Case study: Australia

-1 Case study: Australia Shell Tax Contribution Report 2018

Shell Australia requires significant capital investment for the exploration, construction and development phases of its projects. As in many countries Shell invests in, these major projects may take several years to become profitable and this impacts the corporate income tax payable.

Despite being in a heavy investment phase and net cash flow deficit, Shell Australia made total direct tax payments of around A$5.7 billion during the 10 years ended December 31, 2018. These include royalty payments, fees, duties and employment taxes among others. 

For more information on Shell Australia see our separate tax transparency report which we publish as part of Australia's voluntary tax transparency code. 

Shell in Australia - key figures in 2018

Shell in Australia - key figures in Australian dollars: More than 118 years as a significant investor in Australia; A$77 billion invested over the last 10 years1; Supports around 21,800 jobs in regional Australia; Employs more than 2,000 people directly; 1 of the largest foreign investors in Australia; Providing around 20% of the gas used in eastern Australia; Prelude is designed to produce over 3.5 million tonnes of LNG each year; Supporting Australia’s energy transition with investments in solar generation, battery storage, power retailing; A$5.7 billion total direct taxation

1 Years 2007-2016.
All figures are in Australian dollars.

Prelude Floating Liquefied Natural Gas (FLNG) facility produces natural gas liquids off the coast of Australia. (photo)

Prelude Floating Liquefied Natural Gas (FLNG) facility produces natural gas liquids off the coast of Australia

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