The oil and gas production sector is expected to provide some 2.5 trillion U.S. dollars in tax payments to governments worldwide in 2022. This figure would represents a peak in cash flow by the upstream industry, as high commodity prices and ample supply of oil and gas are driving sector earnings.
Total cash flow from oil and gas production sector to governments worldwide from 2010 to 2022
(in trillion U.S. dollars)
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Rystad Energy. (April 27, 2022). Total cash flow from oil and gas production sector to governments worldwide from 2010 to 2022 (in trillion U.S. dollars) [Graph]. In Statista. Retrieved January 08, 2025, from https://www.statista.com/statistics/1309737/worldwide-cash-payments-by-oil-and-gas-sector/
Rystad Energy. "Total cash flow from oil and gas production sector to governments worldwide from 2010 to 2022 (in trillion U.S. dollars)." Chart. April 27, 2022. Statista. Accessed January 08, 2025. https://www.statista.com/statistics/1309737/worldwide-cash-payments-by-oil-and-gas-sector/
Rystad Energy. (2022). Total cash flow from oil and gas production sector to governments worldwide from 2010 to 2022 (in trillion U.S. dollars). Statista. Statista Inc.. Accessed: January 08, 2025. https://www.statista.com/statistics/1309737/worldwide-cash-payments-by-oil-and-gas-sector/
Rystad Energy. "Total Cash Flow from Oil and Gas Production Sector to Governments Worldwide from 2010 to 2022 (in Trillion U.S. Dollars)." Statista, Statista Inc., 27 Apr 2022, https://www.statista.com/statistics/1309737/worldwide-cash-payments-by-oil-and-gas-sector/
Rystad Energy, Total cash flow from oil and gas production sector to governments worldwide from 2010 to 2022 (in trillion U.S. dollars) Statista, https://www.statista.com/statistics/1309737/worldwide-cash-payments-by-oil-and-gas-sector/ (last visited January 08, 2025)
Total cash flow from oil and gas production sector to governments worldwide from 2010 to 2022 (in trillion U.S. dollars) [Graph], Rystad Energy, April 27, 2022. [Online]. Available: https://www.statista.com/statistics/1309737/worldwide-cash-payments-by-oil-and-gas-sector/
