Overview

At-a-Glance

Action Plan: Ghana Action Plan 2021-2023

Action Plan Cycle: 2021

Status:

Institutions

Lead Institution: Ministry of Finance

Support Institution(s): State actors involved Ministry of Energy, Ghana National Petroleum Corporation (GNPC). CSOs, private sector, multilaterals, working groups Ghana Extractive Industries Transparency Initiative (GHEITI) Natural Resource Governance Institute (NRGI) Africa Centre for Energy Policy (ACEP) Public Interest and Accountability Committee (PIAC)

Policy Areas

Anti Corruption and Integrity, Energy, Extractive Industries, Open Contracting, Public Procurement

IRM Review

IRM Report: Pending IRM Review

Early Results: Pending IRM Review

Design i

Verifiable: Yes

Relevant to OGP Values: Yes

Ambition (see definition): Low

Implementation i

Completion: Pending IRM Review

Description

Problem to be addressed ● Most of Ghana’s petroleum revenue comes from two long-term sales contracts with Russian Trader Litasco and Chinese owned Unipec Asia. The public knows next to nothing about these long-term sales contracts.

The commitment  The government commits to make these long-term sales contracts open by December 2022.

Contribution of commitment to solving problem ● Will make available to the Ghanaian public the terms and condition under which this vital resource of Ghana is sold abroad.

Relevance of commitment to OGP values  Commitment will improve transparency in a sector of the Ghanaian economy which is so opaque.

Additional information

Milestone Activity with a verifiable deliverable Start Date: End Date:  Minister of Finance and Minister of Energy to engage Ghana National Petroleum Cooperation on modalities for making sales contract public Nov. 2021 June 2023  Minister of Finance makes sales contract public after necessary consultations Nov 2022 June 2023

IRM Midterm Status Summary

Action Plan Review

Commitment 10. Petroleum Sales Contract Transparency

● Verifiable: Yes

● Does it have an open government lens? Yes

● Potential for results: Modest

Open Contracting of Petroleum Sales (GH0037)