TIDMKOS
RNS Number : 8820C
Kosmos Energy Limited
24 June 2021
Kosmos Energy Ltd
Report on payments to government
for the year 2020
Introduction
Kosmos Energy Ltd. has prepared the following consolidated report in respect of payments made to governments for
the year
ended 31 December 2020 in accordance with the Reports on Payments to Governments Regulations 2014 (2014/3209) as
amended by
the Reports on Payments to Governments (Amendment) Regulations 2015 (2015/1928) and DTR 4.3A of the Financial
Conduct Authority's
Disclosure and Transparency Rules.
Payments to Governments (USD (1)
Sao Tome &
Principe
Cote Equatorial Ghana Mauritania Senegal Suriname United States
d'Ivoire Guinea
------------------ -------------- ------------- ---------------------- ---------- ----------------------- ---------------------- ----------------------
Production
Entitlements
(bbls) (2) - 583,000 - - - - - -
------------------ -------------- ------------- ---------------------- ---------- ----------------------- ---------------------- ----------------------
Estimated $ - $ 24,130,000 $ - $ - $ - $ - $ - $ -
Production
Entitlements
($s) (2)
------------------ -------------- ------------- ---------------------- ---------- ----------------------- ---------------------- ----------------------
Income Taxes (3) $ - $ 78,772,000 $ 37,600,000 $ - $ - $ - $ - $ 19,000
------------------ -------------- ------------- ---------------------- ---------- ----------------------- ---------------------- ----------------------
Royalties (bbls)
(2) - 574,000 518,000 - - - - 952,000
------------------ -------------- ------------- ---------------------- ---------- ----------------------- ---------------------- ----------------------
Estimated
Royalties ($s)
(2) $ - $ 23,758,000 $ 21,440,000 $ - $ - $ - $ - $ 36,826,000
------------------ -------------- ------------- ---------------------- ---------- ----------------------- ---------------------- ----------------------
Dividends $ - $ - $ - $ - $ - $ - $ - $ -
------------------ -------------- ------------- ---------------------- ---------- ----------------------- ---------------------- ----------------------
Bonuses $ - $ - $ - $ - $ - $ - $ - $ 125,000
------------------ -------------- ------------- ---------------------- ---------- ----------------------- ---------------------- ----------------------
License Fees
(Surface Rentals,
Permitting
Fees, etc) $ - $ - $ 26,000 $ - $ - $ - $ - $ 2,125,000
------------------ -------------- ------------- ---------------------- ---------- ----------------------- ---------------------- ----------------------
Infrastructure $ - $ - $ - $ - $ - $ - $ - $ -
Improvement
------------------ -------------- ------------- ---------------------- ---------- ----------------------- ---------------------- ----------------------
Envt, Capacity $ 750,000 $ - $ - $ - $ - $ - $ - $ -
Building & Social
Projects
(4)
------------------ -------------- ------------- ---------------------- ---------- ----------------------- ---------------------- ----------------------
Training (4) $ 750,000 $ 500,000 $ - $ - $ 80,000 $ - $ - $ -
------------------ -------------- ------------- ---------------------- ---------- ----------------------- ---------------------- ----------------------
Taxes (Non-Income)
(5) $ 319,000 $ 210,000 $ 6,686,000 $ 467,000 $ 122,000 $ 237,000 $ 477,000 $ 4,146,000
------------------ -------------- ------------- ---------------------- ---------- ----------------------- ---------------------- ----------------------
Other (6) $ 13,000 $ - $ - $ - $ 400,000 $ - $ - $ -
================== ================== ============== ============= ====================== ========== ======================= ====================== ======================
Total $ 1,832,000 $ 127,370,000 $ 65,752,000 $ 467,000 $ 602,000 $ 237,000 $ 477,000 $ 43,241,000
================== ================== ============== ============= ====================== ========== ======================= ====================== ======================
FOOTNOTES
The Payments to Government data are reflective of direct payments made to government entities by Kosmos Energy. These
payments are categorized consistent with the Report on Payments to Governments Regulations 2014 (as amended in
December
2015). These regulations enact domestic rules in line with Directive 2013/34/EU (the EU Accounting Directive (2013).
Please
see the footnotes below for further detail on the payments we made to our host country governments in 2020.
(1) Our summary, project-level and receiving-entity level payments to government disclosures are also available on our
website at www.kosmosenergy.com/transparency
(2) Royalties are paid to the Government of Ghana and the Republic of Equatorial Guinea in barrels of oil out of
Kosmos
Energy's working interest share of production. Production entitlements are paid to the Republic of Equatorial Guinea
in
barrels of oil based on their participating interest. The production entitlement amounts presented represent Kosmos
Energy's
participating share received by the Republic of Equatorial Guinea. The value of the royalties and production
entitlements
disclosed above are based on the annual average of daily Brent prices of $41.39 during 2020. United States amounts
above
are determined based on actual sales prices.
(3) Exclusive of any income tax refunds received
(4) Represents payments made directly to government for satisfaction of obligations per the Petroleum Agreements
and/or
Petroleum Sharing Contracts (PSCs), as applicable. In addition to the numbers above, Kosmos made payments to third
party
training providers and/or national oil company employees in accordance with training obligations per the PSCs totaling
$466,000 in Equatorial Guinea and $2,000 in Sao Tome and Principe.
(5) Primarily withholding taxes on interest payments, employer paid payroll-related taxes, and property taxes paid on
pipe and tangible goods inventory stored at various onshore locations in the United States. These values are exclusive
of withholding taxes remitted on behalf of service providers.
(6) Primarily relates to transactional transfer fees.
Payments to Governments
Receiving Entity - Level Disclosures (1)
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
License Fees Environment,
(Surface Rentals, Capacity Building
Permitting & Social Projects
Fees,
Estimated etc) (4)
Production
Entitlements
($s) (2)
Production Estimated Taxes (Non-
Entitlements Royalties Income)
(bbls) (2) ($s) (2)
Income Taxes Royalties Infrastructure (5)
(3) (bbls) (2) Improvement
Dividends
Bonuses Training (4) Other (6) TOTAL
--------------- ---------------- ---------------- --------------- ----------------- ---------------- ---------- ------------------- -------------------- ----------------- -------------------- ----------------- --------------- ---------------- --------------
CDI Block
CI-526 - - - - - - - - - 150,000 150,000 63,800 2,600 $ 366,400
--------------- ---------------- ---------------- --------------- ----------------- ---------------- ---------- ------------------- -------------------- ----------------- -------------------- ----------------- --------------- ---------------- --------------
CDI Block
CI-602 - - - - - - - - - 150,000 150,000 63,800 2,600 $ 366,400
--------------- ---------------- ---------------- --------------- ----------------- ---------------- ---------- ------------------- -------------------- ----------------- -------------------- ----------------- --------------- ---------------- --------------
CDI Block
CI-603 - - - - - - - - - 150,000 150,000 63,800 2,600 $ 366,400
--------------- ---------------- ---------------- --------------- ----------------- ---------------- ---------- ------------------- -------------------- ----------------- -------------------- ----------------- --------------- ---------------- --------------
CDI Block
CI-707 - - - - - - - - - 150,000 150,000 63,800 2,600 $ 366,400
--------------- ---------------- ---------------- --------------- ----------------- ---------------- ---------- ------------------- -------------------- ----------------- -------------------- ----------------- --------------- ---------------- --------------
CDI Block
CI-708 - - - - - - - - - 150,000 150,000 63,800 2,600 $ 366,400
--------------- ---------------- ---------------- --------------- ----------------- ---------------- ---------- ------------------- -------------------- ----------------- -------------------- ----------------- --------------- ---------------- --------------
Total Cote
d'Ivoire - $ - $ - - $ - $ - $ - $ - $ - $ 750,000 $ 750,000 $ 319,000 $ 13,000 $ 1,832,000
--------------- ---------------- ---------------- --------------- ----------------- ---------------- ---------- ------------------- -------------------- ----------------- -------------------- ----------------- --------------- ---------------- --------------
Ceiba Field 182,000 7,533,000 - 210,000 8,692,000 - - - - - - - - $ 16,225,000
--------------- ---------------- ---------------- --------------- ----------------- ---------------- ---------- ------------------- -------------------- ----------------- -------------------- ----------------- --------------- ---------------- --------------
Okume Complex
Field 401,000 16,597,000 - 364,000 15,066,000 - - - - - - - - $ 31,663,000
--------------- ---------------- ---------------- --------------- ----------------- ---------------- ---------- ------------------- -------------------- ----------------- -------------------- ----------------- --------------- ---------------- --------------
Equatorial
Guinea Block S - - - - - - - - - - 100,000 52,500 - $ 152,500
--------------- ---------------- ---------------- --------------- ----------------- ---------------- ---------- ------------------- -------------------- ----------------- -------------------- ----------------- --------------- ---------------- --------------
Equatorial
Guinea Block W - - - - - - - - - - 100,000 52,500 - $ 152,500
--------------- ---------------- ---------------- --------------- ----------------- ---------------- ---------- ------------------- -------------------- ----------------- -------------------- ----------------- --------------- ---------------- --------------
Equatorial
Guinea Block
21 - - - - - - - - - - 100,000 52,500 - $ 152,500
--------------- ---------------- ---------------- --------------- ----------------- ---------------- ---------- ------------------- -------------------- ----------------- -------------------- ----------------- --------------- ---------------- --------------
Equatorial
Guinea Block
24 - - - - - - - - - - 200,000 52,500 - $ 252,500
--------------- ---------------- ---------------- --------------- ----------------- ---------------- ---------- ------------------- -------------------- ----------------- -------------------- ----------------- --------------- ---------------- --------------
Company Level -
Kosmos
Equatorial
Guinea,
Inc. - - 78,771,000 - - - - - - - - - - $ 78,771,000
--------------- ---------------- ---------------- --------------- ----------------- ---------------- ---------- ------------------- -------------------- ----------------- -------------------- ----------------- --------------- ---------------- --------------
Company Level -
Kosmos Energy
Equatorial
Guinea - - 1,000 - - - - - - - - - - $ 1,000
--------------- ---------------- ---------------- --------------- ----------------- ---------------- ---------- ------------------- -------------------- ----------------- -------------------- ----------------- --------------- ---------------- --------------
Total
Equatorial
Guinea 583,000 $ 24,130,000 $ 78,772,000 574,000 $ 23,758,000 $ - $ - $ - $ - $ - $ 500,000 $ 210,000 $ - $ 127,370,000
--------------- ---------------- ---------------- --------------- ----------------- ---------------- ---------- ------------------- -------------------- ----------------- -------------------- ----------------- --------------- ---------------- --------------
Jubilee - - - 367,000 15,190,000 - - - - - - - - $ 15,190,000
--------------- ---------------- ---------------- --------------- ----------------- ---------------- ---------- ------------------- -------------------- ----------------- -------------------- ----------------- --------------- ---------------- --------------
TEN - - - 151,000 6,250,000 - - - - - - - - $ 6,250,000
--------------- ---------------- ---------------- --------------- ----------------- ---------------- ---------- ------------------- -------------------- ----------------- -------------------- ----------------- --------------- ---------------- --------------
West Cape Three
Points - - - - - - - 13,000 - - - - - $ 13,000
--------------- ---------------- ---------------- --------------- ----------------- ---------------- ---------- ------------------- -------------------- ----------------- -------------------- ----------------- --------------- ---------------- --------------
Deepwater Tano - - - - - - - 13,000 - - - - - $ 13,000
--------------- ---------------- ---------------- --------------- ----------------- ---------------- ---------- ------------------- -------------------- ----------------- -------------------- ----------------- --------------- ---------------- --------------
Company Level - - 37,600,000 - - - - - - - - 6,686,000 - $ 44,286,000
--------------- ---------------- ---------------- --------------- ----------------- ---------------- ---------- ------------------- -------------------- ----------------- -------------------- ----------------- --------------- ---------------- --------------
Total Ghana - $ - $ 37,600,000 518,000 $ 21,440,000 $ - $ - $ 26,000 $ - $ - $ - $ 6,686,000 $ - $ 65,752,000
--------------- ---------------- ---------------- --------------- ----------------- ---------------- ---------- ------------------- -------------------- ----------------- -------------------- ----------------- --------------- ---------------- --------------
Company Level - - - - - - - - - - - 467,000 - $ 467,000
--------------- ---------------- ---------------- --------------- ----------------- ---------------- ---------- ------------------- -------------------- ----------------- -------------------- ----------------- --------------- ---------------- --------------
Total
Mauritania - $ - $ - - $ - $ - $ - $ - $ - $ - $ - $ 467,000 $ - $ 467,000
--------------- ---------------- ---------------- --------------- ----------------- ---------------- ---------- ------------------- -------------------- ----------------- -------------------- ----------------- --------------- ---------------- --------------
Sao Tome Block
6 - - - - - - - - - - - - 100,000 $ 100,000
--------------- ---------------- ---------------- --------------- ----------------- ---------------- ---------- ------------------- -------------------- ----------------- -------------------- ----------------- --------------- ---------------- --------------
Sao Tome Block
10 100,000 $ 100,000
--------------- ---------------- ---------------- --------------- ----------------- ---------------- ---------- ------------------- -------------------- ----------------- -------------------- ----------------- --------------- ---------------- --------------
Sao Tome Block
11 - - - - - - - - - - - - 100,000 $ 100,000
--------------- ---------------- ---------------- --------------- ----------------- ---------------- ---------- ------------------- -------------------- ----------------- -------------------- ----------------- --------------- ---------------- --------------
Sao Tome Block
12 - - - - - - - - - - 80,000 - - $ 80,000
--------------- ---------------- ---------------- --------------- ----------------- ---------------- ---------- ------------------- -------------------- ----------------- -------------------- ----------------- --------------- ---------------- --------------
Sao Tome Block
13 100,000 $ 100,000
--------------- ---------------- ---------------- --------------- ----------------- ---------------- ---------- ------------------- -------------------- ----------------- -------------------- ----------------- --------------- ---------------- --------------
Company Level - - - - - - - - - - - 122,000 - $ 122,000
--------------- ---------------- ---------------- --------------- ----------------- ---------------- ---------- ------------------- -------------------- ----------------- -------------------- ----------------- --------------- ---------------- --------------
Total Sao
Tome and
Principe - $ - $ - - $ - $ - $ - $ - $ - $ - $ 80,000 $ 122,000 $ 400,000 $ 602,000
--------------- ---------------- ---------------- --------------- ----------------- ---------------- ---------- ------------------- -------------------- ----------------- -------------------- ----------------- --------------- ---------------- --------------
Company Level - - - - - - - - - - - 237,000 - $ 237,000
--------------- ---------------- ---------------- --------------- ----------------- ---------------- ---------- ------------------- -------------------- ----------------- -------------------- ----------------- --------------- ---------------- --------------
Total
Senegal - $ - $ - - $ - $ - $ - $ - $ - $ - $ - $ 237,000 $ - $ 237,000
--------------- ---------------- ---------------- --------------- ----------------- ---------------- ---------- ------------------- -------------------- ----------------- -------------------- ----------------- --------------- ---------------- --------------
Suriname Block - - - - - - - - - - - - - $ -
42
--------------- ---------------- ---------------- --------------- ----------------- ---------------- ---------- ------------------- -------------------- ----------------- -------------------- ----------------- --------------- ---------------- --------------
Suriname Block - - - - - - - - - - - - - $ -
45
--------------- ---------------- ---------------- --------------- ----------------- ---------------- ---------- ------------------- -------------------- ----------------- -------------------- ----------------- --------------- ---------------- --------------
Company Level - - - - - - - - - - - 477,000 - $ 477,000
--------------- ---------------- ---------------- --------------- ----------------- ---------------- ---------- ------------------- -------------------- ----------------- -------------------- ----------------- --------------- ---------------- --------------
Total
Suriname - $ - $ - - $ - $ - $ - $ - $ - $ - $ - $ 477,000 $ - $ 477,000
--------------- ---------------- ---------------- --------------- ----------------- ---------------- ---------- ------------------- -------------------- ----------------- -------------------- ----------------- --------------- ---------------- --------------
Mississippi
Canyon - - - 448,000 19,018,000 - - 1,072,000 - - - - - $ 20,090,000
--------------- ---------------- ---------------- --------------- ----------------- ---------------- ---------- ------------------- -------------------- ----------------- -------------------- ----------------- --------------- ---------------- --------------
De Soto Canyon - - - - - - - 550,000 - - - - - $ 550,000
--------------- ---------------- ---------------- --------------- ----------------- ---------------- ---------- ------------------- -------------------- ----------------- -------------------- ----------------- --------------- ---------------- --------------
Garden Banks - - - 21,000 660,000 - - 66,000 - - - - - $ 726,000
--------------- ---------------- ---------------- --------------- ----------------- ---------------- ---------- ------------------- -------------------- ----------------- -------------------- ----------------- --------------- ---------------- --------------
Green Canyon - - - 483,000 17,148,000 - - 147,000 - - - - - $ 17,295,000
--------------- ---------------- ---------------- --------------- ----------------- ---------------- ---------- ------------------- -------------------- ----------------- -------------------- ----------------- --------------- ---------------- --------------
Keathley Canyon - - - - - - - 219,000 - - - - - $ 219,000
--------------- ---------------- ---------------- --------------- ----------------- ---------------- ---------- ------------------- -------------------- ----------------- -------------------- ----------------- --------------- ---------------- --------------
Walker Ridge - - - - - - 125,000 63,000 - - - - - $ 188,000
--------------- ---------------- ---------------- --------------- ----------------- ---------------- ---------- ------------------- -------------------- ----------------- -------------------- ----------------- --------------- ---------------- --------------
Company Level - - 19,000 - - - - 8,000 - - - 4,146,000 - $ 4,173,000
--------------- ---------------- ---------------- --------------- ----------------- ---------------- ---------- ------------------- -------------------- ----------------- -------------------- ----------------- --------------- ---------------- --------------
Total
United
States of
America - $ - $ 19,000 952,000 $ 36,826,000 $ - $ 125,000 $ 2,125,000 $ - $ - $ - $ 4,146,000 $ - $ 43,241,000
--------------- ---------------- ---------------- --------------- ----------------- ---------------- ---------- ------------------- -------------------- ----------------- -------------------- ----------------- --------------- ---------------- --------------
Total 583,000 $ 24,130,000 $ 116,391,000 2,044,000 $ 82,024,000 $ - $ 125,000 $ 2,151,000 $ - $ 750,000 $ 1,330,000 $ 12,664,000 $ 413,000 $ 239,978,000
--------------- ---------------- ---------------- --------------- ----------------- ---------------- ---------- ------------------- -------------------- ----------------- -------------------- ----------------- --------------- ---------------- --------------
Payments to Governments -
Receiving Entity - Level Disclosures (1)
-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
License Fees Environment,
(Surface Capacity
Rentals, Building
Permitting & Social
Projects
Estimated Fees, etc) (4)
Production
Entitlements
($s) (2)
Production Estimated Taxes (Non-
Entitlements Royalties Income)
(bbls) (2) ($s) (2)
Income Taxes Royalties Infrastructure (5)
(3) (bbls) (2) Improvement
Dividends Bonuses Training Other (6) TOTAL
(4)
--------------- ---------------- ----------------- ---------------- ---------------- ---------------- --------------- ------------------ --------------- ----------------- ------------------ ------------- --------------- ------------------- ---------------
Caisse
Nationale De
Prevoyance
Sociale - - - - - - - - - - - 17,000 - $ 17,000
--------------- ---------------- ----------------- ---------------- ---------------- ---------------- --------------- ------------------ --------------- ----------------- ------------------ ------------- --------------- ------------------- ---------------
Direction
Generale des
Hydrocarbures - - - - - - - - - 750,000 750,000 - - $ 1,500,000
--------------- ---------------- ----------------- ---------------- ---------------- ---------------- --------------- ------------------ --------------- ----------------- ------------------ ------------- --------------- ------------------- ---------------
Direction
Generale Des
Impotes - - - - - - - - - - - 302,000 - $ 302,000
--------------- ---------------- ----------------- ---------------- ---------------- ---------------- --------------- ------------------ --------------- ----------------- ------------------ ------------- --------------- ------------------- ---------------
Petroci Holding - - - - - - - - - - - - 13,000 $ 13,000
--------------- ---------------- ----------------- ---------------- ---------------- ---------------- --------------- ------------------ --------------- ----------------- ------------------ ------------- --------------- ------------------- ---------------
Total Cote
d'Ivoire - $ - $ - - $ - $ - $ - $ - $ - $ 750,000 $ 750,000 $ 319,000 $ 13,000 $ 1,832,000
--------------- ---------------- ----------------- ---------------- ---------------- ---------------- --------------- ------------------ --------------- ----------------- ------------------ ------------- --------------- ------------------- ---------------
Ministry of
Mines and
Hydrocarbons 583,000 24,130,000 - 574,000 23,758,000 - - - - - 300,000 - - $ 48,188,000
--------------- ---------------- ----------------- ---------------- ---------------- ---------------- --------------- ------------------ --------------- ----------------- ------------------ ------------- --------------- ------------------- ---------------
Tresoreria
General Del
Estado - - 78,772,000 - - - - - - - - 108,000 - $ 78,880,000
--------------- ---------------- ----------------- ---------------- ---------------- ---------------- --------------- ------------------ --------------- ----------------- ------------------ ------------- --------------- ------------------- ---------------
Instituto
Nacional de
Seguridad
Social
de Guinea
Ecuatorial - - - - - - - - - - - 89,500 - $ 89,500
--------------- ---------------- ----------------- ---------------- ---------------- ---------------- --------------- ------------------ --------------- ----------------- ------------------ ------------- --------------- ------------------- ---------------
Fondo de
Formacion del
Ministerio de
Minas
e - - - - - - - - - - 200,000 - - $ 200,000
--------------- ---------------- ----------------- ---------------- ---------------- ---------------- --------------- ------------------ --------------- ----------------- ------------------ ------------- --------------- ------------------- ---------------
Ministerio De - - - - - - - - - - - - - $ -
Transportes
--------------- ---------------- ----------------- ---------------- ---------------- ---------------- --------------- ------------------ --------------- ----------------- ------------------ ------------- --------------- ------------------- ---------------
Ministerio De
Trabajo - - - - - - - - - - - 500 - $ 500
--------------- ---------------- ----------------- ---------------- ---------------- ---------------- --------------- ------------------ --------------- ----------------- ------------------ ------------- --------------- ------------------- ---------------
Ministerio De
Hacienda Y
Presupuestos - - - - - - - - - - - 12,000 - $ 12,000
--------------- ---------------- ----------------- ---------------- ---------------- ---------------- --------------- ------------------ --------------- ----------------- ------------------ ------------- --------------- ------------------- ---------------
Tresor Public - - - - - - - - - - - - - $ -
De Guinee
Equatoriale
Depots
--------------- ---------------- ----------------- ---------------- ---------------- ---------------- --------------- ------------------ --------------- ----------------- ------------------ ------------- --------------- ------------------- ---------------
Total
Equatorial
Guinea 583,000 $ 24,130,000 $ 78,772,000 574,000 $ 23,758,000 $ - $ - $ - $ - $ - $ 500,000 $ 210,000 $ - $ 127,370,000
--------------- ---------------- ----------------- ---------------- ---------------- ---------------- --------------- ------------------ --------------- ----------------- ------------------ ------------- --------------- ------------------- ---------------
Government of
Republic of
Ghana - - - 518,000 21,440,000 - - - - - - - - $ 21,440,000
--------------- ---------------- ----------------- ---------------- ---------------- ---------------- --------------- ------------------ --------------- ----------------- ------------------ ------------- --------------- ------------------- ---------------
Petroleum
Commission of
Ghana - - - - - - - 26,000 - - - 1,000 - $ 27,000
--------------- ---------------- ----------------- ---------------- ---------------- ---------------- --------------- ------------------ --------------- ----------------- ------------------ ------------- --------------- ------------------- ---------------
Social Security
& Nat'l Insura - - - - - - - - - - - 212,000 - $ 212,000
--------------- ---------------- ----------------- ---------------- ---------------- ---------------- --------------- ------------------ --------------- ----------------- ------------------ ------------- --------------- ------------------- ---------------
Ghana Revenue
Authority - - 37,600,000 - - - - - - - - 6,473,000 - $ 44,073,000
--------------- ---------------- ----------------- ---------------- ---------------- ---------------- --------------- ------------------ --------------- ----------------- ------------------ ------------- --------------- ------------------- ---------------
Total Ghana - $ - $ 37,600,000 518,000 $ 21,440,000 $ - $ - $ 26,000 $ - $ - $ - $ 6,686,000 $ - $ 65,752,000
--------------- ---------------- ----------------- ---------------- ---------------- ---------------- --------------- ------------------ --------------- ----------------- ------------------ ------------- --------------- ------------------- ---------------
Caisse
Nationale
D'Assuramce
Maladie - - - - - - - - - - - 92,000 - $ 92,000
--------------- ---------------- ----------------- ---------------- ---------------- ---------------- --------------- ------------------ --------------- ----------------- ------------------ ------------- --------------- ------------------- ---------------
Caisse
Nationale De
Securite
Sociale - - - - - - - - - - - 2,000 - $ 2,000
--------------- ---------------- ----------------- ---------------- ---------------- ---------------- --------------- ------------------ --------------- ----------------- ------------------ ------------- --------------- ------------------- ---------------
Tresorier
General - - - - - - - - - - - 373,000 - $ 373,000
--------------- ---------------- ----------------- ---------------- ---------------- ---------------- --------------- ------------------ --------------- ----------------- ------------------ ------------- --------------- ------------------- ---------------
Total
Mauritania - $ - $ - - $ - $ - $ - $ - $ - $ - $ - $ 467,000 $ - $ 467,000
--------------- ---------------- ----------------- ---------------- ---------------- ---------------- --------------- ------------------ --------------- ----------------- ------------------ ------------- --------------- ------------------- ---------------
Agencia
Nacional Do
Petroleo De
Sao Tome
E - - - - - - - - - - 80,000 - 400,000 $ 480,000
--------------- ---------------- ----------------- ---------------- ---------------- ---------------- --------------- ------------------ --------------- ----------------- ------------------ ------------- --------------- ------------------- ---------------
INSS -
Instituto
Nacional De
Seguranca
Social - - - - - - - - - - - 32,000 - $ 32,000
--------------- ---------------- ----------------- ---------------- ---------------- ---------------- --------------- ------------------ --------------- ----------------- ------------------ ------------- --------------- ------------------- ---------------
Tesouro Publico - - - - - - - - - - - 90,000 - $ 90,000
--------------- ---------------- ----------------- ---------------- ---------------- ---------------- --------------- ------------------ --------------- ----------------- ------------------ ------------- --------------- ------------------- ---------------
Total Sao
Tome &
Principe - $ - $ - - $ - $ - $ - $ - $ - $ - $ 80,000 $ 122,000 $ 400,000 $ 602,000
--------------- ---------------- ----------------- ---------------- ---------------- ---------------- --------------- ------------------ --------------- ----------------- ------------------ ------------- --------------- ------------------- ---------------
Chef du Bureau
de
Recouvrement - - - - - - - - - - - $ 237,000 $ - $ 237,000
--------------- ---------------- ----------------- ---------------- ---------------- ---------------- --------------- ------------------ --------------- ----------------- ------------------ ------------- --------------- ------------------- ---------------
Total
Senegal - $ - $ - - $ - $ - $ - $ - $ - $ - $ - $ 237,000 $ - $ 237,000
--------------- ---------------- ----------------- ---------------- ---------------- ---------------- --------------- ------------------ --------------- ----------------- ------------------ ------------- --------------- ------------------- ---------------
Ontvanger der
Direkte
Belastingen - - - - - - - - - - - 477,000 - $ 477,000
--------------- ---------------- ----------------- ---------------- ---------------- ---------------- --------------- ------------------ --------------- ----------------- ------------------ ------------- --------------- ------------------- ---------------
Total
Suriname - $ - $ - - $ - $ - $ - $ - $ - $ - $ - $ 477,000 $ - $ 477,000
--------------- ---------------- ----------------- ---------------- ---------------- ---------------- --------------- ------------------ --------------- ----------------- ------------------ ------------- --------------- ------------------- ---------------
ONRR - - - 952,000 36,826,000 - 125,000 2,125,000 - - - - - $ 39,076,000
--------------- ---------------- ----------------- ---------------- ---------------- ---------------- --------------- ------------------ --------------- ----------------- ------------------ ------------- --------------- ------------------- ---------------
Various - - 19,000 - - - - - - - - 4,146,000 - $ 4,165,000
--------------- ---------------- ----------------- ---------------- ---------------- ---------------- --------------- ------------------ --------------- ----------------- ------------------ ------------- --------------- ------------------- ---------------
Total
United
States of
America - $ - $ 19,000 952,000 $ 36,826,000 $ - $ 125,000 $ 2,125,000 $ - $ - $ - $ 4,146,000 $ - $ 43,241,000
--------------- ---------------- ----------------- ---------------- ---------------- ---------------- --------------- ------------------ --------------- ----------------- ------------------ ------------- --------------- ------------------- ---------------
Total 583,000 $ 24,130,000 $ 116,391,000 2,044,000 $ 82,024,000 $ - $ 125,000 $ 2,151,000 $ - $ 750,000 $ 1,330,000 $ 12,664,000 $ 413,000 $ 239,978,000
--------------- ---------------- ----------------- ---------------- ---------------- ---------------- --------------- ------------------ --------------- ----------------- ------------------ ------------- --------------- ------------------- ---------------
FOOTNOTES
The Payments to Government data are reflective of direct payments made to government entities by Kosmos Energy. These
payments are categorized consistent with
the Report on Payments to Governments Regulations 2014 (as amended in December 2015). These regulations enact domestic
rules in line with Directive 2013/34/EU
(the EU Accounting Directive (2013). Please see the footnotes below for further detail on the payments we made to our
host country governments in 2020.
(1) Our summary, project-level and receiving-entity level payments to government disclosures are also available on our
website at www.kosmosenergy.com/transparency
(2) Royalties are paid to the Government of Ghana and the Republic of Equatorial Guinea in barrels of oil out of
Kosmos Energy's working interest share of production.
Production entitlements are paid to the Republic of Equatorial Guinea in barrels of oil based on their participating
interest. The production entitlement amounts
presented represent Kosmos Energy's participating share received by the Republic of Equatorial Guinea. The value of
the royalties and production entitlements
disclosed above are based on the annual average of daily Brent prices of $41.39 during 2020. United States amounts
above are determined based on actual sales
prices.
(3) Exclusive of any income tax refunds received
(4) Represents payments made directly to government for satisfaction of obligations per the Petroleum Agreements
and/or Petroleum Sharing Contracts (PSCs), as
applicable. In addition to the numbers above, Kosmos made payments to third party training providers and/or national
oil company employees in accordance with
training obligations per the PSCs totaling $466,000 in Equatorial Guinea and $2,000 in Sao Tome and Principe.
(5) Primarily withholding taxes on interest payments, employer paid payroll-related taxes, and property taxes paid on
pipe and tangible goods inventory stored
at various onshore locations in the United States. These values are exclusive of withholding taxes remitted on behalf
of service providers.
(6) Primarily relates to transactional transfer fees.
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END
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