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UK Extractive Industries Transparency Initiative (EITI)
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Download this filePayments of petroleum licence fees in 2015 as reported by the Oil and Gas Authority (in £) | |||
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As explained in the EITI Report for 2015, reconciliation of 2015 payments to the Oil and Gas Authority (OGA) was targeted. | Not set | Not set | Not set |
Only companies comprising the top 80% of payments to the OGA (for petroleum licences and the OGA Levy), or with material payments to HMRC or The Crown Estate, had their payments to the OGA reconciled, with unilateral reporting of receipts by the OGA for the remaining companies. | Not set | Not set | Not set |
This meant that some companies with total payments of petroleum licence fees in 2015 greater than the £86,000 materiality threshold fell out of scope of the reconciliation process. | Not set | Not set | Not set |