The report, which details payments in 31 countries, 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. This is the second report issued by Shell under such Regulations.
Payments to governments made by Shell are included in the report. Payments made by entities over which Shell has joint control are excluded from the report.
Commenting on the report, Shell’s Chief Financial Officer, Jessica Uhl said: “Shell believes that transparency is an essential tool in building trust in tax systems. Society expects clarity on the revenues that extractive industries pay to governments and at the same time expects governments to be open about the revenues they receive and how they use these funds.”
In fulfilling the UK regulatory requirements, Shell’s 2016 payments to government report covers payments in relation to upstream activities made to governments in Argentina, Australia, Bolivia, Brazil, Brunei Darussalam, Bulgaria, Canada, China, Denmark, Egypt, Gabon, Germany, Greenland, India, Iraq, Ireland, Italy, Kazakhstan, Malaysia, New Zealand, Nigeria, Norway, Oman, Philippines, Qatar, Tanzania, Thailand, Trinidad and Tobago, Tunisia, United Kingdom and USA.
To read details of Shell’s payments to governments, go to www.shell.com/payments
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Notes to editors
Royal Dutch Shell plc
Royal Dutch Shell plc is incorporated in England and Wales, has its headquarters in The Hague and is listed on the London, Amsterdam, and New York stock exchanges. Shell companies have operations in more than 70 countries and territories with businesses including oil and gas exploration and production; production and marketing of liquefied natural gas and gas to liquids; manufacturing, marketing and shipping of oil products and chemicals and renewable energy projects. For further information, visit www.shell.com.