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ENI-Ghana has accepted to join the global transparency standard EITI. It joins about 30 companies in Ghana that have committed to improved transparency of government revenues from the extraction of natural resources. By joining the EITI, ENI is now committing to full transparency of extractive revenues from extraction of its oil, gas and mineral resources. They are also pledging to work together with business and civil society organizations to ensure an informed debate about how its natural resources are being managed.
ENI is a major integrated energy Company committed to growth in the activities of finding, producing, transporting, transforming and marketing oil and gas.
March 2016
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Ghana Wins Global Extractive Industry Transparency Award |
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PRESS RELEASE FOR IMMEDIATE RELEASE
GHANA WINS GLOBAL EXTRACTIVE INDUSTRY TRANSPARENCY AWARD
February 2016
Ghana has been acclaimed an exemplary implementer of the Extractive Industries Transparency Initiative (EITI), and honoured for its strict implementation of the recommendations of the Ghana EITI (GHEITI) leading to far-reaching policy, regulatory, and institutional reforms in its mining, oil and gas sectors.
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Remarks By Ministry Of Lands And Natural Resources At The Ghana Extractive Industries Transparency Initiative (GHEITI) 2012/2013 Reports Dissemination Workshop Capital View Hotel, Koforidua - August 13th, 2015 |
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Hon. Chairman,
Hon. Deputy Minister of Finance,
Hon. Members of Parliament
Representatives of Mining Companies
Members of the GhEITI
Distinguished Invited Guests
Members of the Media
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Small Scale Miners Must Pay Royalties |
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Government has been advised to put in place stringent measures to compel small scale miners to pay some royalties to the State. Although small scale miners account for over 34% of gold production, they do not pay mineral royalty. “Attempt should be made to obtain some revenue (royalty) from small scale mineral gold producers. The rate of extraction of gold by the small scale artisanal and miners mean the state is losing it resources without any compensatory revenue”.
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Pass Mineral Development Fund Bill |
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Pressure continues to mount on Parliament to pass the Mineral Development Fund (MDF) Bill to prevent the facility, which has existed for decades without a law, from further manipulation. The latest demand is contained in the 2012/2013 Ghana Extractive Industry Transparency Initiative (GHEITI) for the Mining Sector Report, which was launched in Accra on Tuesday.
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