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Ghana Launches 2019 EITI Mining & Oil /Gas Reports PDF Print E-mail

Ghana Launches 2019 EITI Mining & Oil /Gas Reports

Accra, 14th April 2022 - The Ministry of Finance and the Ghana Extractive Industries Transparency Initiative (GHEITI) in collaboration with GIZ have launched the 2019 Reports for the Mining and Oil and Gas Sectors in Accra. The objectives of GHEITI Reports were to create the required public awareness, generate interest and debate on the issues raised in the reports, and pave way for stakeholder’s engagements on the reports as required by the Extractive Industries Transparency Initiative (EITI) Standard.

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GHEITI, partners launch OEP for extractive industry PDF Print E-mail

Ghana is among nine countries globally piloting this initiative with the collective aim of tackling corporate opaqueness

The government of Ghana, through the Ghana Extractive Industry Transparency Initiative (GHEITI) and its partners, has launched Ghana’s Opening Extractive Programme (OEP) to, among other things, advance the beneficial ownership transparency programme in the country.

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Press Release: Ghana Launches 2017/18 EITI Mining & Oil/Gas Reports PDF Print E-mail

Accra, March 11, 2020.

The Ministry of Finance and the Multi-Stakeholder Group (MSG) of the Ghana Extractive Industries Transparency Initiative (GHEITI) have produced and will today, formally launch the country’s 2017/18 Mining and Oil/Gas EITI reports, published on December 31 st , 2019. The MSG is a tripartite body made up of Government, Industry and Civil Society, with the responsibility of steering the affairs of Ghana’s EITI. The mining report brings to fourteen (14), the total number published since Ghana acceded to the initiative in 2003. For oil and gas, the 2017/18 repot is the seventh (7 th ) since the initiative was expanded to cover the sector.

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BENEFICIAL OWNERSHIP FOR MINING SECTOR 2017-18 REPORTS PDF Print E-mail

GOLD FIELDS (GH) LTD TARKWA & DAMANG

Gold Fields (Gh) Ltd and Goldfields Abosso Ltd own 90% stake in their respective mines. They are both wholly owned by Gold Fields Ghana Holdings (BVI) which is also an indirect subsidiary of Gold Fields Limited, South Africa. Ghana Government retains the remaining 10% stake. Gold Fields (Gh) Ltd S.A has a primary listing on the Johannesburg Stock Exchange (JSE:GFI), with secondary listings on the New York Stock Exchange (NYSE:GFI”), NASDAQ Dubai Ltd (GFI) , Euronext (“ NYX:GFLB”) in Brussels and the Swiss Exchange.

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Consultancy Services To Develop Ghana Extractive Industry Transparency Initiative (GHEITI) 2017/18 Reconciliation Reports PDF Print E-mail

MINISTRY OF FINANCE

CONSULTANCY SERVICES TO DEVELOP GHANA EXTRACTIVE INDUSTRY TRANSPARENCY INITIATIVE (GHEITI) 2017/18 RECONCILIATION REPORTS (FIRM SELECTION) REQUEST FOR EXPRESSION OF INTEREST (EOI) PACKAGE NUMBER: GH-EITI-112471-CS-CQS

BACKGROUND


The Extractive Industries Transparency Initiative (EITI) is a global standard for improving transparency and accountability in the oil, gas and mining sectors.

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Press Release – 1st October, 2018: Ghana launches 2016 EITI and Commodity Trading Pilot Reports PDF Print E-mail

Accra, October 1, 2018. The Ministry of Finance and the Multi-Stakeholder Group (MSG) of the Ghana Extractive Industries Transparency Initiative (GHEITI) have produced and will formally launch the country's 2016 mining, oil and gas EITI audit and Commodity Trading Pilot reports, published on August 30th, 2018.

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COMMITTEE TO OVERSEE ALLOCATION OF OIL BLOCKS INAUGURATED PDF Print E-mail

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-Generals Department, Petroleum Commission and the Ghana Maritime Authority.

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Press Release - Ghana launches 2015 EITI Reports PDF Print E-mail

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 PDF Print E-mail

EITIThe 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 EITIs commodity trading report.

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Press Release - Ghana Wins Award for Company Ownership Transparency PDF Print E-mail

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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Ghana Poised To Deliver On Bod Commitment In spite of political transition PDF Print E-mail

Historically elections in Ghana have not focused on the real issues affecting the countrys socio-economic fortunes, but rather on trivialities such as ethnicity and the health status of contestants. But this is likely to change as bread and butter issues and corruption assumed centre stage of the countrys 2016 general elections. Indeed the outcome of these elections was determined by which party had a better message and a more convincing strategy for fighting corruption.

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2019 Mining Sector Report


2019 Mining Sector Report

2019 Oil & Gas Sector Report

2019 Oil and Gas Sector Report
2019 Oil and Gas Sector Report

Effects of Covid-19 Report

Effects of Covid-19 on Petroleum and Mining Sectors in Ghana  - 2021
Effects of Covid-19 on Petroleum and Mining Sectors in Ghana-2021

Mainstreaming Feasibility Report


Ghana EITI Mainstreaming Feasibility Report

GHEITI Fiscal Impact Report

GHEITI Fiscal Impact Report
GHEITI Fiscal Impact Report

Petroleum Register of Ghana

Ghana Mining Cadastre

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