Research and analysis

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

Updated 19 October 2018
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Extractive Industries Payments to/refunds from UK Government in 2016 (in £ million)
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Type of payee: Oil & Gas Other Mining & Quarrying All All All All All
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Recipient: All All OGA HMRC TCE CA All
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Total reported by government agencies -455.07 59.99 83.37 -503.75 24.85 0.44 -395.08
Total reported by government agencies for out-of-scope extractive companies* 9.16 4.99 9.02 4.58 0.11 0.44 14.15
Total reported by government agencies for in-scope extractive companies -464.23 54.99 74.34 -508.33 24.75 0 -409.24
Total reported by in-scope extractive companies -464.22 55 74.34 -508.32 24.76 0 -409.22
Net unreconciled difference** -0.01 -0.01 0 -0.01 -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
** 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