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COMMITTEE TO OVERSEE ALLOCATION OF OIL BLOCKS INAUGURATED |
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The Ministry of Energy has inaugurated a committee to oversee the allocation of oil blocks to local and international companies through proper evaluation and negotiation. The committee is made up of 23 members, drawn from the Ministry of ‘energy, Ghana National Petroleum Corporation (GNPC), Environmental Protection Agency (EPA), Ghana Revenue Authority (GRA), Ministry of Finance, Attorney-General’s Department, Petroleum Commission and the Ghana Maritime Authority.
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Press Release - Ghana launches 2015 EITI Reports |
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Accra, May 15, 2018
The Multi-Stakeholder Group (MSG) of the Ghana Extractive Industries Transparency Initiative (GHEITI) has produced and will formally launch the country's 2015 mining, oil and gas EITI audit reports, published on April 30th, 2018. The MSG is a tripartite body made up of Government, Industry and Civil Society that has the responsibility of steering the affairs of GHEITI. The mining report brings to twelve (12th), the total number published since Ghana acceded to the initiative in 2003. For oil and gas, the 2015 report is the fifth (5th) since the initiative was extended to cover the sector. The production of the 2016 reports for the mining and oil/gas sectors have also been initiated and expected to be completed in July, 2018.
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Request for expressions of interest: Consultant to support Ghana with a commodity trading pilot |
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 The EITI International Secretariat is seeking to recruit a consultant to support the government of Ghana and the EITI MSG with a commodity trading pilot. The consultancy includes:
(i) collecting, reviewing and analyzing data on volumes, contracts and liftings of government oil and gas;
(ii) providing a clear description of flows of funds into and out of Ghana's account from the sale of government oil and gas, including pricing, in-kind payments and beneficial ownership disclosure of trading companies;
(iii) producing an inception report, outlining the scope as agreed by the multi-stakeholder group and the methodology of reporting on commodity trading;
(iv) producing Ghana EITI’s commodity trading report.
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Press Release - Ghana Wins Award for Company Ownership Transparency |
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Press Release – 30th October, 2017
Ghana Wins Award for Company Ownership Transparency
Accra, October 30, 2017.
Ghana has won international recognition for its commitment to expanding the frontiers of transparency, including progress made towards lifting the veil off the actual beneficial owners of companies operating in the country.
The recognition came in the form of an award from the Extractive Industries Transparency Initiative (EITI) International Board Chair, at the just ended international conference on Beneficial Ownership (BO) Disclosure held in Jakarta, Indonesia from the 23rd to the 24th October, 2017.
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