A study conducted by the Institute for Energy Security (IES) has revealed that the country is likely to miss a huge opportunity to rake in billions of dollars from the upstream petroleum sector. This according the study was due to the delay on the part of Eni Ghana Exploration and Production Limited (ENI) and Springfield E&P (Springfield) to cooperate, to unitise the Afina and Sankofa fields. Throwing more light on the study during a presentation on Wednesday, Nana Amoasi VII, Executive Director, IES, said the study revealed that the State stands to derive an upwards of US$8.4 billion from the unitisation of the Sankofa and Afina fields, as opposed to US$2.065 billion that it would derive from the production from the Sankofa fields, assuming no incidence of unitisation. IES analysis The Institute’s analysis he said, established that unitisation would lead to maximum economic benefits for the State, and for […]