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Ghana bagged $370.62m from crude oil in first-half of 2025

Sun, Jul 27 2025 9:16 PM
in Business, Ghana General News
ghana bagged 370 62m from crude oil in first half of 2025
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Ghana bagged $370.62m from crude oil in first-half of 2025

Ghana earned $370.622 million from crude oil in the first half of 2025, the First-Half Petroleum Semi-Annual Report has revealed.

Out of that, the country secured $218.62 million from crude oil liftings.

The crude oil lifting took place between January 2025 and March 2025.

The country also got $148.75 million from corporate tax during the first half of 2023.

The taxes were from crude oil liftings by Kosmos Energy, Tullow Oil, ENI Ghana, Vitol and Petro SA.

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Surface rentals also contributed $863,045, whilst income from Petroleum Holding Fund was estimated at $2.376 million.

Investments from Ghana Petroleum Funds estimated at $1.424bn

Investments from the Ghana Petroleum Holding Funds were estimated at $1.42 billion in the first-half of 2025.

For the Ghana Heritage Funds, the nation earned $1.301 billion during the period.

Similarly, the Ghana Stabilisation Fund had investments worth $122.9 million

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