Uruguay

1 Employee

-1 Uruguay Shell Tax Contribution Report 2018
Third-Party Revenues
$752,255
Related-party revenues
$295,129
Total Revenues
$1,047,384
Profit Before Tax
$263,474
Tax Paid
$78,182
Tax Accrued
$47,642
Tangible Assets
$584
Stated Capital
$16,701,984
Accumulated Earnings
$75,438,761

Main Business Activities

  • Upstream
  • Downstream

Shell has been present in Uruguay since the acquisition of BG Group in 2016. BG Uruguay SA (BGU), a wholly-owned Shell subsidiary, provides services and advice to Gasoducto Cruz del Sur SA (GCDS), a midstream business under the concession agreement for the construction and operation of a pipeline between Punta Lara (Argentina) and Montevideo (Uruguay). In 2017, BGU agreed to relinquish three offshore exploration blocks to the Uruguayan government.

Country Financial Analysis

Profit is generated from the provision of services and the tax reflects the Uruguyan tax payable on the profits.

Download centre