Global energy giant ENI has lauded the Government of Ghana for fostering a highly collaborative and investor-friendly environment, reaffirming the commitment to deepening its presence in Ghana’s energy sector.
The commendation came during a meeting held in Accra with the Minister for Energy and Green Transition, John Abdulai Jinapor, the Minister for Finance, Hon. Dr. Cassiel Ato Forson and the Minister for Roads and Highways Hon. Kwame Governs Agbodza.
The meeting brought together senior government officials and top executives of ENI to review the progress of ongoing operations, explore future investment opportunities and strengthen partnerships in the upstream petroleum sector.
A major highlight was ENI’s confirmation of a significant ramp-up in gas supply, now reaching 270 million standard cubic feet per day (mmscfd), reinforcing the company’s strategic role in meeting Ghana’s energy demands.
ENI expressed strong satisfaction with the government’s commitment to building a stable and transparent regulatory framework, which has helped create a conducive climate for investment.
The company also announced its readiness to inject additional capital into Ghana’s upstream sector, citing optimism about the country’s energy prospects.
Energy Minister, Mr John Abdulai Jinapor praised ENI’s continued contributions, particularly its recent declaration of commerciality, a milestone he described as “a testament to ENI’s commitment and success in Ghana’s energy landscape.”
“The progress made over the past six months alone surpasses that of the last eight years. ENI’s operations have had a ripple effect, catalyzing new investments and boosting investor confidence in the sector,” Hon. Jinapor remarked.
Finance Minister Dr. Cassiel Ato Forson also acknowledged ENI’s resilience and forward-looking stance despite past challenges.
He assured the company of the government’s continued support, including the restoration of a US$500 million partial risk guarantee by the first quarter of 2026.
“I am impressed with ENI’s steadfast commitment,” Dr. Forson said.
“We remain committed to ensuring timely payments and establishing a framework that will sustain growth and investor trust.”
He further encouraged ENI to intensify exploration and production efforts in line with Ghana’s ambition to scale oil production to 500,000 barrels per day in the near future.
The meeting underscored a renewed spirit of collaboration between the Government of Ghana and ENI, signaling a promising outlook for the country’s energy sector anchored on mutual trust, policy stability, and shared vision for growth.
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