Public Interest Accountability Committee

Analysis of Receipts

Analysis of Petroleum Receipts from 2011 to 2015

Item

Unit

2011

2012

2013

2014

2015

Total

Variance: 2015 & 2014

Jubilee Royalties)

US$

122,171,971

150,642,450

175,006,213

192,660,811

104,208,697

744,690,141

(88,452,114)

Carried &Participating Interest

US$

321,952,753

390,428,872

453,573,866

499,330,323

270,083,791

1,935,369,605

(229,246,532)

Surface Rentals

US$

-

570,138

676,418

1,775,768

465,920

3,488,244

(1,309,848)

Royalties from SOPCL

US$

-

336,429

171,040

151,986

-

659,455

 (151,986)

Corporate Income Tax

US$

-

-

216,985,498

284,546,191

20,410,832

521,942,521

(264,135,359)

PHF income

US$

-

-

-

124,083

30,468

154,550

(93,615)

Price Differentials

US$

-

-

-

297,249

419,387

716,636

122,138

Gas

US$ 

-

-

-

-

553,815

553,815

553,815

Total Petroleum

US$

444,124,724

541,977,890

846,413,034

978,886,410

396,172,909

3,207,574,968

(582,713,501)

Receipts

GHÈ»

690,264,761

979,315,482

1,645,585,763

2,774,917,536

1,449,922,860

7,540,006,402

(1,324,994,676)

 

Source: Ministry of Finance/Bank of Ghana