Albania

40 Employees

Third-Party Revenues
$65,060
Related-party revenues
$445,028
Total Revenues
$510,088
Profit Before Tax
$(11,569,025)
Tax Paid
$0
Tax Accrued
$0
Tangible Assets
$382,605,240
Stated Capital
$0
Accumulated Earnings
$0

Main Business Activities

  • Upstream and Integrated Gas

Shell has been present in Albania since 2012 and has been exploring for oil there through an Albanian branch of a Dutch company, Shell Upstream Albania B.V..

Country Financial Analysis

The loss before tax arises as a result of exploration costs. As the fields have not been developed or started production there are no profits to tax.

Our Payments to Governments Report for 2018 also shows that Shell paid around $1.5 million in bonuses.