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GHANA

The World Bank tries to rescue state-owned GNPC from Sankofa financial quagmire

The public sector company is being suffocated by conditions in the Sankofa gas contract which oblige it to pay even for gas it does not use. In 2019, it ended up GNPC paid ENI a total $200m. [...] (371 words)

Issue dated 05/05/2020 Reading time 2 minutes

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Energy

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GHANA
Bretton Woods Project
ENI
Ghana National Petroleum  Co
International Finance Corp
John Peter Amewu
Karpowership
Multilateral Investment Guarantee Agency
Nana Akufo-Addo
Vitol
World Bank

Egypt and Ethiopia in race to sell electricity to Sudan

Egypt is pitted against Ethiopia in the race to sell electricity to neighbouring Sudan, which is plagued by recurrent power cuts and must respond to growing consumption.

GHANA Energy 04/02/2021

Shell profits from falling out between ENI and state-owned GNPC

The Anglo-Dutch major Shell has taken advantage of the deterioration in relations between the state-owned GNPC and its longstanding partner ENI, whom the government has accused of manoeuvring it into signing an unfavourable contract on Sankofa.

GHANA Energy 21/01/2021

GNPC heavily criticised over decision to import Shell gas

The choice of Shell in Ghana to import gas for the Tema LNG terminal has raised eyebrows, as local producers have the capacity to supply the country's power plants.

Ghanaian gas: western abundance, eastern scarcity.

GHANA Energy 11/12/2020

ENI, Tullow and Aker mediate between state giant GNPC and its subsidiary GNGC

Operators active in Ghana could play a decisive role in the state-owned GNPC's battle with its gas branch GNGC over the country's natural gas resources.

GHANA Energy 07/12/2020

Ulterior motive behind energy minister Amewu's push for ENI and Springfield's shotgun wedding

Amid election fever, the unitisation of Sankofa (ENI) and Afina (Springfield) has become a top priority for the energy minister, who is keen to keep his job in the next government. ENI, meanhile, is looking for a way out of the marriage.

Ghanaian Energy Minister John Peter Amewu.

GHANA Energy 19/06/2018

ENI faces last hurdles before first gas at Sankofa

First gas at Sankofa Main, Sankofa East and Gye Nyamei located on the western block Offshore Cape Three Points (OCTP)

GHANA Energy 11/04/2017

Nana Akufo Addo's geopolitical oil dream team

When forming his 110-strong cabinet Ghana’s new president Nana Akufo-Addo has provided minister of energy and oil Boakye Agyarko (AEI

GHANA Energy 01/09/2015

World Bank bends over backwards for Sankofa

Thanks to a $700 million guarantee from the World Bank, ENI and Vitol have vastly reduced their risks.

Spotlight

AFRICA Energy 27/07/2010

How Vitol is Making its Way in Africa

Long the "third man" in trading in Africa, Vitol is now competing on an equal foot with its two rivals, Trafigura and Glencore, which fought among themselves for years for oil business on the continent.

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GHANA
Bretton Woods Project
ENI
Ghana National Petroleum  Co
International Finance Corp
John Peter Amewu
Karpowership
Multilateral Investment Guarantee Agency
Nana Akufo-Addo
Vitol
World Bank

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The World Bank tries to rescue state-owned GNPC from Sankofa financial quagmire

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Egypt and Ethiopia in race to sell electricity to Sudan

Shell profits from falling out between ENI and state-owned GNPC

GNPC heavily criticised over decision to import Shell gas

ENI, Tullow and Aker mediate between state giant GNPC and its subsidiary GNGC

Ulterior motive behind energy minister Amewu's push for ENI and Springfield's shotgun wedding

ENI faces last hurdles before first gas at Sankofa

Nana Akufo Addo's geopolitical oil dream team

World Bank bends over backwards for Sankofa

How Vitol is Making its Way in Africa

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The World Bank tries to rescue state-owned GNPC from Sankofa financial quagmire

This article may be accessed by subscribers and e-wallet holders (USD 12.50)

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Set up email notifications for these topics

Egypt and Ethiopia in race to sell electricity to Sudan

Shell profits from falling out between ENI and state-owned GNPC

GNPC heavily criticised over decision to import Shell gas

ENI, Tullow and Aker mediate between state giant GNPC and its subsidiary GNGC

Ulterior motive behind energy minister Amewu's push for ENI and Springfield's shotgun wedding

ENI faces last hurdles before first gas at Sankofa

Nana Akufo Addo's geopolitical oil dream team

World Bank bends over backwards for Sankofa

How Vitol is Making its Way in Africa

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First visit

Contacts

Tools

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A website produced by

Indigo Publications also publishes: