Accra: The Bank of Ghana has announced total petroleum receipts of $370 million for the first six months of 2025, according to its latest semi-annual report.

According to Ghana News Agency, the figure represents proceeds from crude oil sales, corporate taxes, and other petroleum-related income collected between January and June this year. The report shows that Ghana earned $218.63 million from three major crude oil liftings during the period.

The Jubilee field contributed significantly with two liftings totalling $144.20 million, while the SGN field added $74.43 million.

Corporate tax payments from oil companies amounted to $148.75 million, with Tullow Ghana Ltd. and ENI Ghana EP Ltd. emerging as the largest contributors.

Additional income streams included $863,045.81 from surface rentals and $2.38 million in interest earnings from the Petroleum Holding Fund. The funds have been allocated according to the Petroleum Revenue Management Act, with $63.53 million distributed to the Ghana Petroleum Funds. The Ghana Stabilisation Fund received $44.47 million, while the Ghana Heritage Fund was allocated $19.06 million.