Ghana’s Petroleum Funds recorded a combined balance of US$1.64 billion at the end of the first half of 2026, according to the Bank of Ghana’s latest report on the management of the country’s petroleum revenues.
The report, covering the period ending June 30, 2026, shows the funds received US$197.13 million in allocations from petroleum revenues generated through five crude oil liftings during the first six months of the year.
Of the total allocation, US$137.99 million was paid into the Ghana Stabilisation Fund, while US$59.14 million was transferred to the Ghana Heritage Fund. The two funds also generated US$27.79 million in net investment income during the period.
The Ghana Stabilisation Fund recorded a withdrawal of US$132.94 million, reducing its closing balance to US$182.68 million. The Ghana Heritage Fund, which recorded no withdrawals, ended the period with a balance of US$1.46 billion.
The report notes that the two funds opened 2026 with a combined balance of US$1.55 billion.
According to the Bank of Ghana, the allocations were derived from proceeds of five crude oil liftings from the Jubilee, Sankofa-Gye Nyame, and TEN oil fields.
The report was published in accordance with the Petroleum Revenue Management Act, 2011 (Act 815), which requires the Bank of Ghana to disclose information on Ghana’s crude oil liftings and allocations to the Ghana Petroleum Funds.