Gibraltar
Employees
0
-
Third-party revenues
$3,821,130
-
Related-party revenues
$36,470
-
Total revenues
$3,857,600
-
Profit before tax
$(96,110)
-
Corporate income tax paid
$490
-
Corporate income tax accrued
$(12,010)
-
Stated capital
$0
-
Accumulated earnings
$0
-
Tangible assets
$0
-
Other payments to governments
–
Shell's footprint
Shell LNG Gibraltar Limited is an incorporated joint venture between Shell (Shell interest 51%) and the government of Gibraltar. It was set up for the purpose of constructing and operating the first liquefied natural gas (LNG) regasification terminal in Gibraltar, replacing diesel with LNG for power generation. The Shell entity which is a shareholder in Shell LNG Gibraltar Limited is based in the Netherlands. Shell's share of results from Shell LNG Gibraltar Limited, which is an equity-accounted investment, is included in the country report for the Netherlands. Shell also undertakes LNG bunkering activities in Gibraltar through a branch of Shell LNG Bunkering B.V.
Country financial analysis
The statutory corporate income tax rate in Gibraltar is 12.5%. The figures in the table represent the LNG bunkering activities of Shell LNG Bunkering B.V.'s branch in Gibraltar.
