Research and analysis

Full summary of Extractive Industries payments to/refunds from UK government in 2016 (updated October 2018)

Updated 19 October 2018
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Detailed Extractive Industries Payments to/refunds from UK Government in 2016 (in £ million)
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Payment stream: Petroleum Licence Fees OGA Levy PRT RFCT & SC Mainstream CT Payments to TCE Payments to TCE Payments to CA Total payments
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Type of payee: Oil & Gas Oil & Gas Oil & Gas Oil & Gas Other Mining & Quarrying Oil & Gas Other Mining & Quarrying Other Mining & Quarrying All
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Recipient: OGA OGA HMRC HMRC HMRC TCE TCE CA All
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Total reported by government agencies 62.1 21.27 -782.29 241.32 37.22 2.53 22.32 0.44 -395.08
Total reported by government agencies for out-of-scope extractive companies* 7.75 1.27 0 0.13 4.44 0 0.11 0.44 14.15
Total reported by government agencies for in-scope extractive companies 54.35 19.99 -782.29 241.19 32.78 2.53 22.21 0 -409.24
Total reported by in-scope extractive companies 54.35 19.99 -782.29 241.2 32.78 2.53 22.22 0 -409.22
Net unreconciled difference** 0 0 0 -0.01 0 0 -0.01 0 -0.02
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* Out-of-scope companies comprise those out of scope of the reconciliation because their payments were below the agreed materiality thresholds and those with material payments that declined to participate in the reconciliation process. Not set Not set Not set Not set Not set Not set Not set Not set Not set
** All net unreconciled differences are below the materiality deviation agreed by the MSG. Not set Not set Not set Not set Not set Not set Not set Not set Not set