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Compiled By: Prince Henry Danquah, Bora Capital Advisors Ltd.
President John Dramani Mahama has announced that the government has fully cleared all outstanding gas invoices owed to ENI and Vitol, amounting to roughly $500 million.
Speaking in Parliament during the 2026 State of the Nation Address on Friday, February 27, President Mahama said the payment ensures Ghana is fully up to date with its gas obligations to the Sankofa partners.
He noted that the government pays for all gas consumed and has allocated adequate provisions in the 2026 Budget to guarantee timely payments for all future Liquid Natural Gas deliveries.
Source: newsthemegh.com