YADANA PROJECT - SOCIO ECO

ACTIVITIES

Local Content

Local Content – Socio Eco - Feb 2013 2

YADANA PROJECT

Consortium Partners

• Total E&P Myanmar (France) (operator)

• Chevron (US)

• PTT-EP (Thailand)

• MOGE (Myanmar)

• Production : approx. 780 MMSCFD (2012 )

• ～ 586 MMSCFD exported to Thailand

• ～ 186 MMSCFD supplied to Myanmar

Important Regional Energy Source

• 20% of Thailand Gas Power Generation Supply

• 70% of Myanmar Gas Supply

Long-Term Commitment in Myanmar

Key Dates

1992 : PSC signed

1995 : Start of Construction

1996: Start of Socio Eco program

1998 : First Gas Delivery

Contract duration : 30 years (till

2028)

Local Content – Socio Eco - Feb 2013

3

SOCIO-ECONOMIC PROGRAMS IN

YADANA PIPELINE AREA

• Rural, fairly isolated and sparsely populated area, located in

Tanintharyi division

• Population : Over 38,000 people

• Main sources of income

• Inland: agriculture (rubber, cashew, coconut, vegetables…) and

breeding (pigs, cattle, chickens…)

• Coastal area : fishing and rice culture

Community Development & communication

Healthcare

Education

Microfinance

Veterinary

Agriculture

Infrastructure Key

Areas

24 EarthRights International • July 2010

Thus, of the total revenue generated by the project, including the value of the domestic gas taken, the Burmese regime has taken over 50%—or more than 62% of the net revenue, once costs are deducted.

Cummulative total project revenue distribution by partner, 1998-2009

Energy Insecurity 33

PRO

DU

CTI

ON

JO

INT

VEN

TUR

E PR

OFI

T D

ISTR

IBU

TIO

N

Year

Join

t ven

ture

pr

ofit

Past

cos

ts (p

aid

to M

OG

E)M

OG

E sh

are

of p

rofit

(a

s go

vern

men

t)Pr

oduc

ers’

sh

are

of p

rofit

TOTA

L sh

are

(31.

2375

%

of p

rodu

cers

’ sha

re)

Chev

ron

shar

e (2

8.26

25%

of

pro

duce

rs’ s

hare

)PT

TEP

shar

e (2

5.5%

of

pro

duce

rs’ s

hare

)M

OG

E sh

are

(15%

of

prod

ucer

s’ s

hare

)

1998

$12,

769,

218.

43$7

,485

,790

.70

$5,1

07,8

26.9

0$1

75,6

00.8

3$5

4,85

3.31

$49,

629.

18$4

4,77

8.21

$26,

340.

12

1999

$70,

410,

608.

34$2

1,90

8,88

2.19

$28,

828,

219.

01$1

9,67

3,50

7.14

$6,1

45,5

11.7

9$5

,560

,224

.96

$5,0

16,7

44.3

2$2

,951

,026

.07

2000

$121

,261

,686

.14

$687

,018

.39

$66,

173,

473.

21$5

4,40

1,19

4.55

$16,

993,

573.

15$1

5,37

5,13

7.61

$13,

872,

304.

61$8

,160

,179

.18

2001

$131

,400

,989

.40

$0.0

0$8

3,11

2,32

0.71

$48,

288,

668.

69$1

5,08

4,17

2.88

$13,

647,

584.

99$1

2,31

3,61

0.52

$7,2

43,3

00.3

0

2002

$127

,405

,997

.90

$0.0

0$7

0,62

0,61

2.15

$56,

785,

385.

75$1

7,73

8,33

4.87

$16,

048,

969.

65$1

4,48

0,27

3.37

$8,5

17,8

07.8

6

2003

$147

,783

,054

.26

$0.0

0$9

0,33

2,87

7.20

$57,

450,

177.

06$1

7,94

5,99

9.06

$16,

236,

856.

29$1

4,64

9,79

5.15

$8,6

17,5

26.5

6

2004

$197

,060

,634

.99

$0.0

0$1

18,2

36,3

80.9

9$7

8,82

4,25

3.99

$24,

622,

726.

34$2

2,27

7,70

4.79

$20,

100,

184.

77$1

1,82

3,63

8.10

2005

$403

,295

,999

.41

$0.0

0$2

41,9

77,5

99.6

5$1

61,3

18,3

99.7

6$5

0,39

1,83

5.13

$45,

592,

612.

73$4

1,13

6,19

1.94

$24,

197,

759.

96

2006

$548

,798

,282

.79

$0.0

0$3

29,2

78,9

69.6

7$2

19,5

19,3

13.1

2$6

8,57

2,34

5.43

$62,

041,

645.

87$5

5,97

7,42

4.84

$32,

927,

896.

97

2007

$609

,091

,672

.67

$0.0

0$3

65,4

55,0

03.6

0$2

43,6

36,6

69.0

7$7

6,10

6,00

4.50

$68,

857,

813.

60$6

2,12

7,35

0.61

$36,

545,

500.

36

2008

$827

,612

,935

.88

$0.0

0$4

96,5

67,7

61.5

3$3

31,0

45,1

74.3

5$1

03,4

10,2

36.3

4$9

3,56

1,64

2.40

$84,

416,

519.

46$4

9,65

6,77

6.15

2009

$776

,040

,676

.51

$0.0

0$4

65,6

24,4

05.9

1$3

10,4

16,2

70.6

1$9

6,96

6,28

2.53

$87,

731,

398.

48$7

9,15

6,14

9.00

$46,

562,

440.

59N

OTE

S:Th

e M

OG

E sh

are

of th

e pr

ofit

is ta

ken

from

act

ual f

igur

es fr

om 1

998

thro

ugh

mid

-200

3, a

nd e

stim

ated

at 6

0% o

f the

pro

fit th

erea

fter.

1.

Past

cos

ts a

re ta

ken

from

act

ual p

aym

ent f

igur

es.

2.

TAX

ES O

N P

RO

DU

CTI

ON

JO

INT

VEN

TUR

E PR

OFI

TS

Year

TOTA

L sh

are

(31.

2375

% o

f pr

oduc

ers’

sha

re)

Taxe

s on

TO

TAL

shar

e (3

0% a

fter

A

ug. 1

, 200

1)

TOTA

L sh

are

afte

r tax

es

Chev

ron

shar

e (2

8.26

25%

of

prod

ucer

s’ s

hare

)

Taxe

s on

Che

vron

sh

are

(30%

aft

er

Aug

. 1, 2

001)

Chev

ron

shar

e af

ter t

axes

PTTE

P sh

are

(25.

5% o

f pr

oduc

ers’

sha

re)

Taxe

s on

PTT

EP

shar

e (3

0% a

fter

A

ug. 1

, 200

1)

PTTE

P sh

are

afte

r tax

es

1998

$54,

853.

31$0

.00

$54,

853.

31$4

9,62

9.18

$0.0

0$4

9,62

9.18

$44,

778.

21$0

.00

$44,

778.

21

1999

$6,1

45,5

11.7

9$0

.00

$6,1

45,5

11.7

9$5

,560

,224

.96

$0.0

0$5

,560

,224

.96

$5,0

16,7

44.3

2$0

.00

$5,0

16,7

44.3

2

2000

$16,

993,

573.

15$0

.00

$16,

993,

573.

15$1

5,37

5,13

7.61

$0.0

0$1

5,37

5,13

7.61

$13,

872,

304.

61$0

.00

$13,

872,

304.

61

2001

$15,

084,

172.

88$1

,838

,385

.85

$13,

245,

787.

03$1

3,64

7,58

4.99

$1,6

63,3

01.4

8$1

1,98

4,28

3.51

$12,

313,

610.

52$1

,500

,723

.14

$10,

812,

887.

37

2002

$17,

738,

334.

87$5

,321

,500

.46

$12,

416,

834.

41$1

6,04

8,96

9.65

$4,8

14,6

90.8

9$1

1,23

4,27

8.75

$14,

480,

273.

37$4

,344

,082

.01

$10,

136,

191.

36

2003

$17,

945,

999.

06$5

,383

,799

.72

$12,

562,

199.

34$1

6,23

6,85

6.29

$4,8

71,0

56.8

9$1

1,36

5,79

9.40

$14,

649,

795.

15$4

,394

,938

.55

$10,

254,

856.

61

2004

$24,

622,

726.

34$7

,386

,817

.90

$17,

235,

908.

44$2

2,27

7,70

4.79

$6,6

83,3

11.4

4$1

5,59

4,39

3.35

$20,

100,

184.

77$6

,030

,055

.43

$14,

070,

129.

34

2005

$50,

391,

835.

13$1

5,11

7,55

0.54

$35,

274,

284.

59$4

5,59

2,61

2.73

$13,

677,

783.

82$3

1,91

4,82

8.91

$41,

136,

191.

94$1

2,34

0,85

7.58

$28,

795,

334.

36

2006

$68,

572,

345.

43$2

0,57

1,70

3.63

$48,

000,

641.

80$6

2,04

1,64

5.87

$18,

612,

493.

76$4

3,42

9,15

2.11

$55,

977,

424.

84$1

6,79

3,22

7.45

$39,

184,

197.

39

2007

$76,

106,

004.

50$2

2,83

1,80

1.35

$53,

274,

203.

15$6

8,85

7,81

3.60

$20,

657,

344.

08$4

8,20

0,46

9.52

$62,

127,

350.

61$1

8,63

8,20

5.18

$43,

489,

145.

43

2008

$103

,410

,236

.34

$31,

023,

070.

90$7

2,38

7,16

5.44

$93,

561,

642.

40$2

8,06

8,49

2.72

$65,

493,

149.

68$8

4,41

6,51

9.46

$25,

324,

955.

84$5

9,09

1,56

3.62

2009

$96,

966,

282.

53$2

9,08

9,88

4.76

$67,

876,

397.

77$8

7,73

1,39

8.48

$26,

319,

419.

54$6

1,41

1,97

8.94

$79,

156,

149.

00$2

3,74

6,84

4.70

$55,

409,

304.

30

NO

TES:

The

thre

e-ye

ar ta

x ho

liday

end

ed o

n A

ugus

t 1, 2

001.

We

estim

ated

taxe

s for

five

mon

ths o

f the

yea

r in

2001

.1.

34 EarthRights International • July 2010

TOTA

L PR

OD

UC

TIO

N J

OIN

T V

ENTU

RE

TAX

ES A

ND

AFT

ER-T

AX

IN

CO

ME

Year

Taxe

s on

TO

TAL

shar

e (3

0% a

fter

A

ug. 1

, 200

1)

Taxe

s on

Che

vron

sh

are

(30%

aft

er

Aug

. 1, 2

001)

Taxe

s on

PTT

EP

shar

e (3

0% a

fter

A

ug. 1

, 200

1)To

tal t

axes

TOTA

L sh

are

afte

r tax

es

Chev

ron

shar

e af

ter

taxe

s

PTTE

P sh

are

afte

r tax

esTo

tal p

riva

te c

ompa

ny

shar

e af

ter t

axes

1998

$0.0

0$0

.00

$0.0

0$0

.00

$54,

853.

31$4

9,62

9.18

$44,

778.

21$1

49,2

60.7

0

1999

$0.0

0$0

.00

$0.0

0$0

.00

$6,1

45,5

11.7

9$5

,560

,224

.96

$5,0

16,7

44.3

2$1

6,72

2,48

1.07

2000

$0.0

0$0

.00

$0.0

0$0

.00

$16,

993,

573.

15$1

5,37

5,13

7.61

$13,

872,

304.

61$4

6,24

1,01

5.36

2001

$1,8

38,3

85.8

5$1

,663

,301

.48

$1,5

00,7

23.1

4$5

,002

,410

.47

$13,

245,

787.

03$1

1,98

4,28

3.51

$10,

812,

887.

37$3

6,04

2,95

7.92

2002

$5,3

21,5

00.4

6$4

,814

,690

.89

$4,3

44,0

82.0

1$1

4,48

0,27

3.37

$12,

416,

834.

41$1

1,23

4,27

8.75

$10,

136,

191.

36$3

3,78

7,30

4.52

2003

$5,3

83,7

99.7

2$4

,871

,056

.89

$4,3

94,9

38.5

5$1

4,64

9,79

5.15

$12,

562,

199.

34$1

1,36

5,79

9.40

$10,

254,

856.

61$3

4,18

2,85

5.35

2004

$7,3

86,8

17.9

0$6

,683

,311

.44

$6,0

30,0

55.4

3$2

0,10

0,18

4.77

$17,

235,

908.

44$1

5,59

4,39

3.35

$14,

070,

129.

34$4

6,90

0,43

1.13

2005

$15,

117,

550.

54$1

3,67

7,78

3.82

$12,

340,

857.

58$4

1,13

6,19

1.94

$35,

274,

284.

59$3

1,91

4,82

8.91

$28,

795,

334.

36$9

5,98

4,44

7.86

2006

$20,

571,

703.

63$1

8,61

2,49

3.76

$16,

793,

227.

45$5

5,97

7,42

4.84

$48,

000,

641.

80$4

3,42

9,15

2.11

$39,

184,

197.

39$1

30,6

13,9

91.3

0

2007

$22,

831,

801.

35$2

0,65

7,34

4.08

$18,

638,

205.

18$6

2,12

7,35

0.61

$53,

274,

203.

15$4

8,20

0,46

9.52

$43,

489,

145.

43$1

44,9

63,8

18.0

9

2008

$31,

023,

070.

90$2

8,06

8,49

2.72

$25,

324,

955.

84$8

4,41

6,51

9.46

$72,

387,

165.

44$6

5,49

3,14

9.68

$59,

091,

563.

62$1

96,9

71,8

78.7

4

2009

$29,

089,

884.

76$2

6,31

9,41

9.54

$23,

746,

844.

70$7

9,15

6,14

9.00

$67,

876,

397.

77$6

1,41

1,97

8.94

$55,

409,

304.

30$1

84,6

97,6

81.0

1

GLO

BA

L M

OG

E/B

UR

MES

E R

EGIM

E R

EVEN

UE

(AFT

ER C

OST

S, I

NC

LUD

ING

DO

MES

TIC

GA

S)

Year

Taxe

s (3

0%

afte

r Aug

. 1,

2001

)

MG

TC

dist

ribu

tion

to

MO

GE

(15%

)

Roya

lty

(10%

of

reve

nue)

Past

cos

ts

(pai

d to

M

OG

E)

MO

GE

shar

e of

jo

int v

entu

re p

rofit

(a

s go

vern

men

t)

MO

GE

shar

e of

pr

oduc

ers’

sha

re o

f joi

nt

vent

ure

profi

t (15

%)

Tota

l joi

nt

vent

ure

com

pany

taxe

s

Tota

l Bur

mes

e re

gim

e re

venu

e (in

cl.

dom

esti

c ga

s va

lue)

1998

$0.0

0 $0

.00

$3,1

92,3

04.6

1$7

,485

,790

.70

$5,1

07,8

26.9

0$2

6,34

0.12

$0.0

0$1

5,81

2,26

2.33

1999

$0.0

0 $0

.00

$17,

602,

652.

08$2

1,90

8,88

2.19

$28,

828,

219.

01$2

,951

,026

.07

$0.0

0$7

1,29

0,77

9.35

2000

$0.0

0 $1

7,71

9,44

4.75

$30,

315,

421.

54$6

87,0

18.3

9$6

6,17

3,47

3.21

$8,1

60,1

79.1

8$0

.00

$123

,055

,537

.06

2001

$17,

182,

086.

50$1

8,04

1,19

0.83

$32,

850,

247.

35$0

.00

$83,

112,

320.

71$7

,243

,300

.30

$5,0

02,4

10.4

7$1

63,4

31,5

56.1

6

2002

$37,

623,

992.

01$1

3,16

8,39

7.20

$31,

851,

499.

48$0

.00

$70,

620,

612.

15$8

,517

,807

.86

$14,

480,

273.

37$1

76,2

62,5

82.0

6

2003

$46,

595,

372.

63$1

6,31

5,75

6.86

$36,

945,

763.

57$0

.00

$90,

332,

877.

20$8

,617

,526

.56

$14,

649,

795.

15$2

13,4

57,0

91.9

7

2004

$50,

411,

242.

61$1

7,53

7,45

1.41

$39,

092,

910.

21$0

.00

$118

,236

,380

.99

$11,

823,

638.

10$2

0,10

0,18

4.77

$257

,201

,808

.09

2005

$66,

638,

807.

37$2

3,22

0,52

0.21

$48,

366,

222.

16$0

.00

$241

,977

,599

.65

$24,

197,

759.

96$4

1,13

6,19

1.94

$445

,537

,101

.28

2006

$96,

005,

426.

71$4

2,23

5,02

8.11

$64,

533,

142.

53$0

.00

$329

,278

,969

.67

$32,

927,

896.

97$5

5,97

7,42

4.84

$620

,957

,888

.84

2007

$108

,383

,744

.54

$46,

570,

048.

98$7

1,23

2,40

8.07

$0.0

0$3

65,4

55,0

03.6

0$3

6,54

5,50

0.36

$62,

127,

350.

61$6

90,3

14,0

56.1

7

2008

$152

,422

,859

.55

$61,

993,

023.

65$9

5,51

2,54

8.43

$0.0

0$4

96,5

67,7

61.5

3$4

9,65

6,77

6.15

$84,

416,

519.

46$9

40,5

69,4

88.7

8

2009

$142

,029

,378

.26

$58,

353,

114.

02$8

9,78

2,29

7.39

$0.0

0$4

65,6

24,4

05.9

1$4

6,56

2,44

0.59

$79,

156,

149.

00$8

81,5

07,7

85.1

8

Energy Insecurity 35

GLO

BA

L PR

IVA

TE C

OM

PAN

Y R

EVEN

UE

(AFT

ER C

OST

S A

ND

TA

XES

)

Year

MG

TC

dist

ribu

tion

to

TO

TAL

(31.

2375

%)

TOTA

L sh

are

of

join

t ven

ture

pro

fit

afte

r tax

es

Net

TO

TAL

reve

nue

Dis

trib

utio

n to

Che

vron

(2

8.26

25%

)

Chev

ron

shar

e of

join

t ven

ture

pr

ofit a

fter

taxe

s

Net

Che

vron

re

venu

eD

istr

ibut

ion

to

PTTE

P (2

5.5%

)

PTTE

P sh

are

of

join

t ven

ture

pr

ofit a

fter

taxe

s

Net

PTT

EP

reve

nue

1998

$0.0

0$5

4,85

3.31

$54,

853.

31$0

.00

$49,

629.

18$4

9,62

9.18

$0.0

0$4

4,77

8.21

$44,

778.

21

1999

$0.0

0$6

,145

,511

.79

$6,1

45,5

11.7

9$0

.00

$5,5

60,2

24.9

6$5

,560

,224

.96

$0.0

0$5

,016

,744

.32

$5,0

16,7

44.3

2

2000

$36,

900,

743.

69$1

6,99

3,57

3.15

$53,

894,

316.

83$3

3,38

6,38

7.15

$15,

375,

137.

61$4

8,76

1,52

4.75

$30,

123,

056.

07$1

3,87

2,30

4.61

$43,

995,

360.

68

2001

$37,

570,

779.

90$1

3,24

5,78

7.03

$50,

816,

566.

93$3

3,99

2,61

0.38

$11,

984,

283.

51$4

5,97

6,89

3.89

$30,

670,

024.

41$1

0,81

2,88

7.37

$41,

482,

911.

78

2002

$27,

423,

187.

17$1

2,41

6,83

4.41

$39,

840,

021.

59$2

4,81

1,45

5.06

$11,

234,

278.

75$3

6,04

5,73

3.82

$22,

386,

275.

24$1

0,13

6,19

1.36

$32,

522,

466.

60

2003

$33,

977,

563.

67$1

2,56

2,19

9.34

$46,

539,

763.

01$3

0,74

1,60

5.22

$11,

365,

799.

40$4

2,10

7,40

4.62

$27,

736,

786.

67$1

0,25

4,85

6.61

$37,

991,

643.

27

2004

$36,

521,

742.

56$1

7,23

5,90

8.44

$53,

757,

651.

00$3

3,04

3,48

1.36

$15,

594,

393.

35$4

8,63

7,87

4.71

$29,

813,

667.

39$1

4,07

0,12

9.34

$43,

883,

796.

73

2005

$48,

356,

733.

33$3

5,27

4,28

4.59

$83,

631,

017.

92$4

3,75

1,33

0.15

$31,

914,

828.

91$7

5,66

6,15

9.07

$39,

474,

884.

35$2

8,79

5,33

4.36

$68,

270,

218.

71

2006

$87,

954,

446.

04$4

8,00

0,64

1.80

$135

,955

,087

.84

$79,

577,

832.

13$4

3,42

9,15

2.11

$123

,006

,984

.24

$71,

799,

547.

79$3

9,18

4,19

7.39

$110

,983

,745

.18

2007

$96,

982,

126.

99$5

3,27

4,20

3.15

$150

,256

,330

.14

$87,

745,

733.

95$4

8,20

0,46

9.52

$135

,946

,203

.46

$79,

169,

083.

26$4

3,48

9,14

5.43

$122

,658

,228

.69

2008

$129

,100

,471

.76

$72,

387,

165.

44$2

01,4

87,6

37.1

9$1

16,8

05,1

88.7

3$6

5,49

3,14

9.68

$182

,298

,338

.41

$105

,388

,140

.21

$59,

091,

563.

62$1

64,4

79,7

03.8

320

09$1

21,5

20,3

59.9

6$6

7,87

6,39

7.77

$189

,396

,757

.73

$109

,946

,992

.34

$61,

411,

978.

94$1

71,3

58,9

71.2

8$9

9,20

0,29

3.84

$55,

409,

304.

30$1

54,6

09,5

98.1

4

GLO

BA

L C

OST

S A

ND

REV

ENU

E

Year

MG

TC c

osts

Join

t ven

ture

co

sts

(“co

st g

as”)

Tota

l cos

tsN

et T

OTA

L re

venu

eN

et C

hevr

on

reve

nue

Net

PTT

EP

reve

nue

Tota

l Bur

mes

e re

gim

e re

venu

e (in

cl. d

omes

tic

gas

valu

e)

Tota

l pro

ject

reve

nue

(incl

. dom

esti

c ga

s va

lue)

1998

$20,

238,

793.

93$1

5,96

1,52

3.04

$36,

200,

316.

97$5

4,85

3.31

$49,

629.

18$4

4,77

8.21

$15,

812,

262.

33$5

2,16

1,84

0.00

1999

$111

,606

,362

.46

$88,

013,

260.

42$1

99,6

19,6

22.8

9$6

,145

,511

.79

$5,5

60,2

24.9

6$5

,016

,744

.32

$71,

290,

779.

35$2

87,6

32,8

83.3

1

2000

$74,

071,

510.

27$1

51,5

77,1

07.6

8$2

25,6

48,6

17.9

5$5

3,89

4,31

6.83

$48,

761,

524.

75$4

3,99

5,36

0.68

$123

,055

,537

.06

$495

,355

,357

.28

2001

$68,

200,

000.

00$1

64,2

51,2

36.7

5$2

32,4

51,2

36.7

5$5

0,81

6,56

6.93

$45,

976,

893.

89$4

1,48

2,91

1.78

$163

,431

,556

.16

$534

,159

,165

.52

2002

$68,

370,

000.

00$1

59,2

57,4

97.3

8$2

27,6

27,4

97.3

8$3

9,84

0,02

1.59

$36,

045,

733.

82$3

2,52

2,46

6.60

$176

,262

,582

.06

$512

,298

,301

.44

2003

$69,

390,

000.

00$1

84,7

28,8

17.8

3$2

54,1

18,8

17.8

3$4

6,53

9,76

3.01

$42,

107,

404.

62$3

7,99

1,64

3.27

$213

,457

,091

.97

$594

,214

,720

.70

2004

$70,

200,

000.

00$1

54,7

75,5

56.9

1$2

24,9

75,5

56.9

1$5

3,75

7,65

1.00

$48,

637,

874.

71$4

3,88

3,79

6.73

$257

,201

,808

.09

$628

,456

,687

.43

2005

$70,

200,

000.

00$3

2,00

0,00

0.00

$102

,200

,000

.00

$83,

631,

017.

92$7

5,66

6,15

9.07

$68,

270,

218.

71$4

45,5

37,1

01.2

8$7

75,3

04,4

96.9

7

2006

$12,

000,

000.

00$3

2,00

0,00

0.00

$44,

000,

000.

00$1

35,9

55,0

87.8

4$1

23,0

06,9

84.2

4$1

10,9

83,7

45.1

8$6

20,9

57,8

88.8

4$1

,034

,903

,706

.10

2007

$12,

000,

000.

00$3

2,00

0,00

0.00

$44,

000,

000.

00$1

50,2

56,3

30.1

4$1

35,9

46,2

03.4

6$1

22,6

58,2

28.6

9$6

90,3

14,0

56.1

7$1

,143

,174

,818

.46

2008

$12,

000,

000.

00$3

2,00

0,00

0.00

$44,

000,

000.

00$2

01,4

87,6

37.1

9$1

82,2

98,3

38.4

1$1

64,4

79,7

03.8

3$9

40,5

69,4

88.7

8$1

,532

,835

,168

.22

2009

$12,

000,

000.

00$3

2,00

0,00

0.00

$44,

000,

000.

00$1

89,3

96,7

57.7

3$1

71,3

58,9

71.2

8$1

54,6

09,5

98.1

4$8

81,5

07,7

85.1

8$1

,440

,873

,112

.33

36 EarthRights International • July 2010

REVENUE IN CASH AND DOMESTIC GAS

Year

Total Burmese regime revenue

(incl. domestic gas value)

Regime revenue taken “in kind” (domestic

gas value)

Regime revenue taken in cash

1998 $15,812,262.33 $0.00 $15,812,262.33

1999 $71,290,779.35 $0.00 $71,290,779.35

2000 $123,055,537.06 $0.00 $123,055,537.06

2001 $163,431,556.16 $4,130,000.59 $159,301,555.58

2002 $176,262,582.06 $18,644,365.28 $157,618,216.78

2003 $213,457,091.97 $35,220,516.44 $178,236,575.53

2004 $257,201,808.09 $44,937,510.59 $212,264,297.49

2005 $445,537,101.28 $111,454,388.94 $334,082,712.34

2006 $620,957,888.84 $145,397,540.59 $475,560,348.25

2007 $690,314,056.17 $154,273,384.44 $536,040,671.73

2008 $940,569,488.78 $206,858,710.82 $733,710,777.96

2009 $881,507,785.18 $194,448,275.10 $687,059,510.08

ANNUAL AND TOTAL PERCENTAGES OF REVENUE

Year Total costs

Net TOTAL

revenue

Net Chevron revenue

Net PTTEP

revenue

Regime revenue taken

“in kind” (domestic gas

value)

Regime revenue taken in

cash

Total Burmese regime

revenue (incl. domestic gas

value)

Total project revenue (incl. domestic gas

value)

1998 69.40% 0.11% 0.10% 0.09% 0.00% 30.31% 30.31% 100.00%1999 69.40% 2.14% 1.93% 1.74% 0.00% 24.79% 24.79% 100.00%

2000 45.55% 10.88% 9.84% 8.88% 0.00% 24.84% 24.84% 100.00%

2001 43.52% 9.51% 8.61% 7.77% 0.77% 29.82% 30.60% 100.00%

2002 44.43% 7.78% 7.04% 6.35% 3.64% 30.77% 34.41% 100.00%

2003 42.77% 7.83% 7.09% 6.39% 5.93% 30.00% 35.92% 100.00%

2004 35.80% 8.55% 7.74% 6.98% 7.15% 33.78% 40.93% 100.00%

2005 13.18% 10.79% 9.76% 8.81% 14.38% 43.09% 57.47% 100.00%

2006 4.25% 13.14% 11.89% 10.72% 14.05% 45.95% 60.00% 100.00%

2007 3.85% 13.14% 11.89% 10.73% 13.50% 46.89% 60.39% 100.00%

2008 2.87% 13.14% 11.89% 10.73% 13.50% 47.87% 61.36% 100.00%

2009 3.05% 13.14% 11.89% 10.73% 13.50% 47.68% 61.18% 100.00%

TOTAL 18.59% 11.20% 10.14% 9.15% 10.14% 40.79% 50.93% 100.00%