerships with the Countries and communities where we operate, bringing long-lasting prosperity for all.

The new mission represents more explicitly the Eni's path to face the global challenges, contributing to achieve the SDGs determined by the UN in order to clearly address the actions to be implemented by all the involved players.

THE SUSTAINABLE DEVELOPMENT GOALS Global goals for a sustainable development

The 2030 Agenda for Sustainable Development, presented in September 2015, identifies the 17 Sustainable Development Goals (SDGs) which represent the common targets of sustainable development on the current complex social problems. These goals are an important reference for the international community and Eni in managing activities in those Countries in which it operates.

Report on payments to governments

2	Introduction
2	Eni's upstream activity
4	Basis of preparation
8	Report on payments to governments
9	Europe
12	Africa
16	Americas
18	Asia
22	Australia and Oceania
23	Independent limited assurance report
25	Report on payments to governments including information provided on a voluntary basis

Introduction

This Report on Payments to Governments of the "Eni Group" for the year 2019 (hereinafter also the "Report") complies with Eni's reporting obligations required under "Chapter I" regarding "Payment transparency provisions" of Italian Legislative Decree No. 139 of August 18, 2015, which enacted Directive 2013/34/EU (the EU Accounting Directive - 2013) into the Italian law. The obligation to prepare and publish such a Report on payments is applicable to companies listed on regulated markets in the EU, that engage in extractive industries. The consolidation scope is the same as that of the consolidated financial statements of Eni SpA as at December 31, 2019 which are prepared in accordance with IFRS. Such an obligation does not apply to Eni's EU-based subsidiaries included in the scope of consolidation.

The consolidated report is provided on pages 8-22.

This Report is available for download at Eni's website: www.eni.com, under the section Publications/Annual and Quarterly Reports.

Eni's upstream activity

Eni engages in oil and natural gas exploration, development and extractive activities in 41 countries, mainly in Italy, Algeria, Angola, Australia, Congo, Egypt, Ghana, Kazakhstan, Libya, Mexico, Mozambique, Nigeria, Norway, Oman, the United Arab Emirates, the United Kingdom and the United States. The upstream activity is Eni's core business

The 2019 hydrocarbon production averaged 1,871 kboe/day, while hydrocarbon proved reserves were 7.3 billion boe as of December 31, 2019. At the reporting date of December 31, 2019, the upstream business represented 82% of Eni Group capital employed. In 2019, Eni brought an overall value of €17.6 billion to the host countries where it is presently conducting its upstream operations (see the table published on page 25, which discloses payments reported on a voluntary basis).

Following is a map of Eni's main countries of upstream operations ranked according to the size of payments:

Main changes in the 2019 consolidation scope related to:

• (i) Included countries:
• Mexico: activity start-up;

• (ii) Excluded countries:

• Norway and Ecuador following operations of business combination.

Legislation

This Report on Payments to Governments ("Report") complies with the reporting obligations as per "Chapter I" regarding "Payment transparency provisions" of Italian Legislative Decree No. 139 of August 18, 2015, which implemented Directive 2013/34/EU. The Directive requires companies listed on a regulated market in the EU involved in the extractive industry to prepare and publish a report on payments to governments for each financial year, on a consolidated basis1 .

Reporting principles adopted have also considered the official interpretations of the regulation issued by national and international bodies.

Applicable rules establish the consolidation scope to be the same as that used in preparing the consolidated financial statements of Eni SpA as at December 31, 2019 drawn up in accordance with IFRS. This report also comprises data of Eni's joint operations that are proportionally-consolidated according to Eni's working interest in each venture.

Activities within the scope of the Report

This Report discloses cash payments and in-kind payments made to governments that relate to Eni's activities involving the exploration, prospection, discovery, development and extraction of oil (including condensates) and natural gas. Payments made to governments that relate to refining activities, liquefying of natural gas (LNG) and gas-to-liquids as well as other downstream activities are not disclosed in this Report.

Government

The term "government" refers to any national, regional or local authority of any Member State of the European Union or Third State (including Ministries, governmental bodies and agencies) as well as any undertakings controlled by the above-mentioned public entity. The definition of control is that provided in Directive 2013/34/EU, which identifies control with the obligation of including the accounts of the controlled entity in the consolidated financial statements of the controlling entity2 .

Reporting principles

This report discloses cash payments and in-kind payments made to governments by the parent company Eni SpA, its consolidated subsidiaries and proportionally-consolidated entities in accordance with IFRS. Payment means an amount paid, whether in cash or in-kind, for the activities in scope of the regulations. Payments made by cash are reported in the period in which they are paid. Payments made in kind based on the underlying production delivery (production entitlements, tax oil and royalties where applicable) are reported on an accrual basis. In-kind payments are converted to an equivalent cash value based on the most appropriate and relevant valuation method for each payment, which generally corresponds to market value

¹ Eni is also subject to the provisions of Legislative Decree N° 25 of February 15, 2016, which transposes Directive 2013/50/EU (the so-called Transparency II Directive) into Italian Law. This Legislative Decree requires companies listed in a regulated market to comply with the provisions of the Directive 2013/34/EU.

² The notion of control provided in the Art. 22 of the Directive is substantially in line with the one adopted by IFRS. Therefore, the provision refers to the notion of control which would trigger the inclusion of the accounts of the controlled entity in the consolidated accounts of the governmental controlling entity should the latter be required to prepare consolidated financial statements.

as stated in the relevant contract. In-kind payments are reported in both volumes and the equivalent cash value.

The Report comprises direct payments made by Eni to governments arising from petroleum participated projects by the Group's companies. Payments made to governments in relation to oil activities conducted through unincorporated joint ventures3 are disclosed in this Report if and to the extent that, the amounts are paid directly by Eni. This is the case when Eni is the operator4 of the unincorporated joint venture; in this case payment amounts are reported in full, even where Eni as operator of a project is proportionally reimbursed by its non-operating venture partners through a partner billing process (cash-call). When Eni is a non-operating partner, payments are disclosed only when Eni has a direct payment obligation towards any governments.

Payments made by incorporated joint ventures5 are not disclosed in this Report, because Eni does not control these entities.

Project definition

Payments are reported at the project level, except that payments that are not attributable to a specific project are reported at the entity level as "non-allocated amounts". Project is defined as operational activities, which are governed by a single contract, license, lease, concession or similar legal agreement, and form the basis for one or more payment obligations with a government. If such agreements are "substantially interconnected", those agreements are to be treated as a single project. "Substantially interconnected" means forming a set of operationally and geographically integrated agreements with substantially similar terms that are signed with a government giving rise to payment liabilities. Indicators of integration include, but are not limited to, geographic proximity and the use of shared infrastructure. In this report the integration criteria adopted by Eni include the use of a common infrastructure and in the case of minor projects, geographic proximity.

The disclosure of the payments referred to in this Report reflects the substance of the contracts or the other obligations that give raise to payments.

Payments

Payments are reported according to the following break-down: i) the full amount paid to each governmental authority; ii) the full amount paid to each government by payment type; iii) the total amount by type of payment made for each project and the total amount of payments for each project.

The information is reported under the following payments types:

• 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. This includes the government's share as a sovereign entity or through its participation as an equity or interest holder in projects within its sovereign jurisdiction (home country).

³ Unincorporated Joint Ventures means two or more entities jointly carrying on the project under contract's provision, which are not incorporated in a separate vehicle/legal entity.

⁴ The operator of a petroleum project is the entity that based on contractual arrangements with the counterparties, manages field operations and, in this capacity, is actually making payments to governments including situations where the operator determines and communicates the production entitlement due to each party (i.e. under production sharing contracts).

⁵ Incorporated Joint Venture means two or more entities jointly carrying on the project through a separate vehicle/legal entity.

Production entitlements arising from activities or interests outside of its home country are excluded. First party6 entitlements are the share of production after hydrocarbons have been produced and allocated to cover costs and investments incurred by Eni for extractive activities. These entitlements are often paid in-kind and are taken at the source. Such production entitlements are reported on an accrual basis. The monetary value of in-kind payments is calculated based on market prices, determined on the basis of the contractual mechanisms provided in each PSA. When Eni is the joint-venture operator, host government entitlements are reported in their full amount. Where the national oil company (NOC) is also an equity partner in the joint venture, their production entitlement is reported in addition to the government's share of production. The NOC's entitlement as a partner will include both their share of production as investor return as well as their entitlement for the reimbursement of their costs, solely in relation to the activities performed in the home country.

In certain PSAs, Eni and the government agree to entrust the execution of extractive operations to a separate company (incorporated joint venture) that retains the role of operator, while Eni (or a subsidiary of Eni) retains the mineral right. The operator (which is not controlled by Eni) generally maintains the records that determine the sharing of production between the counterparties. In the process of determining and communicating the production entitlement due to each party, and making the arrangements for the parties to physically receive their entitlements, the operator is effectively making the payment to the government. This Report does not include the whole payment calculated on the basis of the government entitlement because the operator is not controlled by Eni. In these types of contracts, Eni's payments generally are limited to corporate income taxes calculated on the pre-tax profit pertaining to Eni. Finally, in the case of incorporated joint ventures that are at the same time operator of a petroleum project and holder of the underlying mineral rights, no payment amounts are reported by Eni both because those entities are not controlled by Eni and because these joint ventures are obligated to pay taxes on corporate profits to governments.

• Taxes

The Report includes taxes levied on income, profits and production coming from exploration and production of minerals, oil, natural gas and other natural resources. Taxes include in-kind volumes due by Eni to local tax authorities under PSAs (tax oil), which provide that the tax obligations of the second party are settled by the NOCs out of its share of profit oil. The monetary value of those payments is determined using the same method as per the production entitlements. Taxes levied on consumption, personnel, sales, procurement (contractor's withholding taxes), environmental, property, customs and excise are not reportable under the Regulations.

• Royalties

These are payments for the rights to extract oil and gas resources, typically a set percentage of revenue or production less any deductions that may be taken.

• Dividends

These are dividends that are paid in lieu of production entitlements or royalties. Dividends paid by Eni to a government as an ordinary shareholder are excluded. For the year ended December 31, 2019, there were no reportable amounts under this type.

• Signature, discovery and production bonuses

These are one-off contractual payments to governments for bonuses, e.g. paid upon assignment of

⁶ Government or National Oil Company which as part of an oil contract transfers to an oil company the right to carry out operations in a geographic area.

exploration permit, or when a commercial discovery is declared or an agreement/contract is signed, or production has commenced or reached a milestone. Signature, discovery and production bonuses are included in the Report.

• Licence fees, rental fees, entry fees and other considerations for licences and/or concessions

These are payments set by law or contracts for acquiring a licence for gaining access to an area where exploration, development and production activities are performed. Administrative government fees that are not specifically related to the extractive sector, or to access to extractive resources, are excluded. Also excluded are payments made in return for services provided by a government.

• Infrastructure construction or improvements

These are payments which relate to the construction or improvement of infrastructure (road, bridge or rail) not substantially dedicated for the use of extractive activities. Payments which are of a social investment in nature, for example building a school or hospital, are excluded. For the year ended December 31, 2019, there were no reportable infrastructure payments to a government.

Materiality

The regulation provides that payments below €100,000 made in the reporting period are not reported, whether made as a single payment or as a series of related payments. Such a disclosure threshold has been applied in this report, and such payments therefore excluded, when cumulative payments were below €100,000 aggregated either by payment type or by each single government. This materiality threshold does not apply to payments made in Italy.

Reporting currency

Payments are reported in thousand Euros. Payments made in currencies other than Euros are translated at the average exchange rate of the reporting period.

Assurance of the Independent Auditing Firm

PricewaterhouseCoopers S.p.A has undertaken a limited assurance engagement on this Report in accordance with the International Standard on Assurance Engagements (ISAE) 3000.

Information provided on a voluntary basis

In order to achieve greater transparency, Eni is reporting, on a voluntary basis and with the prior consent of host countries' relevant authorities, the governments' production entitlements at certain service agreements operated by Eni considering that this type of contracts, which are out of the scope of the rule, are similar to production sharing agreements, in addition to the payments made Eni's subsidiaries and proportionallyconsolidated entities. The table that includes payments reported on a voluntary basis is published on page 25.

Report on payments to governments 2019 of Eni Group

Payments overview 2019							(€ thousand)
Country	Production Entitlement	Taxes	Royalties	Bonuses	Fees	Infrastructure Improvements	Total
Europe
Italy	-	-	169,278	453	1,321	-	171,052
Cyprus	-	-	-	4,000	530	-	4,530
Montenegro	-	-	-	-	392	-	392
Netherlands	-	283	-	-	-	-	283
United Kingdom	-	140,898	-	-	4,355	-	145,253
Africa
Algeria	-	241,741	6,065	77,891	-	-	325,697
Angola	1,128,402	225,894	90,958	-	88	-	1,445,342
Congo	104,016	148,621	180,435	-	-	-	433,072
Egypt	-	602,031	-	8,351	-	-	610,382
Ghana	167,059	-	90,825	-	925	-	258,809
Ivory Coast	-	-	-	2,680	-	-	2,680
Libya	-	1,984,855	242,494	-	-	-	2,227,349
Nigeria	1,035,539	101,356	171,700	-	48,122	-	1,356,717
Tunisia	98,882	22,300	7,650	-	-	-	128,832
Americas
Argentina	-	1,272	-	2,233	35	-	3,540
Mexico	24,473	-	7,505	-	7,768	-	39,746
United States	-	13,862	86,349	-	617	-	100,828
Asia
China	-	364	-	-	8	-	372
Indonesia	174,600	4,392	-	11,202	-	-	190,194
Iraq	-	30,789	-	-	-	-	30,789
Kazakhstan	-	171,847	-	7,146	-	-	178,993
Oman	-	-	-	-	134	-	134
Pakistan	90,945	6,734	14,218	-	536	-	112,433
Timor Leste	39,906	29,593	-	-	587	-	70,086
Turkmenistan	96,610	10,036	5,989	-	-	-	112,635
United Arab Emirates	-	468,234	214,480	174,825	520	-	858,059
Australia and Oceania
Australia	-	(903)	-	-	1,457	-	554
Total	2,960,432	4,204,199	1,287,946	288,781	67,395	-	8,808,753

EUROPE

Italy

Payments per project

(in EUR thousand)	Production Entitlement	Taxes	Royalties	Bonuses	Fees	Infrastructure Improvements	Total
Val D'Agri	-	-	107,901	-	59	-	107,960
Sicily	-	-	26,395	453	198	-	27,046
Offshore Adriatic Sea	-	-	24,746	-	690	-	25,436
Offshore Ionian Sea	-	-	7,056	-	112	-	7,168
Italy onshore	-	-	3,180	-	262	-	3,442
Total	-	-	169,278	453	1,321	-	171,052

Payments per government

(in EUR thousand)	Production Entitlement	Taxes	Royalties	Bonuses	Fees	Infrastructure Improvements	Total
Basilicata Region	-	-	64,511	-	-	-	64,511
Italian State - Ministero dell'Economia e delle Finanze	-	-	58,971	-	-	-	58,971
Sicily Region	-	-	8,782	453	60	-	9,295
Municipality of Gela	-	-	8,481	-	-	-	8,481
Municipality of Viggiano	-	-	7,135	-	-	-	7,135
Emilia Romagna Region	-	-	4,226	-	-	-	4,226
Calabria Region	-	-	3,105	-	-	-	3,105
Municipality of Ragusa	-	-	2,510	-	-	-	2,510
Municipality of Bronte	-	-	2,438	-	-	-	2,438
Municipality of Troina	-	-	2,152	-	-	-	2,152
Municipality of Calvello	-	-	1,800	-	-	-	1,800
Municipality of Gagliano	-	-	1,109	-	-	-	1,109
Sate property administration	-	-	-	-	1,033	-	1,033
Municipality of Grumento Nova	-	-	1,029	-	-	-	1,029
Municipality of Marsico Nuovo	-	-	771	-	-	-	771
Molise Region	-	-	546	-	-	-	546
Puglia Region	-	-	451	-	-	-	451
Municipality Marsicovetere	-	-	257	-	-	-	257
Municipality of Montemuro	-	-	257	-	-	-	257
Municipality of Ravenna	-	-	194	-	-	-	194
Municipality of Mazara del Vallo	-	-	165	-	-	-	165
Port authority of Crotone	-	-	-	-	105	-	105
Port authority of Adriatic Sea central	-	-	-	-	99	-	99
Municipality of Rotello	-	-	67	-	-	-	67
Municipality of Butera	-	-	63	-	-	-	63
Municipality of Mazzarino	-	-	63	-	-	-	63

(in EUR thousand)	Production Entitlement	Taxes	Royalties	Bonuses	Fees	Infrastructure Improvements	Total
Abruzzo Region	-	-	55	-	-	-	55
Municipality of Biccari	-	-	47	-	-	-	47
Municipality of Nissoria	-	-	30	-	-	-	30
Municipality of Ragalbuto	-	-	30	-	-	-	30
Municipality of Volturino	-	-	23	-	-	-	23
Municipality of Alberona	-	-	10	-	-	-	10
Marche Region	-	-	-	-	6	-	6
Reclamation consortium of Ferrara valley (Sorit SpA)	-	-	-	-	5	-	5
Municipality of Trecate	-	-	-	-	4	-	4
Reclamation consortium of Muzza Bassa Lodigiana	-	-	-	-	3	-	3
Municipality of Caravaggio	-	-	-	-	1	-	1
Consortium for development activity of Matera district	-	-	-	-	1	-	1
Integral reclamation consortium of Larinese area	-	-	-	-	1	-	1
Italian Institute for Environmental Protection and Research (ISPRA)	-	-	-	-	1	-	1
Chieti district	-	-	-	-	1	-	1
Lombardia Region	-	-	-	-	1	-	1
Total	-	-	169,278	453	1,321	-	171,052

Cyprus

Payments per project

(in EUR thousand)	Production Entitlement	Taxes	Royalties	Bonuses	Fees	Infrastructure Improvements	Total
Cyprus exploration projects	-	-	-	4,000	530	-	4,530
Total	-	-	-	4,000	530	-	4,530

Payments per government

(in EUR thousand)	Production Entitlement	Taxes	Royalties	Bonuses	Fees	Infrastructure Improvements	Total
Ministry of Energy, Commerce and
Industry	-	-	-	4,000	530	-	4,530
Total	-	-	-	4,000	530	-	4,530

Montenegro

(in EUR thousand)	Production Entitlement	Taxes	Royalties	Bonuses	Fees	Infrastructure Improvements	Total
Montenegro exploration projects	-	-	-	-	392	-	392
Total	-	-	-	-	392	-	392

Payments per government

(in EUR thousand)	Production Entitlement	Taxes	Royalties	Bonuses	Fees	Infrastructure Improvements	Total
Hydrocarbon Directorate	-	-	-	-	392	-	392
Total	-	-	-	-	392	-	392

Netherlands

Payments per project

(in EUR thousand)	Production Entitlement	Taxes	Royalties	Bonuses	Fees	Infrastructure Improvements	Total
Payments not attributable to projects	-	283	-	-	-	-	283
Total	-	283	-	-	-	-	283
Payments per government
(in EUR thousand)	Production Entitlement	Taxes	Royalties	Bonuses	Fees	Infrastructure Improvements	Total
Belastingdienst	-	283	-	-	-	-	283
Total	-	283	-	-	-	-	283

United Kingdom

Payments per project

(in EUR thousand)	Production Entitlement	Taxes	Royalties	Bonuses	Fees	Infrastructure Improvements	Total
Payments not attributable to projects	-	140,898	-	-	369	-	141,267
United Kingdom exploration projects	-	-	-	-	3,060	-	3,060
Liverpool Bay	-	-	-	-	926	-	926
Total	-	140,898	-	-	4,355	-	145,253

Payments per government

(in EUR thousand)	Production Entitlement	Taxes	Royalties	Bonuses	Fees	Infrastructure Improvements	Total
HM Revenue & Customs	-	140,898	-	-	-	-	140,898
Department of Energy and Climate change	-	-	-	-	3,429	-	3,429
The Crown Estate	-	-	-	-	926	-	926
Totale	-	140,898	-	-	4,355	-	145,253

AFRICA

Algeria

Payments per project

(in EUR thousand)	Production Entitlement	Taxes	Royalties	Bonuses	Fees	Infrastructure Improvements	Total
Blocks 401a/402a, 403a and 403d	-	195,514 [A]	-	1,241	-	-	196,755
Block 403	-	30,645 [B]	1,635	56,080	-	-	88,360
Berkine North ZOI Development	-	3,328	3,127	20,570	-	-	27,025
Rom North	-	6,594	1,303	-	-	-	7,897
Block 405b	-	5,077 [C]	-	-	-	-	5,077
Berkine North Exploration	-	583	-	-	-	-	583
Total	-	241,741 -	6,065	77,891	-	-	325,697

Payments per government

(in EUR thousand)	Production Entitlement	Taxes	Royalties	Bonuses	Fees	Infrastructure Improvements	Total
Sonatrac	-	235,031 [D]	2,938	77,891	-	-	315,860
Direction Des Grandes Entreprises	-	6,710	3,127	-	-	-	9,837
Total	-	241,741	6,065	77,891	-	-	325,697

[A] includes 3,355 KBOE paid in kind [C] includes 105 KBOE paid in kind

[B] includes 532 KBOE paid in kind [D] includes 3,992 KBOE paid in kind

Angola

Payments per project

(in EUR thousand)	Production Entitlement	Taxes	Royalties	Bonuses	Fees	Infrastructure Improvements	Total
Block 15/06	1,128,402 [A]	93,822	-	-	88	-	1,222,312
Block 0	-	58,821	90,958	-	-	-	149,779
Block 15	-	54,854	-	-	-	-	54,854
Block 14	-	16,078	-	-	-	-	16,078
Block 3	-	2,319	-	-	-	-	2,319
Total	1,128,402	225,894	90,958	-	88	-	1,445,342

Payments per government

(in EUR thousand)	Production Entitlement	Taxes	Royalties	Bonuses	Fees	Infrastructure Improvements	Total
Sonangol P&P	909,888 [B]	-	-	-	-	-	909,888
Ministério das Finanças	-	220,986	90,958	-	88	-	312,032
Sonangol EP	218,514 [C]	-	-	-	-	-	218,514
Ministry of Petroleum	-	4,908	-	-	-	-	4,908
Totale	1,128,402	225,894	90,958	-	88	-	1,445,342

[A] includes 19,175 KBOE paid in kind [B] includes 15,482 KBOE paid in kind [C] includes 3,693 KBOE paid in kind

Congo

Payments per project

(in EUR thousand)	Production Entitlement	Taxes	Royalties	Bonuses	Fees	Infrastructure Improvements	Total
MARINE XII	15,998 [A]	28,131 [J]	84,106 [T]	-	-	-	128,235
M'BOUNDI	24,204 [B]	23,709 [K]	25,124 [U]	-	-	-	73,037
LOANGO II	10,180 [C]	17,314 [L]	17,999 [V]	-	-	-	45,493
Ikalou II	-	26,931 [M]	12,811 [W]	-	-	-	39,742
MWAFI II	15,106 [D]	11,873 [N]	7,851 [X]	-	-	-	34,830
FOUKANDA II	12,211 [E]	9,509 [O]	6,338 [Y]	-	-	-	28,058
ZATCHI II	8,464 [F]	9,467 [P]	9,978 [Z]	-	-	-	27,909
MARINE X	2,572 [G]	12,779 [Q]	6,826 [AA]	-	-	-	22,177
KITINA II	11,891 [H]	3,044 [R]	5,522 [AB]	-	-	-	20,457
Other projects	3,390 [I]	5,864 [S]	3,880 [AC]	-	-	-	13,134
Total	104,016	148,621	180,435	-	-	-	433,072

Payments per government

(in EUR thousand)	Production Entitlement	Taxes	Royalties	Bonuses	Fees	Infrastructure Improvements	Total
Republique du Congo	26,729 [AD]	148,621 [AF]	180,435 [AG]	-	-	-	355,785
Société Nationale des Pétroles du Congo	77,287 [AE]	-	-	-	-	-	77,287
Total	104,016	148,621	180,435	-	-	-	433,072

[A] includes 350 KBOE paid in kind	[L] includes 294 KBOE paid in kind	[W] includes 222 KBOE paid in kind
[B] includes 423 KBOE paid in kind	[M] includes 452 KBOE paid in kind	[X] includes 137 KBOE paid in kind
[C] includes 178 KBOE paid in kind	[N] includes 202 KBOE paid in kind	[Y] includes 111 KBOE paid in kind
[D] includes 264 KBOE paid in kind	[O] includes 162 KBOE paid in kind	[Z] includes 174 KBOE paid in kind
[E] includes 213 KBOE paid in kind	[P] includes 160 KBOE paid in kind	[AA] includes 119 KBOE paid in kind
[F] includes 148 KBOE paid in kind	[Q] includes 222 KBOE paid in kind	[AB] includes 97 KBOE paid in kind
[G] includes 45 KBOE paid in kind	[R] includes 50 KBOE paid in kind	[AC] includes 65 KBOE paid in kind
[H] includes 209 KBOE paid in kind	[S] includes 57 KBOE paid in kind	[AD] includes 479 KBOE paid in kind
[I] includes 60 KBOE paid in kind	[T] includes 1,530 KBOE paid in kind	[AE] includes 1,411 KBOE paid in kind
[J] includes 678 KBOE paid in kind	[U] includes 440 KBOE paid in kind	[AF] includes 2,679 KBOE paid in kind
[K] includes 402 KBOE paid in kind	[V] includes 313 KBOE paid in kind	[AG] includes 3,208 KBOE paid in kind

Egypt

	Production Entitlement	Taxes	Royalties	Bonuses	Fees	Infrastructure Improvements	Total
(in EUR thousand)
Shorouk	-	244,972 [A]	-	-	-	-	244,972
Nidoco	-	151,331 [B]	-	-	-	-	151,331
Sinai	-	110,336 [C]	-	-	-	-	110,336
Meleiha	-	36,266 [D]	-	-	-	-	36,266
Western Desert - other projects	-	13,220 [E]	-	8,351	-	-	21,571
Port Said	-	21,081 [F]	-	-	-	-	21,081
Ras El Barr	-	10,663 [G]	-	-	-	-	10,663
Temsah	-	7,173 [H]	-	-	-	-	7,173
Baltim	-	5,129 [I]	-	-	-	-	5,129
Gulf of Suez - other projects	-	1,860 [J]	-	-	-	-	1,860
Total	-	602,031	-	8,351	-	-	610,382

Payments per government

(in EUR thousand)	Production Entitlement	Taxes	Royalties	Bonuses	Fees	Infrastructure Improvements	Total
Egyptian Tax Authority	-	602,031 [K]	-	-	-	-	602,031
EGPC	-	-	-	8,351	-	-	8,351
Total	-	602,031	-	8,351	-	-	610,382
[A] includes 8,748 KBOE paid in kind		[E] includes 247 KBOE paid in kind				[I] includes 236 KBOE paid in kind
[B] includes 6,357 KBOE paid in kind		[F] includes 1,144 KBOE paid in kind			[J] includes 35 KBOE paid in kind
[C] includes 2,184 KBOE paid in kind		[G] includes 593 KBOE paid in kind				[K] includes 20,498 KBOE paid in kind
[D] includes 637 KBOE paid in kind		[H] includes 317 KBOE paid in kind

Ghana

Payments per project

(in EUR thousand)	Production Entitlement	Taxes	Royalties	Bonuses	Fees	Infrastructure Improvements	Total
Offshore Cape Three Point	167,059 [A]	-	90,825 [B]	-	544	-	258,428
Payments not attributable to projects	-	-	-	-	281	-	281
Ghana exploration projects	-	-	-	-	100	-	100
Total	167,059	-	90,825	-	925	-	258,809

Payments per government

(in EUR thousand)	Production Entitlement	Taxes	Royalties	Bonuses	Fees	Infrastructure Improvements	Total
Ghana National Petroleum Corporation	167,059 [A]	-	90,825 [B]	-	-	-	257,884
Environmental Protection Agency	-	-	-	-	403	-	403
Petroleum Commission	-	-	-	-	288	-	288
Maritime Authority	-	-	-	-	146	-	146
Revenue Authority	-	-	-	-	86	-	86
Nuclear Authority	-	-	-	-	2	-	2
Total	167,059	-	90,825 -	-	925	-	258,809

[A] includes 2,929 KBOE paid in kind [B] includes 1,593 KBOE paid in kind

Ivory Coast

Payments per project

(in EUR thousand)	Production Entitlement	Taxes	Royalties	Bonuses	Fees	Infrastructure Improvements	Total
Ivory Coast exploration projects	-	-	-	2,680	-	-	2,680
Total	-	-	-	2,680	-	-	2,680

Payments per government

(in EUR thousand)	Production Entitlement	Taxes	Royalties	Bonuses	Fees	Infrastructure Improvements	Total
Receveur des grandes entreprises	-	-	-	2,680	-	-	2,680
Total	-	-	-	2,680	-	-	2,680

Libya

Payments per project

(in EUR thousand)	Production Entitlement	Taxes	Royalties	Bonuses	Fees	Infrastructure Improvements	Total
Mellitah Complex	-	1,924,424 [A]	231,375 [C]	-	-	-	2,155,799
Area B	-	60,431 [B]	11,119 [D]	-	-	-	71,550
Total	-	1,984,855	242,494	-	-	-	2,227,349
Payments per government
(in EUR thousand)	Production Entitlement	Taxes	Royalties	Bonuses	Fees	Infrastructure Improvements	Total
National Oil Corporation	-	1,984,855 [E]	242,494 [F]	-	-	-	2,227,349

[A] includes 51,281 KBOE paid in kind [D] includes 199 KBOE paid in kind [B] includes 1,074 KBOE paid in kind [E] includes 52,355 KBOE paid in kind [C] includes 6,119 KBOE paid in kind [F] includes 6,318 KBOE paid in kind

Total - 1,984,855 242,494 - - - 2,227,349

Nigeria

Payments per project

(in EUR thousand)	Production Entitlement	Taxes	Royalties	Bonuses	Fees	Infrastructure Improvements	Total
NAOC JV (Land/swamp areas)	1,020,050 [A]	-	73,225	-	38,096	-	1,131,371
Payments not attributable to projects	-	75,303	-	-	-	-	75,303
Nigeria Deep Offshore (OML 125)	15,489 [B]	2,222	33,242 [D]	-	8,861	-	59,814
SPDC JV	-	-	50,860	-	-	-	50,860
Nigeria Offshore (OML 116)	-	23,831 [C]	14,373	-	1,003	-	39,207
Nigeria Deep Offshore (OPL 245)	-	-	-	-	162	-	162
Total	1,035,539	101,356	171,700	-	48,122	-	1,356,717

Payments per government

(in EUR thousand)	Production Entitlement	Taxes	Royalties	Bonuses	Fees	Infrastructure Improvements	Total
Nigerian National Petroleum Corporation	1,035,539 [E]	22,098 [F]	47,615 [G]	-	-	-	1,105,252
Department of Petroleum Resources	-	-	124,085	-	-	-	124,085
Federal Inland Revenue Service	-	79,258	-	-	-	-	79,258
Niger Delta Development Commission	-	-	-	-	48,122	-	48,122
Total	1,035,539	101,356	171,700	-	48,122	-	1,356,717

[A] includes 41,995 KBOE paid in kind [E] includes 42,258 KBOE paid in kind

[B] includes 263 KBOE paid in kind [F] includes 378 KBOE paid in kind

[C] includes 378 KBOE paid in kind [G] includes 565 KBOE paid in kind

[D] includes 565 KBOE paid in kind

Tunisia

Payments per project

(in EUR thousand)	Production Entitlement	Taxes	Royalties	Bonuses	Fees	Infrastructure Improvements	Total
ADAM	69,202 [A]	9,276	1,922 [D]	-	-	-	80,400
Tunisia South (Djebel Grouz + Oued Zar + MLD)	21,751 [B]	12,835	5,316 [E]	-	-	-	39,902
Tunisia North (Baraka + Maamoura + Mahres)	7,929 [C]	189	412 [F]	-	-	-	8,530
Total	98,882	22,300	7,650	-	-	-	128,832

Payments per government

(in EUR thousand)	Production Entitlement	Taxes	Royalties	Bonuses	Fees	Infrastructure Improvements	Total
Entreprise Tunisienne d'Activités Pétrolières	98,882 [G]	-	7,650 [H]	-	-	-	106,532
Recette des finances	-	22,300	-	-	-	-	22,300
Total	98,882	22,300	7,650	-	-	-	128,832

[A] includes 1,611 KBOE paid in kind [E] includes 93 KBOE paid in kind [B] includes 856 KBOE paid in kind [F] includes 7 KBOE paid in kind [C] includes 163 KBOE paid in kind [G] includes 2,630 KBOE paid in kind

[D] includes 39 KBOE paid in kind [H] includes 139 KBOE paid in kind

AMERICAS

Argentina

(in EUR thousand)	Production Entitlement	Taxes	Royalties	Bonuses	Fees	Infrastructure Improvements	Total
Block MLO 124	-	1,272	-	2,233	35	-	3,540
Total	-	1,272	-	2,233	35	-	3,540
Payments per government
(in EUR thousand)	Production Entitlement	Taxes	Royalties	Bonuses	Fees	Infrastructure Improvements	Total
Secretaría de Energía	-	-	-	2,233	35	-	2,268
Ministerio de Economía	-	1,272	-	-	-	-	1,272
Total	-	1,272	-	2,233	35	-	3,540

Mexico

Payments per project

	Production Entitlement	Taxes	Royalties	Bonuses	Fees	Infrastructure Improvements	Total
(in EUR thousand)
Area 1	24,473 [A]	-	7,505 [B]	-	264	-	32,242
Mexico exploration projects	-	-	-	-	7,504	-	7,504
Total	24,473	-	7,505	-	7,768	-	39,746
Payments per government
	Production Entitlement	Taxes	Royalties	Bonuses	Fees	Infrastructure Improvements	Total
(in EUR thousand)
Fondo mexicano del Petroleo	24,473 [A]	-	7,505 [B]	-	3,249	-	35,227
Secretaria de Hacienda y Credito Publico	-	-	-	-	4,519	-	4,519
Total	24,473	-	7,505	-	7,768	-	39,746

United States

Payments per project

(in EUR thousand)	Production Entitlement	Taxes	Royalties	Bonuses	Fees	Infrastructure Improvements	Total
Alaska - Beaufort Sea	-	13,767	60,400	-	617	-	74,784
Gulf of Mexico	-	58	25,949	-	-	-	26,007
Payments not attributable to projects	-	37	-	-	-	-	37
Total	-	13,862	86,349	-	617	-	100,828

Payments per government

(in EUR thousand)	Production Entitlement	Taxes	Royalties	Bonuses	Fees	Infrastructure Improvements	Total
State of Alaska Department of Natural Resources	-	-	60,400	-	592	-	60,992
Office of Natural Resources Revenue (US)	-	-	25,949	-	-	-	25,949
State of Alaska	-	13,767	-	-	-	-	13,767
State of Texas	-	58	-	-	-	-	58
State of New York	-	37	-	-	-	-	37
State of Alaska Department of Environmental Conservation	-	-	-	-	25	-	25
Total	-	13,862	86,349	-	617	-	100,828

ASIA

China

Payments per project

(in EUR thousand)	Production Entitlement	Taxes	Royalties	Bonuses	Fees	Infrastructure Improvements	Total
China exploration projects	-	364	-	-	8	-	372
Total	-	364	-	-	8	-	372

Payments per government

(in EUR thousand)	Production Entitlement	Taxes	Royalties	Bonuses	Fees	Infrastructure Improvements	Total
Government Agency	-	364	-	-	-	-	364
CNOOC Shenzhen Limited (NoC)	-	-	-	-	8	-	8
Total	-	364	-	-	8	-	372

Indonesia

Payments per project

(in EUR thousand)	Production Entitlement	Taxes	Royalties	Bonuses	Fees	Infrastructure Improvements	Total
Jangkrik	174,600 [A]	-	-	447	-	-	175,047
West Ganal	-	-	-	10,755	-	-	10,755
Payments not attributable to projects	-	4,392	-	-	-	-	4,392
Total	174,600	4,392	-	11,202	-	-	190,194

Payments per government

(in EUR thousand)	Production Entitlement	Taxes	Royalties	Bonuses	Fees	Infrastructure Improvements	Total
PT Saka Energi Muara Bakau	120,252 [B]	-	-	-	-	-	120,252
SKKMIGAS (Satuan Kerja Khusus Pelaksana Kegiatan Hulu Migas)	54,348 [C]	-	-	447	-	-	54,795
Direktorat Jenderal Minyak Dan Gas Bumi	-	-	-	10,755	-		10,755
State Treasury, Ministry of Finance of Republic of Indonesia	-	4,392	-	-	-	-	4,392
Total	174,600	4,392	-	11,202	-	-	190,194
[A] includes 166 KBOE paid in kind		[B] includes 110 KBOE paid in kind				[C] includes 56 KBOE paid in kind

Iraq

(in EUR thousand)	Production Entitlement	Taxes	Royalties	Bonuses	Fees	Infrastructure Improvements	Total
Zubair	-	30,789	-	-	-	-	30,789
Total	-	30,789	-	-	-	-	30,789

Payments per government

(in EUR thousand)	Production Entitlement	Taxes	Royalties	Bonuses	Fees	Infrastructure Improvements	Total
Ministry of Oil	-	30,789	-	-	-	-	30,789
Total	-	30,789	-	-	-	-	30,789

Kazakhstan

Payments per project

(in EUR thousand)	Production Entitlement	Taxes	Royalties	Bonuses	Fees	Infrastructure Improvements	Total
Karachaganak	-	171,847	-	-	-	-	171,847
Abay field	-	-	-	7,146	-	-	7,146
Total	-	171,847	-	7,146	-	-	178,993

Payments per government

(in EUR thousand)	Production Entitlement	Taxes	Royalties	Bonuses	Fees	Infrastructure Improvements	Total
Treasury Committee of the
Ministry of Finance	-	171,847	-	2,233	-	-	174,080
Kazmunaigaz	-	-	-	4,913	-	-	4,913
Total	-	171,847	-	7,146	-	-	178,993

Oman

Payments per project

(in EUR thousand)	Production Entitlement	Taxes	Royalties	Bonuses	Fees	Infrastructure Improvements	Total
Block 52	-	-	-	-	134	-	134
Total	-	-	-	-	134	-	134

Payments per government

(in EUR thousand)	Production Entitlement	Taxes	Royalties	Bonuses	Fees	Infrastructure Improvements	Total
Government Agency	-	-	-	-	134	-	134
Total	-	-	-	-	134	-	134

Pakistan

(in EUR thousand)	Production Entitlement	Taxes	Royalties	Bonuses	Fees	Infrastructure Improvements	Total
KADANWARI	58,569 [A]	-	2,972	-	36	-	61,577
BADHRA	16,240 [B]	-	4,332	-	-	-	20,572
BHIT	16,136 [C]	-	2,649	-	-	-	18,785
Payments not attributable to projects	-	6,734	-	-	-	-	6,734
Other projects	-	-	4,265	-	500	-	4,765
Total	90,945	6,734	14,218	-	536	-	112,433

Payments per government

(in EUR thousand)	Production Entitlement	Taxes	Royalties	Bonuses	Fees	Infrastructure Improvements	Total
Oil and Gas Development Company Limited	90,945 [D]	-	-	-	-	-	90,945
Directoral General Petroleum Concession	-	-	14,218	-	536	-	14,754
Federal Board of Revenue	-	6,175	-	-	-	-	6,175
Sindh Revenue Board	-	559	-	-	-	-	559
Total	90,945	6,734	14,218	-	536	-	112,433

[A] includes 1,578 KBOE paid in kind [C] includes 1,000 KBOE paid in kind [B] includes 984 KBOE paid in kind [D] includes 3,562 KBOE paid in kind

Timor Leste

Payments per project

(in EUR thousand)	Production Entitlement	Taxes	Royalties	Bonuses	Fees	Infrastructure Improvements	Total
JPDA 03-13 Bayu Undan	39,906	29,593	-	-	-	-	69,499
Bonaparte Basin - other projects	-	-	-	-	587	-	587
Total	39,906	29,593	-	-	587	-	70,086

Payments per government

(in EUR thousand)	Production Entitlement	Taxes	Royalties	Bonuses	Fees	Infrastructure Improvements	Total
National Petroleum Authority	39,906	-	-	-	587	-	40,493
National Directorate of Petroleum and Mineral Revenue	-	29,593	-	-	-	-	29,593
Total	39,906	29,593	-	-	587	-	70,086

Turkmenistan

Payments per project

(in EUR thousand)	Production Entitlement	Taxes	Royalties	Bonuses	Fees	Infrastructure Improvements	Total
Nebit Dag	96,610 [A]	10,036	5,989 [B]	-	-	-	112,635
Total	96,610	10,036	5,989	-	-	-	112,635
Payments per government
	Production Entitlement	Taxes	Royalties	Bonuses	Fees	Infrastructure Improvements	Total
(in EUR thousand) Turkmennebit	96,610 [A]	-	5,989 [B]	-	-	-	102,599
Turkmenistan State treasury	-	10,036	-	-	-	-	10,036

[A] includes 1,933 KBOE paid in kind [B] includes 120 KBOE paid in kind

United Arab Emirates

Payments per project

(in EUR thousand)	Production Entitlement	Taxes	Royalties	Bonuses	Fees	Infrastructure Improvements	Total
Umm Shaif and Nasr	-	263,257	126,388	-	-	-	389,645
Lower Zakum	-	204,977	88,092	-	-	-	293,069
Ghasha	-	-	-	158,299	-	-	158,299
Exploration Block 2	-	-	-	12,506	-	-	12,506
RAK Exploration Block A	-	-	-	4,020	431	-	4,451
Sharjah	-	-	-	-	89	-	89
Total	-	468,234	214,480	174,825	520	-	858,059

Payments per government

(in EUR thousand)	Production Entitlement	Taxes	Royalties	Bonuses	Fees	Infrastructure Improvements	Total
Abu Dhabi Department of Finance	-	468,234	214,480	12,506	-	-	695,220
Abu Dhabi National Oil Company	-	-	-	158,299	-	-	158,299
RAK GAS L.L.C	-	-	-	4,020	-	-	4,020
RAK Petroleum Authority	-	-	-	-	431	-	431
Sharjah National Oil Company	-	-	-	-	89	-	89
Total	-	468,234	214,480	174,825	520	-	858,059

AUSTRALIA AND OCEANIA

Australia

	Production Entitlement	Taxes	Royalties	Bonuses	Fees	Infrastructure Improvements	Total
(in EUR thousand)
Bonaparte Basin	-	-	-	-	1,053	-	1,053
Carnarvon Basin	-	(481)	-	-	403	-	(78)
JPDA 03-13 Bayu Undan	-	(422)	-	-	1	-	(421)
Total	-	(903)	-	-	1,457	-	554
Payments per government
	Production Entitlement	Taxes	Royalties	Bonuses	Fees	Infrastructure Improvements	Total
(in EUR thousand)
National Offshore Petroleum Safety Environ.l Manag. Auth.	-	-	-	-	767	-	767
National Offshore Petroleum Titles Administrator	-	-	-	-	689	-	689
Australian Tax Office	-	(903)	-	-	1	-	(902)
Total	-	(903)	-	-	1,457	-	554

Independent limited assurance report

Report on payments to governments 2019 including information provided on a voluntary basis7

Payments overview 2019							(€ thousand)
Country	Production Entitlement	Taxes	Royalties	Bonuses	Fees	Infrastructure Improvements	Total
Europe
Italy	-	-	169,278	453	1,321	-	171,052
Cyprus	-	-	-	4,000	530	-	4,530
Montenegro	-	-	-	-	392	-	392
Netherlands	-	283	-	-	-	-	283
United Kingdom	-	140,898	-	-	4,355	-	145,253
Africa
Algeria	-	241,741	6,065	77,891	-	-	325,697
Angola	1,128,402	225,894	90,958	-	88	-	1,445,342
Congo	104,016	148,621	180,435	-	-	-	433,072
Egypt		602,031		8,351			610,382
Ghana	167,059		90,825		925		258,809
Ivory Coast				2,680			2,680
Libya	-	1,984,855	242,494	-	-	-	2,227,349
Nigeria	1,035,539	101,356	171,700	-	48,122	-	1,356,717
Tunisia	98,882	22,300	7,650	-	-	-	128,832
Americas
Argentina	-	1,272		2,233	35		3,540
Mexico	24,473	-	7,505	-	7,768	-	39,746
United States	-	13,862	86,349	-	617	-	100,828
Asia
China	-	364	-	-	8	-	372
Indonesia	174,600	4,392	-	11,202	-	-	190,194
Iraq	8,741,962 (*) [A]	30,789	-	-	-	-	8,772,751
Kazakhstan	-	171,847	-	7,146	-	-	178,993
Oman	- -	-	-	-	134	-	134
Pakistan	90,945	6,734	14,218	-	536	-	112,433
Timor Leste	39,906	29,593	-	-	587	-	70,086
Turkmenistan	96,610	10,036	5,989	-	-	-	112,635
United Arab Emirates	-	468,234	214,480	174,825	520	-	858,059
Australia and Oceania
Australia	-	(903)	-	-	1,457	-	554
Total	11,702,394 -	4,204,199	1,287,946	288,781	67,395	-	17,550,715

(*) Information provided on a voluntary basis

[A] Related to 159,518 KBBL paid in kind corresponding to the entitlements of the State and of the state-owned companies Missan Oil Company and Basra Oil Company.

⁷ For reporting principles see the paragraph "Information provided on a voluntary basis" on page 7.

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