Transparency over payments

Payments made by Eni to governments of Producing Countries that subscribe to the Extractive Industries Transparency Initiative (EITI)

Countries

Year (a)

Local currency

Amounts in local currency (thousands)

Amounts in US$ (thousands)

Total amount in US$ (thousands)

(a)

Last local financial year in which the data is referenced and in which the EITI disclosures has been made.

(b)

Corporate tax-other tax on income/profit or production e.g. petroleum revenue tax.

(c)

Signature, discovery and production bonus.

(d)

On Licence, rental and any consideration for licence and or concessions.

(e)

In addition to the amount shown in the table, some of the transfers made by Eni in Congo are “in kind” for a total of 11,171 kboe, which refers to the profit share in oil and the royalties pertaining to the Republic of the Congo, net of the barrels conferred to Eni by the Republic of the Congo on the basis of commercial agreements.

Norway

2012

NOK

9,264,035

-

1,592,273

Profit Taxes (b)

 

 

9,212,315

 

1,583,384

Fees (c)

 

 

51,720

 

8,889

Democratic Republic of Congo

2011

CDF

40,461

 

44

Profit Taxes (b)

 

 

40,461

 

44

Trinidad & Tobago

2011

TT$

81,069

 

12,711

Profit Taxes (b)

 

 

81,069

 

12,711

Indonesia

2009

 

-

29,520

29,520

Profit Taxes (b)

 

 

 

29,520

29,520

Nigeria

2011

 

-

1,650,573

1,650,573

Profit Taxes (b)

 

 

 

1,073,957

1,073,957

Royalties

 

 

 

488,050

488,050

Fees (c)

 

 

 

305

305

Other significant benefits to government agreed by MSWG

 

 

 

88,261

88,261

East Timor

2011

 

-

401,269

401,269

Host government’s production entitlement (eg Profit oil)

 

 

 

205,826

205,826

Profit Taxes (b)

 

 

 

169,821

169,821

Royalties

 

 

 

2,757

2,757

Fees (c)

 

 

 

410

410

Other significant benefits to government agreed by MSWG

 

 

 

22,455

22,455

Kazakhstan

2011

KZT

9,432,211

1,194,496

1,258,823

Host government’s production entitlement (eg Profit oil)

 

 

 

417,705

417,705

Profit Taxes (b)

 

 

953,183

723,850

730,351

Bonuses (d)

 

 

 

52,941

52,941

Other significant benefits to government agreed by MSWG

 

 

8,479,028

 

57,826

Republic of Congo (e)

2012

 

 

100,523

100,523

State-owned company production entitlement

 

 

 

41,034

41,034

Profit Taxes (b)

 

 

 

16,851

16,851

Fees (c)

 

 

 

1,354

1,354

Bonuses (d)

 

 

 

15,000

15,000

Other significant benefits to government agreed by MSWG

 

 

 

26,284

26,284

Mozambique

2011

MZN

110,029

1,100

5,142

Profit Taxes (b)

 

 

110,029

 

4,042

Other significant benefits to government agreed by MSWG

 

 

 

1,100

1,100

Iraq

2010

 

 

43,750

43,750

Bonuses (d)

 

 

 

43,750

43,750

Togo

2011

XOF

1,107,796

500

2,851

Profit Taxes (b)

 

 

1,107,796

 

2,351

Other significant benefits to government agreed by MSWG

 

 

 

500

500

Gabon

2010

 

-

25

25

Fees (c)

 

 

 

25

25

In 2013, Eni continued to participate in reconciliation and publication of payments made to producer Countries adhering to the Extractive Industries Transparency Initiative (EITI).

The table below shows the data on payments made by Eni and included in the latest EITI Report published in the respective Countries.

For Iraq, the 2011 EITI Report also includes purchases of crude oil made by Eni Trading and Shipping. For these purchases, Eni Trading and Shipping paid an amount equal to 1,306,390,867 USD in 2011.

Eni also takes an active part in the local multi-stakeholder EITI working groups, either directly or through participation in trade associations.

Again in 2013 Eni contributed financially to the functioning of the EITI Secretariat.

Royalties paid by Eni in Italy in the 2011-2013 period

(€ thousand)

2011

2012

2013

(a)

The data include Eni SpA (E&P Division), Enimed, Società Adriatica Idrocarburi and Società Ionica Gas.

Royalties paid (a)

203,886

237,517

298,383

- of which to State

97,682

96,948

138,302

- of which to Regions

83,730

109,949

125,596

- of which to Basilicata

53,516

77,255

91,862

- of which to Municipalities

22,474

30,619

34,486