Special topics
Pursuant to Section 8 of the Petroleum Management Act, 2011 (Act 815), as amended (Act 893), the Minister is required to publish petroleum receipts (defined in Section 6 of the Act), namely, total output lifted and reference price, among others, on a quarterly basis. This Publication covers petroleum receipts for the second quarter of 2018.
| ITEM | JUBILEE | SANKOFA | TEN | TOTAL | |
| UNIT | |||||
| QTR 2 2018 | |||||
| Volume Lifted | Barrels | ||||
| o/w Ghana Group GOG/GNPC | 973,730 | 995,351 | 995,085 | 2,964,166 | |
| Partners | 5,699,160 | 1,903,480 | 3,884,819 | 7,602,640 | |
| Ghana Group Lift | |||||
| Date of Lift | d/m/y | 20th March, 2018 | 16th March, 2018 | 14th June, 2018 | |
| Reference Price per barrel | US$ | 64,173 | 64.195 | – | |
| Price Option Fee | US$ | 0.08 | 0.08 | – | |
| Differential (Premium) | US$ | 0.486 | (0.950) | – | |
| Market Price Per Barrel | US$ | 64.739 | 63.325 | – | |
| Cargo Value | US$ | 63,038,306.47 | 63,030,602.08 | – | 126,068,908.55 |
| Gross Receipt from Ghana’s Group Lift | US$ | 63,038,306.47 | 63,030,602.08 | – | 126,068,908.55 |
| o/w Royalties | US$ | 17,550,819.14 | – | – | 17,550,819.14 |
| o/w Carried and Participating Interest | US$ | 45,487,487.33 | – | – | 45,487,487.33 |
| Transfer to GNPC | US$ | 18,428,403.10 | – | – | 18,428,403.10 |
| Equity Financing Cost | US$ | 6,831,652.71 | – | – | 6,831,652.71 |
| Net Carried & Participating Interest (30%) | US$ | 11,596,750.39 | – | – | 11,596,750.39 |
| GOG Net Receipts from Lifting | US$ | 44,609,903.37 | – | – | 44,609,903.37 |
| o/w Royalties | US$ | 17,550,819.14 | – | – | 17,550,819.14 |
| o/w Net Carried & Participating Interest (70%) | US$ | 27,059,084.23 | – | – | 27,059,084.23 |
| Other Petroleum Receipts | US$ | 119,428.17 | 10,013,974.00 | – | 10,133,402.17 |
| PHF Income | US$ | 72,228.17 | – | – | 72,228.17 |
| Surface Rental (Asem Sabastian Klenam) | US$ | 47,200.00 | – | – | 47,200.00 |
| Surface Rental (AMNI International) | US$ | – | 13,974,00 | – | 13,974.00 |
| Corporate Tax (Yullow) | US$ | – | 10,000,000.00 | 10,000,000.00 | |
| Net GOG Receipts | US$ | 44,729,331.54 | 10,013,974.00 | – | 54,743,305.54 |
