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UK Extractive Industries Transparency Initiative (EITI)
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Download this fileAs explained in the Approach and Methodology Chapter for 2017, reconciliation of 2017 payments to the Oil and Gas Authority (OGA) was targeted. | |||
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Only companies with material payments to HMRC, TCE or CES had their payments to the OGA reconciled, with unilateral reporting of receipts by the OGA for the remaining companies. | |||
This meant that some companies with total payments of OGA Levy in 2017 greater than the £86,000 materiality threshold fell out of scope of the reconciliation process. |