Global energy giant ENI has commended the government of Ghana for fostering a highly collaborative and investor-friendly environment, reaffirming its commitment to deepening its presence in the country’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, Dr Cassiel Ato Forson; and the Minister for Roads and Highways, Kwame Governs Agbodza.

The meeting brought together senior government officials and top executives from 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 growing 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 environment 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.

Minister of Energy, 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,” John Jinapor stated.

Dr Cassiel Ato Forson also acknowledged ENI’s resilience and forward-looking posture despite past challenges.

He assured the company of the government’s continued support, including plans to restore a US$500 million partial risk guarantee by the first quarter of 2026.

“I am impressed with ENI's steadfast commitment. We remain dedicated to ensuring timely payments and establishing a framework that sustains growth and investor trust,” Dr Forson.

He further encouraged ENI to intensify exploration and production efforts in line with Ghana’s ambition to scale up 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 a shared vision for growth.

SSD/MA

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