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Shell PLC Environmental & Social Information 2020

Apr 7, 2020

5307_iss_2020-04-07_8e159420-d166-4d9b-a759-d79d0cd9c642.pdf

Environmental & Social Information

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ROYAL DUTCH SHELL PLC - REPORT ON PAYMENTS TO GOVERNMENT FOR THE YEAR 2019

Basis for Preparation - Report on Payments to Government for the year 2019

This Report provides a consolidated overview of the payments to governments made by Royal Dutch Shell plc and its subsidiary undertakings (hereinafter referred to as "Shell") for the year 2019 as required under the UK's Report on Payments to Governments Regulations 2014 (as amended in December 2015). These UK Regulations enact domestic rules in line with Directive 2013/34/EU (the EU Accounting Directive (2013)) and apply to large UK incorporated companies like Shell that are involved in the exploration, prospection, discovery, development and extraction of minerals, oil, natural gas deposits or other materials. This Report is also filed with the National Storage Mechanism (http://www.morningstar.co.uk/uk/nsm) intended to satisfy the requirements of the Disclosure Guidance and Transparency Rules of the Financial Conduct Authority in the United Kingdom.

This Report is available for download from www.shell.com/payments.

Legislation

This Report is prepared in accordance with The Reports on Payments to Governments Regulations 2014 as enacted in the UK in December 2014 and as amended in December 2015.

Reporting entities

This Report includes payments to governments made by Royal Dutch Shell plc and its subsidiary undertakings (Shell). Payments made by entities where Shell has joint control are excluded from this Report.

Activities

Payments made by Shell to governments arising from activities involving the exploration, prospection, discovery, development and extraction of minerals, oil and natural gas deposits or other materials (extractive activities) are disclosed in this Report. It excludes payments related to refining, natural gas liquefaction or gas-to-liquids activities. For a fully integrated project, which does not have an interim contractual cut-off point where a value can be attached or ascribed separately to the extractive activities and to other processing activities, payments to governments will not be artificially split but are disclosed in full.

Government

Government includes any national, regional or local authority of a country, and includes a department, agency or entity that is a subsidiary of a government, including a national oil company.

Project

Payments are reported at project level except that payments that are not attributable to a specific project are reported at entity level. Project is defined as 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 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 contracts, licences, leases or concessions or related agreements with substantially similar terms that are signed with a government giving rise to payment liabilities. Such agreements can be governed by a single contract, joint venture, production sharing agreement, or other overarching legal agreement. Indicators of integration include, but are not limited to, geographic proximity, the use of shared infrastructure and common operational management.

Payment

The information is reported under the following payment types.

Production entitlements

These are the host government's share of production in the reporting period derived from projects operated by Shell. 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). Production entitlements arising from activities or interests outside of its home country are excluded.

In certain contractual arrangements, typically a production sharing contract, a government through its participation interest may contribute funding of capital and operating expenditure to projects, from which it derives production entitlement to cover such funding (cost recovery). Such cost recovery production entitlement is included.

In situations where a government settles Shell's income tax obligation on behalf of Shell by utilising its share of production entitlements (typically under a tax-paid concession), such amount will be deducted from the reported production entitlement.

Taxes

These are taxes paid by Shell on its income, profits or production (which include resource severance tax, and petroleum resource rent tax), including those settled by a government on behalf of Shell under a tax-paid concession. Payments are reported net of refunds. Consumption taxes, personal income taxes, sales taxes, property and environmental taxes are excluded.

Royalties

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

Dividends

These are dividend payments other than dividends paid to a government as an ordinary shareholder of an entity unless paid in lieu of production entitlements or royalties. For the year ended December 31, 2019, there were no reportable dividend payments to a government.

Bonuses

These are payments for Bonuses. These are usually paid upon signing an agreement or a contract, or when a commercial discovery is declared, or production has commenced or production has reached a milestone.

License fees, rental fees, entry fees and other considerations for licenses and/or concessions

These are fees and other sums paid as consideration for acquiring a licence for gaining access to an area where extractive 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 improvements

These are payments which relate to the construction 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 of a school or hospital, are excluded.

OTHER

Operatorship

When Shell makes a payment directly to a government arising from a project, regardless of whether Shell is the operator, the full amount paid is disclosed even where Shell as the operator is proportionally reimbursed by its non-operating venture partners through a partner billing process (cash-call).

When a national oil company is the operator of a project to whom Shell makes a reportable payment, which is distinguishable in the cashcall, it is included in this Report.

Cash and in-kind payments

Payments are reported on cash basis. In-kind payments are converted to an equivalent cash value based on the most appropriate and relevant valuation method for each payment, which can be at cost or market value or such value as stated in the contract. In-kind payments are reported in both volumes and the equivalent cash value.

Materiality Level

For each payment type, total payments below £86,000 to a government are excluded from this Report.

Exchange Rate

Payments made in currencies other than US Dollars are translated for this Report based on the foreign exchange rate at the relevant quarterly average rate.

Report on Payments to Governments

GOVERNMENT REPORTS (IN

USD)
Production
Entitlement
Taxes Royalties Bonuses Fees Infrastructure Improvements Total
Countries
EUROPE
Bulgaria - - - - 158,423 - 158,423
Denmark - 240,634,144 - - - - 240,634,144
Germany - -409,012 - - - - -409,012
Italy - 25,142,953 75,260,455 - - - 100,403,408
Norway 1,981,216,339 1,087,834,696 - - 754,924 - 3,069,805,959
United Kingdom - -116,563,817 - - 6,543,056 - -110,020,761
ASIA
Brunei Darussalam - 118,946 - - 727,717 - 846,663
China 13,348,514 - 406,047 - - - 13,754,561
India 216,885,607 20,469,494 34,347,235 - - - 271,702,336

Kazakhstan - 204,871,617 - - - - 204,871,617

Malaysia 2,870,510,880 312,151,913 644,653,300 - 15,000,000 - 3,842,316,093
Oman - 2,857,707,039 - 1,000,000 150,000 - 2,858,857,039
Philippines 607,693,780 131,112,519 - - - - 738,806,299
Qatar 493,208,027 681,694,760 - 5,000,000 19,654,096 - 1,199,556,883
Thailand - -1,230,179 - - - - -1,230,179
OCEANIA
Australia - 1,265,077 158,953,548 - 13,736,277 1,756,836 175,711,738
AFRICA
Egypt - 93,294,881 - 61,000,000 - - 154,294,881
Gabon - - - - 119,693 - 119,693
Nigeria 3,983,413,143 1,062,965,746 446,362,409 - 136,876,347 - 5,629,617,645
Somalia - - - - 1,708,000 1,708,000
Tunisia - 118,095,328 41,032,237 - - - 159,127,565
NORTH AMERICA
Canada - -930,294 42,021,659 - 6,963,104 - 48,054,469
Mexico - - - - 38,393,009 - 38,393,009
United States - 235,802,948 959,236,110 - 114,639,187 - 1,309,678,245
SOUTH AMERICA
Argentina - - 19,121,199 - 376,265 - 19,497,464
Bolivia - - - - 1,326,933 - 1,326,933
Brazil 19,719,197 - 766,952,516 122,834,875 1,558,929,871 - 2,468,436,459
Trinidad and Tobago76,970,053 12,154,124 3,934,073 85,000,000 11,157,097 - 189,215,347
Total 10,262,965,540 6,966,182,883 3,192,280,788 274,834,875 1,927,213,999 1,756,836 22,625,234,921

Bulgaria

GOVERNMENT REPORTS (IN USD)

Production
Entitlement Taxes
Royalties Bonuses Fees Infrastructure
Improvements Total
GOVERNMENTS
MINISTRY OF ENERGY
OF THE REPUBLIC OF BULGARIA -
- - - 158,423 - 158,423
Total - - - - 158,423 - 158,423
PROJECT REPORTS (IN USD) Production
Entitlement Taxes
Royalties Bonuses Fees Infrastructure
Improvements Total
PROJECTS
KHAN KUBRAT
- - - - 158,423 - 158,423
Total - - - - 158,423 - 158,423

Denmark

GOVERNMENT REPORTS (IN USD)

Production
Entitlement
Taxes Royalties Bonuses Fees Infrastructure
Improvements Total
- 240,634,144 - - - - 240,634,144
- 240,634,144 - - - - 240,634,144
Production Taxes
Entitlement Royalties Bonuses Fees Infrastructure
Improvements Total
ENTITY LEVEL PAYMENT
SHELL OLIE - OG
GASUDVINDING DANMARK B.V.
- 240,634,144 - - - - 240,634,144
Total - 240,634,144 - - - - 240,634,144
GERMANY
GOVERNMENT REPORTS (IN
USD)
GOVERNMENTS Production Entitlement Taxes Royalties Bonuses Fees Infrastructure
Improvements Total
TAX AUTHORITIES HAMBURG - -409,012 - - - - -409,012
Total - -409,012 - - - - -409,012
PROJECT REPORTS (IN USD) Production Entitlement Taxes Royalties Bonuses Fees Infrastructure
Improvements Total
ENTITY LEVEL PAYMENT
DEUTSCHE SHELL HOLDING
GmbH
- -409,012 - - - - -409,012
Total - -409,012 - - - - -409,012
Italy
GOVERNMENT REPORTS
(IN USD)
Production Infrastructure
GOVERNMENTS Entitlement Taxes Royalties Bonuses Fees Improvements Total
BASILICATA REGION (VDA) - - 45,010,332 - - - 45,010,332
CALVELLO MUNICIPALITY - - 1,254,820 - - - 1,254,820
GRUMENTO NOVA
MUNICIPALITY
- - 717,040 - - - 717,040
MARSICO NUOVO
MUNICIPALITY
- - 537,780 - - - 537,780
VIGGIANO MUNICIPALITY - - 4,974,465 - - - 4,974,465
TESSORERIA PROVINICIALE
DELLO STATO
- 25,142,953 22,407,498 - - - 47,550,451
MARSICOVETERE
MUNICIPALITY
- - 179,260 - - - 179,260
MONTEMURRO
MUNICIPALITY
- - 179,260 - - - 179,260
Total - 25,142,953 75,260,455 - - - 100,403,408
PROJECT REPORTS (IN
USD)
Production Infrastructure
PROJECTS Entitlement Taxes Royalties Bonuses Fees Improvements Total
ITALY UPSTREAM ASSET - - - - 75,260,455
75,260,455 -
ENTITY LEVEL PAYMENT
SHELL ITALIA E&P SpA
- 25,142,953 - - - - 25,142,953
Total - 25,142,953 75,260,455 - - - 100,403,408
GOVERNMENT REPORTS (IN USD)
Production
Entitlement
Taxes Royalties Bonuses Fees Infrastructure
Improvements Total
GOVERNMENTS
OLJEDIREKTORATET - - - - 754,924 - 754,924
PETORO AS 1,169,083,686[A] - - - - - 1,169,083,686
SKATTE OG
AVGIFTSREGNSKAP
- 1,085,800,717 - - - - 1,085,800,717
SKATTEOPPKREVEREN
I SOLA
- 2,033,979 - - - - 2,033,979
EQUINOR ASA 812,132,653[B] - - - - - 812,132,653
Total 1,981,216,339 1,087,834,696 - - 754,924 - 3,069,805,959
PROJECT REPORTS (IN USD)
Production
Entitlement
Taxes Royalties Bonuses Fees Infrastructure
Improvements Total
PROJECTS
NORWAY
EXPLORATION
PROJECTS
- - - - 353,622 - 353,622
ORMEN LANGE
AND DRAUGEN
1,981,216,339[C] - - - - - 1,981,216,339
GAUPE - - - - 401,302 - 401,302
ENTITY LEVEL
PAYMENT
A/S NORSKE SHELL - 1,090,800,806 - - - - 1,090,800,806
BG NORGE LIMITED - -2,966,110 - - - - -2,966,110
Total 1,981,216,339 1,087,834,696 - - 754,924 - 3,069,805,959

[A] Includes payment in kind of \$1,169,083,686 for 29,562 KBOE valued at market price.

[B] Includes payment in kind of \$812,132,653 for 20,536 KBOE valued at market price.

[C] Includes payment in kind of \$1,981,216,339 for 50,098 KBOE valued at market price.

United Kingdom GOVERNMENT REPORTS (IN USD)

Production
Entitlement Taxes
Royalties
Bonuses
Fees Infrastructure
Improvements Total
GOVERNMENTS
OIL AND GAS AUTHORITY - - - - 6,430,779 - 6,430,779
HM REVENUE AND CUSTOMS - -116,563,817 - - - - -116,563,817
THE CROWN ESTATE SCOTLAND - - - - 112,277 - 112,277
Total - - 116,563,817 - - 6,543,056 - -110,020,761
PROJECT REPORTS (IN USD)
Production
Entitlement Taxes
Royalties Bonuses Fees Infrastructure
Improvements Total
PROJECTS
BRENT AND OTHER NORTHERN
NORTH SEA PROJECTS
- -74,275,062 - - 458,720 - -73,816,341
ONEGAS WEST - - - - 1,362,755 - 1,362,755
UK EXPLORATIONS PROJECTS - - - - 561,019 - 561,019
UK OFFSHORE NON - OPERATED - - - - 249,067 - 249,067
UK OFFSHORE OPERATED - - - - 676,606 - 676,606
WEST OF SHETLAND NON -
OPERATED
- - - - 204,697 - 204,697
ENTITY LEVEL PAYMENT
SHELL U.K. LIMITED - -42,288,755 - - 3,030,192 - -39,258,563

AND NATURAL GAS

Brunei Darussalam
GOVERNMENT REPORTS (IN
USD)
Production Infrastructure
Entitlement Taxes Royalties Bonuses Fees Improvements Total
GOVERNMENTS
MINISTRY OF FINANCE AND
ECONOMY
- 118,946 -
-
727,717 - 846,663
Total - 118,946 -
-
727,717 - 846,663
PROJECT REPORTS (IN USD) Production
Entitlement Taxes
Royalties Bonuses Fees Infrastructure
Improvements Total
PROJECTS
BRUNEI OFFSHORE BLOCKS -
- -
-
727,717 - 727,717
ENTITY LEVEL PAYMENT
SHELL DEEPWATER BORNEO
LIMITED
- 118,946 -
-
- - 118,946
Total - 118,946 -
-
727,717 - 846,663
China
GOVERNMENT REPORTS (IN USD)
Production
Entitlement
Taxes Royalties Bonuses
Fees
Infrastructure
Improvements Total
GOVERNMENTS
CHINA NATIONAL
PETROLEUM
CORPORATION
13,348,514[A] - - - - - 13,348,514
SHAANXI PROVINCE
OFFICE OF STATE
- - 406,047[B] - - - 406,047
Total 13,348,514 - 406,047 - - - 13,754,561
PROJECT REPORTS (IN USD)
Production
Entitlement
Taxes Royalties Bonuses
Fees
Infrastructure
Improvements Total
PROJECTS
CHANGBEI
13,348,514[C] - 406,047[D] - - - 13,754,561
Total 13,348,514 - 406,047 - - - 13,754,561
[A] Includes payment in kind of \$13,348,514 for 433 KBOE valued at government selling price.
[B] Includes payment in kind of \$406,047 for 13 KBOE valued at government selling price.
[C] Includes payment in kind of \$13,348,514 for 433 KBOE valued at government selling price.
[D] Includes payment in kind of \$406,047 for 13 KBOE valued at government
INDIA
GOVERNMENT REPORTS (IN
USD)
Production
Entitlement Taxes
Royalties Bonuses Fees Infrastructure
Improvements Total
GOVERNMENTS
CENTRAL BOARD OF EXCISE
- - 6,262,517 - - - 6,262,517
AND CUSTOMS
INCOME TAX DEPARTMENT -
20,469,494 - -
-
- 20,469,494
OIL AND NATURAL GAS 208,342,808 - - -
-
- 208,342,808
CORPORATION LTD.
PAY AND ACCOUNTS
[A]
OFFICER,
MINISTRY OF PETROLEUM
8,542,799 - 28,084,718 - - - 36,627,517
Total 216,885,607 20,469,494 34,347,235 - -
-
271,702,336
PROJECT REPORTS (IN
USD)
Production
Entitlement Taxes
Royalties Bonuses Fees Infrastructure Improvements Total
PROJECTS
PANNA MUKTA 216,885,607
[B]
- 34,347,235 - -
-
251,232,842
ENTITY LEVEL PAYMENT
BG EXPLORATION AND
PRODUCTION
INDIA LIMITED
- 20,469,494 - - -
-
20,469,494
Total 216,885,607 20,469,494 34,347,235 - -
-
271,702,336
[A] Includes payment in kind of \$208,342,808 for 4,668 KBOE valued at market price.
[B] Includes payment in kind of \$208,342,808 for 4,668 KBOE valued at market price.
Kazakhstan
GOVERNMENT REPORTS
(IN USD)
Production
Entitlement Taxes
Royalties Bonuses Fees Infrastructure
Improvements Total
GOVERNMENTS
WEST KAZAKHSTAN TAX
COMMITTEE
- 204,871,617 - -
-
- 204,871,617
Total
Show
PROJECT REPORTS (IN
USD)
- 204,871,617 - -
-
- 204,871,617
Production
Entitlement Taxes
Royalties Bonuses Fees Infrastructure
Improvements Total
PROJECTS
KARACHAGANAK
- 204,871,617 - -
-
- 204,871,617
Total - 204,871,617 - -
-
- 204,871,617
Malaysia
GOVERNMENT REPORTS (IN USD)
Production
Entitlement
Taxes Royalties Bonuses Fees Infrastructure
Improvements Total
GOVERNMENTS
KETUA PENGARAH HASIL
- 312,151,913 - - - - 312,151,913
DALAM NEGERI
PETROLIAM NASIONAL
BERHAD
1,565,060,994
[A]
- 31,040,343 - 15,000,000 - 1,611,101,336
PETRONAS CARIGALI
SDN BHD (KL)
1,305,449,886
[B]
- - - - - 1,305,449,886
MALAYSIA FEDERAL AND
STATE GOVERNMENT
- - 613,612,957[C] - - - 613,612,957
Total 2,870,510,880 312,151,913 644,653,300 - 15,000,000 - 3,842,316,093
PROJECT REPORTS (IN USD)
PROJECTS
Production
Entitlement
Taxes Royalties Bonuses Fees Infrastructure
Improvements Total
SABAH GAS -
NOT OPERATED
- 30,391,177 1,575,401 - - - 31,966,578
SABAH INBOARD AND
DEEPWATER OIL
1,247,146,464
[D]
240,958,093 363,546,804[E] - - - 1,851,651,361
SARAWAK OIL AND GAS 1,623,364,416
[F]
31,197,533 279,181,925[G]
-
15,000,000 - 1,948,743,874
ENTITY LEVEL PAYMENT
SABAH SHELL
PETROLEUM COMPANY
LIMITED
- 1,778,583 258,979 - - - 2,037,562
SARAWAK SHELL
BERHAD
- 1,339,356 - - - - 1,339,356
SHELL ENERGY ASIA
LIMITED
- 1,040,649 - - - - 1,040,649
SHELL OIL AND GAS
(MALAYSIA) LLC
- 458,605 - - - - 458,605
SHELL SABAH SELATAN
SDN. BHD.
- 4,987,918 90,191 - - - 5,078,109
Total 2,870,510,880 312,151,913 644,653,300 - 15,000,000 - 3,842,316,093

[A] Includes payment in kind of \$657,665,735 for 41,708 KBOE valued at fixed price and \$907,395,259 for 13,349 KBOE valued at market price.

[B] Includes payment in kind of \$509,467,820 for 32,444 KBOE valued at fixed price and \$795,982,066 for 11,513 KBOE valued at market price.

[C] Includes payment in kind of \$189,522,443 for 12,054 KBOE valued at fixed price and \$424,090,514 for 6,114 KBOE valued at market price.

[D] Includes payment in kind of \$1,247,146,464 for 17,637 KBOE valued at market price.

[E] Includes payment in kind of \$356,415,948 for 5,040 KBOE valued at market price.

[F] Includes payment in kind of \$1,167,133,555 for 74,152 KBOE valued at fixed price and \$456,230,861 for 7,226 KBOE valued at market price.

[G] Includes payment in kind of \$189,522,443 for 12,054 KBOE valued at fixed price and \$67,674,566 for 1,073 KBOE valued at market price.

Oman
GOVERNMENT
REPORTS (IN USD) Production
Entitlement Taxes
Royalties Bonuses Fees Infrastructure
Improvements Total
GOVERNMENTS
OMAN - MINISTRY
OF FINANCE
- 2,857,707,039 - 1,000,000 150,000 - 2,858,857,039
Total - 2,857,707,039 - 1,000,000 150,000 - 2,858,857,039
PROJECT
REPORTS (IN USD)
Production
Entitlement Taxes
Royalties Bonuses Fees Infrastructure
Improvements Total
PROJECTS
BLOCK 6
CONCESSION
- 2,857,707,039 - - - - 2,857,707,039
BLOCK 42
CONCESSION
- - - 1,000,000 150,000 - 1,150,000
Total - 2,857,707,039 - 1,000,000 150,000 - 2,858,857,039
Philippines
GOVERNMENT REPORTS
(IN USD)
Production
Entitlement Taxes
Royalties Bonuses Fees Infrastructure Improvements Total
BUREAU OF INTERNAL
REVENUE
- 131,112,519 - - - - 131,112,519
DEPARTMENT OF ENERGY 512,522,213 - - - - - 512,522,213
PNOC EXPLORATION
CORPORATION
95,171,567 - - - - - 95,171,567
Total 607,693,780 131,112,519 - - - - 738,806,299
PROJECT REPORTS (IN
USD)
Production
Entitlement Taxes
Royalties Bonuses Fees Infrastructure
Improvements Total
PROJECTS
SC 38 MALAMPAYA GAS
607,693,780 131,112,519 - - - - 738,806,299
Total 607,693,780 131,112,519 - - - - 738,806,299
Qatar
GOVERNMENT
REPORTS (IN USD)
Production Royalties Bonuses Fees Infrastructure
GOVERNMENTS Entitlement Taxes Improvements Total
QATAR PETROLEUM 493,208,027 681,694,760 -
RAS LAFFAN
5,000,000 - - 1,179,902,787
INDUSTRIAL CITY - - - - 19,654,096 - 19,654,096
Total 493,208,027 681,694,760 - 5,000,000 19,654,096 - 1,199,556,883
PROJECT REPORTS
(IN USD)
Production Entitlement Taxes Royalties Bonuses Fees Infrastructure
Improvements Total
PROJECTS
PEARL GTL
493,208,027 681,694,760 - 5,000,000 19,654,096 - 1,199,556,883
Total 493,208,027 681,694,760 - 5,000,000 19,654,096 - 1,199,556,883
THAILAND
GOVERNMENT REPORTS
(IN USD)
GOVERNMENTS Production
Entitlement Taxes
Royalties Bonuses Fees Infrastructure
Improvements Total
REVENUE DEPARTMENT - -1,230,179 - - - - -1,230,179
Total - -1,230,179 - - - - -1,230,179
PROJECT REPORTS (IN
USD)
Production Infrastructure
Entitlement Taxes Royalties Bonuses Fees Improvements Total
PROJECTS
THAI ENERGY COMPANY
LIMITED
- 16,102 - - - - 16,102
SHELL INTEGRATED GAS
THAILAND
PTE. LIMITED - THAILAND
BRANCH
- -1,246,281 - - - - -1,246,281
Total - -1,230,179 - - - - -1,230,179
USD)
Production Entitlement Taxes Royalties Bonuses Fees Infrastructure
Improvements Total
GOVERNMENTS
AUSTRALIAN
TAXATION OFFICE - 1,265,077 - - - - 1,265,077
BANANA SHIRE
COUNCIL
- - - - 121,255 - 121,255
DEPARTMENT OF
INDUSTRY
- - 123,155,669 - - - 123,155,669
DEPARTMENT OF
ENVIRONMENT AND
SCIENCE
- - - - 937,554 - 937,554
WESTERN DOWNS
REGIONAL COUNCIL
- - - - 10,851,637 1,756,836 12,608,473
OFFICE OF STATE
REVENUE
- - 35,797,880 - - - 35,797,880
DEPARTMENT OF
NATURAL
RESOURCES AND
MINES
- - - - 1,825,831 - 1,825,831
Total - 1,265,077 158,953,548 - 13,736,277 1,756,836 175,711,738
PROJECT REPORTS
(IN USD)
Production Entitlement Taxes Royalties Bonuses Fees Infrastructure
Improvements Total
PROJECTS
NORTH WEST SHELF -
- 123,155,669 - - -
QGC PROJECT - - 35,797,880 - 13,736,277 1,756,836 123,155,669
51,290,992
ENTITY LEVEL
PAYMENT
SHELL AUSTRALIA
- 1,265,077 - - - - 1,265,077
PTY LTD
Total
- 1,265,077 158,953,548 - 13,736,277 1,756,836 175,711,738
Egypt
GOVERNMENT REPORTS (IN
USD)
GOVERNMENTS
Production
Entitlement Taxes
Royalties Bonuses Fees Infrastructure Improvements Total
EGYPTIAN GENERAL
PETROLEUM CORPORATION -
93,294,881 - 61,000,000 - - 154,294,881
Total - 93,294,881 - 61,000,000 - - 154,294,881
PROJECT REPORTS (IN USD) Production
Entitlement Taxes
Royalties Bonuses Fees Infrastructure Improvements Total
PROJECTS
BADR EL-DIN (BED)
NORTH EAST ABU GHARADIG
- 38,601,220 - 10,000,000 - - 48,601,220
(NEAG) - 15,165,740 - - -
-
15,165,740
OBAIYED - 36,537,700 - - -
-
36,537,700
EGYPT OFFSHORE
EXPLORATION
- 1,313,911 - - -
-
1,313,911
ENTITY LEVEL PAYMENT
SHELL EGYPT N.V. - 1,676,310 - - -
-
1,676,310
SOUTH ABU SENNAN
SOUTH EAST HORUS
-
-
-
-
-
-
27,000,000 -
23,000,000 -
-
-
27,000,000
23,000,000
WEST EL FAYOUM
- - - 1,000,000 - - 1,000,000

Gabon

Improvements Total
Taxes
Royalties
Bonuses
Fees
Entitlement
GOVERNMENTS
TRESOR PUBLIC DU GABON -
-
-
-
119,693
-
119,693
Total
-
-
-
-
-
119,693
119,693
PROJECT REPORTS (IN USD)
Production
Infrastructure
Improvements Total
Bonuses
Fees
Taxes
Royalties
Entitlement
PROJECTS
GABON EXPLORATION
-
-
-
-
-
119,693
119,693
Total
-
-
-
-
-
119,693
119,693
Nigeria
GOVERNMENT REPORTS (IN
USD)
Production
Infrastructure
Improvements Total
Taxes
Royalties
Bonuses Fees
Entitlement
GOVERNMENTS
NIGER DELTA
DEVELOPMENT
-
-
-
-
136,637,172 -
136,637,172
COMMISSION
NIGERIAN
NATIONAL
3,983,413,143
-
-
-
-
-
3,983,413,143
PETROLEUM
[A]
CORPORATION
DEPARTMENT OF
446,362,409
PETROLEUM
-
-
-
239,175
-
446,601,584
[B]
RESOURCES
FEDERAL INLAND
1,062,965,746
-
-
-
-
-
1,062,965,746
REVENUE
[C]
SERVICE
Total
3,983,413,143 1,062,965,746 446,362,409 -
136,876,347 -
5,629,617,645
PROJECT REPORTS (IN USD)
Production
Infrastructure
Improvements Total
Taxes
Royalties
Bonuses Fees
Entitlement
PROJECTS
283,760,464
PSC 1993
-
-
-
-
-
283,760,464
[D]
(OML133)
PSC 1993
717,045,638
386,718,785
115,377,249
(OPL212/OML118,
-
32,897,635 -
1,252,039,308
[E]
[F]
[G]
OPL219/OML135)
1,283,663,582
WEST ASSET
-
-
-
-
-
1,283,663,582
[H]
1,982,703,922
CENTRAL EAST
-
-
-
-
-
1,982,703,922
[I]
ASSET
ENTITY LEVEL
PAYMENT
THE SHELL
PETROLEUM
DEVELOPMENT
-
330,985,160 -
103,978,712 -
392,486,496
827,450,368
COMPANY OF
NIGERIA LIMITED
3,983,413,143 1,062,965,746 446,362,409 -
136,876,347 -
5,629,617,645
GOVERNMENT REPORTS (IN USD)
Production Infrastructure
Total

[B] Includes payment in kind of \$115,377,249 for 1,707 KBOE valued at market price.

[C] Includes payment in kind of \$670,479,249 for 10,219 KBOE valued at market price.

[D] Includes payment in kind of \$283,760,464 for 4,280 KBOE valued at market price.

[E] Includes payment in kind of \$717,045,638 for 10,845 KBOE valued at market price.

[F] Includes payment in kind of \$386,718,785 for 5,939 KBOE valued at market price.

[G] Includes payment in kind of \$115,377,249 for 1,707 KBOE valued at market price.

[H] Includes payment in kind of \$1,283,663,582 for 19,680 KBOE valued at market price.

[I] Includes payment in kind of \$1,982,703,922 for 83,089 KBOE valued at market price.

Somalia

GOVERNMENT REPORTS (IN USD)

Royalties Bonuses Fees Infrastructure
- - - - 1,708,000 - 1,708,000
- - - - 1,708,000 - 1,708,000
Royalties Bonuses Fees
- - - - 1,708,000 - 1,708,000
- - - - 1,708,000 - 1,708,000
Royalties Infrastructure
Improvements
Total
- - [A] - - - 8,115,889
- - -
- - -
Royalties Infrastructure
Improvements
Total
- 63,797,751 [B] - - - 77,772,210
- 54,297,577 [C] - - - 81,355,354
- -
MINISTRY OF PETROLEUM
AND MINERAL RESOURCES
PROJECT REPORTS (IN USD)
ENTITY LEVEL PAYMENT
SOMALIA EXPLORATION
GOVERNMENT REPORTS (IN
PROJECT REPORTS
Production
Entitlement Taxes
Production
Entitlement Taxes
-
Production
Entitlement
Production
Entitlement
Taxes
Taxes
8,115,889
118,095,328 32,916,348 -
118,095,328 41,032,237 -
13,974,460
27,057,777
118,095,328 41,032,237 -
Bonuses Fees
Bonuses Fees
Improvements Total
Infrastructure
Improvements Total
151,011,676
159,127,565
159,127,565

[A] Includes payment in kind of \$8,115,889 for 167 KBOE valued at market price.

[B] Includes payment in kind of \$3,968,090 for 92 KBOE valued at market price.

[C] Includes payment in kind of \$4,147,799 for 75 KBOE valued at market price.

Production
Entitlement Taxes
Royalties Bonuses Fees Infrastructure
Improvements Total
GOVERNMENTS
GOVERNMENT OF
ALBERTA
- - 54,673,001 - - - 54,673,001
MUNICIPAL
DISTRICT
OF GREENVIEW
- - - - 726,651 - 726,651
PROVINCIAL
TREASURER
OF ALBERTA
- -1,424,099 - - 4,661,983 - 3,237,884
RECEIVER
GENERAL
FOR CANADA
- 493,805 -15,254,458 - 113,942 - -14,646,710
MINISTRY OF
EMPLOYMENT
AND INVESTMENT
- - - - 711,016 - 711,016
MINISTER OF
FINANCE (BC)
- - 1,977,528 - 578,690 - 2,556,218
ALBERTA
PETROLEUM
MARKETING
COMMISSION
- - 625,588[A] - - - 625,588
THE TOWN OF FOX
CREEK
- - - - 170,822 - 170,822
Total - -930,294 42,021,659 - 6,963,104 - 48,054,469
PROJECT REPORTS (IN USD) Production
Entitlement Taxes
Royalties Bonuses Fees Infrastructure
Improvements Total
PROJECTS
ATHABASCA OIL
SANDS
- 919,943 33,076,475 - 666,579 - 34,662,997
FOOTHILLS - - 5,387,236 - 493,286 - 5,880,522
GREATER DEEP
BASIN
- - 18,789,552
[B]
- 4,142,709 - 22,932,262
GROUNDBIRCH - - 1,977,528 - 1,289,706 - 3,267,234
INSITU - - 326,892 - - - 326,892
SABLE
DEEPWATER
- - -17,536,025 - - - -17,536,025
ENTITY LEVEL
PAYMENT
SHELL CANADA
ENERGY
- - - - 370,824 - 370,824
BR OIL SANDS
CORPORATION
- -1,850,237 - - - - -1,850,237
Total - -930,294 42,021,659 - 6,963,104 -
[A] Includes payment in kind of \$85,711 for 2 KBOE valued at government selling price.
[B] Includes payment in kind of \$85,711 for 2 KBOE valued at government selling price.
Mexico
GOVERNMENT REPORTS (IN
USD)
48,054,469
GOVERNMENTS
SERVICIO DE
Production
Entitlement
Taxes Royalties Bonuses Fees Infrastructure
Improvements Total
USD) Production
Entitlement
Taxes Royalties Bonuses Fees Infrastructure
Improvements Total
GOVERNMENTS
SERVICIO DE
ADMINISTRACION
TRIBUTARIA
- - - - 21,731,834 - 21,731,834
FONDO MEXICANO
DEL PETROLEO
PARA
LA ESTABILIZACION
Y
EL DESARROLLO
- - - - 16,661,175 - 16,661,175
Total
-
- - - 38,393,009 - 38,393,009
PROJECT REPORTS (IN USD)
Production Taxes Royalties Bonuses Fees Infrastructure
Improvements Total
ENTITY LEVEL
PAYMENT
Entitlement
SHELL
EXPLORACIÓN
Y EXTRACCIÓN DE
-
- - - 38,393,009 - 38,393,009
MÉXICO, S.A. DE
C.V.
Total
-
- - - 38,393,009 - 38,393,009
United States
GOVERNMENT
REPORTS (IN USD)
Production
Entitlement Taxes
Royalties Bonuses Fees Infrastructure
Improvements Total
GOVERNMENTS
COMMONWEALTH OF
PENNSYLVANIA
- - 142,399 - 7,971,533 - 8,113,932
INTERNAL REVENUE
SERVICE
- 160,429,577 - - - - 160,429,577
OFFICE OF NATURAL
RESOURCES REVENUE -
- 845,227,896 - 104,230,525 - 949,458,421
STATE OF LOUISIANA - 2,078,187 - - - - 2,078,187
STATE OF TEXAS - 73,017,719 112,562,052 - 819,508 - 186,399,279
THE UNIVERSITY OF
TEXAS SYSTEM
- - - - 849,648 - 849,648
DIRECTOR, DIVISION
OF OIL AND GAS
- - - - 253,920 - 253,920
PENNSYLVANIA
DEPARTMENT OF
REVENUE
- 277,465 - - - - 277,465
TEXAS A&M
UNIVERSITY SYSTEM -
- 1,128,356 - - - 1,128,356
LA DEPTARTAMENT OF
NATURAL RESOURCES -
- 175,407 - - - 175,407
US ENVIRONMENTAL
PROTECTION AGENCY -
- - - 514,053 - 514,053
Total - 235,802,948 959,236,110 - 114,639,187 - 1,309,678,245
PROJECT REPORTS
(IN USD)
Production
Entitlement Taxes
Royalties Bonuses Fees Infrastructure
Improvements Total
PROJECTS
ALASKA EXPLORATION -
APPALACHIA
- -
-
-
142,399
-
-
253,920
7,971,533
-
-
253,920
8,113,932
GOM (CENTRAL) - - 652,692,548 - - - 652,692,548
GOM (WEST) - - 192,535,348 - - - 192,535,348
GOM EXPLORATION - - - - 104,230,525 - 104,230,525
PERMIAN - 73,017,719 113,690,408 - 1,669,156 - 188,377,283
ENTITY LEVEL
PAYMENT
SWEPI LP - 1,518,187 175,407 - - - 1,693,594
SHELL OIL COMPANY - -5,692,958 - - - - -5,692,958
SHELL PETROLEUM
INC.
- 166,400,000 - - - - 166,400,000
SHELL EXPLORATION
& PRODUCTION
COMPANY
- 560,000 - - 514,053 - 1,074,053
Total - 235,802,948 959,236,110 - 114,639,187 - 1,309,678,245

Argentina

GOVERNMENT REPORTS (IN USD)
Production Taxes Royalties Bonuses Fees Infrastructure
Improvements Total
GOVERNMENTS Entitlement
GAS Y PETROLEO
DEL NEUQUEN S.A. - - - - 189,180 - 189,180
PROVINCIA DE SALTA - - 4,877,340 - - - 4,877,340
PROVINCIA DEL NEUQUEN - - 14,243,858 - 187,085 - 14,430,943
Total - - 19,121,199 - 376,265 - 19,497,464
PROJECT REPORTS (IN USD)
Production
Entitlement
Taxes Royalties Bonuses Fees Infrastructure
Improvements Total
PROJECTS
ACAMBUCO - - 4,877,340 - - - 4,877,340
ARGENTINA - 14,243,858 - 376,265 - 14,620,123
UNCONVENTIONAL PROJECTS -
Total - - 19,121,199 - 376,265 - 19,497,464
Bolivia
GOVERNMENT REPORTS (IN USD)
Production Taxes Royalties Bonuses Fees Infrastructure
Entitlement Improvements Total
GOVERNMENTS
NATIONAL OIL COMPANY
OF BOLIVIA
- - - - 1,326,933 - 1,326,933
Total - - - - 1,326,933 - 1,326,933
PROJECT REPORTS (IN USD)
Production Taxes Royalties Bonuses Fees Infrastructure
Improvements Total
Entitlement
PROJECTS
HUACARETA
LA VERTIENTE -
-
-
-
-
-
-
-
745,037 -
-
745,037
581,896 581,896
Total - - - - 1,326,933 - 1,326,933
Brazil
GOVERNMENT REPORTS (IN USD)
Production
Entitlement
Taxes Royalties Bonuses Fees Infrastructure
Improvements Total
GOVERNMENTS
MINISTERIO DA FAZENDA - - 766,952,516 - 1,558,685,330 - 2,325,637,846
PRÉ-SAL PETRÓLEO SA 19,719,197[A] - - - - - 19,719,197
AGENCIA NACIONAL DO
PETROLEO GAS NATURAL E - - - 122,834,875 127,428 - 122,962,303
BIOCOMBUSTIVEIS
RIO DE JANEIRO PREFEITURA - - - - 117,113 - 117,113
Total 19,719,197 - 766,952,516 122,834,875 - 2,468,436,459
1,558,929,871
PROJECT REPORTS (IN USD)
Production Infrastructure
Entitlement Taxes Royalties Bonuses Fees Improvements Total
PROJECTS
BASIN EXPLORATION - - - 122,834,875 393,602 - 123,228,477
PROJECTS
BC-10 - - 32,896,189 - 1,090,636 - 33,986,825
BIJUPIRA & SALEMA - - 11,026,703 - 384,941 - 11,411,644

BM-S-9, BM-S-9A, BM-S-11, BM-

S-11A AND ENTORNO DE
SAPINHOA
- - 701,357,508 - 1,555,985,446 - 2,257,342,954
BARREIRINHAS - - - - 958,133 - 958,133
LIBRA PSC 19,719,197[B] - 21,672,116 - - - 41,391,313
ENTITY LEVEL PAYMENT
SHELL BRASIL PETROLEO
LTDA
- - - - 117,113 - 117,113
Total 19,719,197 - 766,952,516 122,834,875 1,558,929,871 - 2,468,436,459
[A] Includes payments in kind of \$19,719,197 for 330 KBOE valued at Market price.
[B] Includes payments in kind of \$19,719,197 for 330 KBOE valued at Market price.
Trinidad and Tobago
GOVERNMENT REPORTS (IN USD)
Production
Entitlement
Taxes Royalties Bonuses Fees Infrastructure
Improvements Total
GOVERNMENTS
BOARD OF INLAND REVENUE -
4,593,694 - - - - 4,593,694
PERMANENT SECRETARY
MINISTRY OF ENERGY
76,970,053 7,560,430 3,934,073 85,000,000 11,157,097 - 184,621,652
Total 76,970,053 12,154,124 3,934,073 85,000,000 11,157,097 - 189,215,347
PROJECT REPORTS (IN USD)
Production
Entitlement
Taxes Royalties Bonuses Fees Infrastructure
Improvements Total
PROJECTS
BLOCK 5C, 5D AND 6D
BLOCK 6B
- - - 5,000,000 2,508,917 - 7,508,917
CENTRAL BLOCK 21,265,486
-
516,558
4,710,494
-
3,934,073
40,000,000
-
1,612,356
673,171
-
-
63,394,400
9,317,738
NORTH COAST MARINE AREA
1 (NCMA1)
55,704,567 6,927,072 - 40,000,000 1,695,241 - 104,326,880
ENTITY LEVEL PAYMENT
BG INTERNATIONAL LIMITED
- TRINIDAD AND TOBAGO
BRANCH
- - - - 4,667,412 - 4,667,412
Total 76,970,053 12,154,124 3,934,073 85,000,000 11,157,097 - 189,215,347

CAUTIONARY NOTE

The companies in which Royal Dutch Shell plc directly and indirectly owns investments are separate legal entities. In this Report "Shell", "Shell group" and "Royal Dutch Shell" are sometimes used for convenience where references are made to Royal Dutch Shell plc and its subsidiaries in general. Likewise, the words "we", "us" and "our" are also used to refer to subsidiaries in general or to those who work for them. These expressions are also used where no useful purpose is served by identifying the particular company or companies. "Subsidiaries ", "Shell subsidiaries", and "Shell companies" as used in this Report refer to companies over which Royal Dutch Shell plc either directly or indirectly has control. Entities and unincorporated arrangements over which Shell has joint control are generally referred to as "joint ventures" and "joint operations" respectively. Entities over which Shell has significant influence but neither control nor joint control are referred to as "associates". The term "Shell interest" is used for convenience to indicate the direct and/or indirect ownership interest held by Shell in a venture, partnership or company, after exclusion of all third-party interest.