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Last updated: 29 May 2012
This table does not include the Ghanaian Government/State Oil Company's share in production derived directly under the Deepwater Tano and West Cape Three Points Petroleum Agreements.
This table represents payments or payments in kind made by Tullow to the Government of Ghana and the Ghanaian State Oil Company (GNPC) in 2011. It does not include payments made by Tullow's joint venture partners.
|Net Tullow costs USD1
(unless otherwise shown)
|Type of Payment||Note||National Government||Local Government||Total|
|Royalties||2||428,353 Barrels of Oil||-||428,353 Barrels of Oil|
|Value of State/State Oil Company Production||3||-||-||-|
|Licence Payments, Fees or Rental (other than routine, nominal administrative fees)||5||$55,702||-||$55,702|
|Profits/Dividends Paid to Government||-||-||-|
|Other fiscal benefits to Government||-||-||-|
|TOTAL||$223,949||-||$223,949 USD plus 428,353 Barrels of Oil|