Public Interest Accountability Committee

News

TEN gas fritters away…whilst US$950m required for fuel this year
19th June 2017

Gas from the Tweneboa, Enyenra and Ntomme (TEN) field is being flared due to pipeline infrastructure delays, similar to the delays that characterised the evacuation of gas from the jubilee field. Meanwhile, an estimated US$952million is required...

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Use oil revenues on fewer road projects - PIAC urges govt
19th June 2017

The Public Interest and Accountability Committee (PIAC) has repeated its call on the government to use oil revenues on fewer projects, especially in the road sector, to ensure timely completion of the projects. According to PIAC, which is the...

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Ghana: How Ten Field Stayed Ghana Crude Oil Decline
20th June 2017

Crude Oil production recorded a decline of 13 per cent in 2016 despite the fact that Ghana's second major oil production field, the Tweneboa-Enyenra-Ntomme (TEN) Field came on stream. The TEN Field came on stream in August 2016 and actually...

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Jubilee Shutdown Cuts Production By 40 percent
16th June 2017

Last year’s shutdown of the Jubilee Field reduced Ghana’s oil and gas production by 40%, a report by the Public Interest Accountability Committee (PIAC), has revealed. According to the report, there was a 13.7% year-on-year decline in...

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PIAC demands swift clearance of $ 2.4bn energy sector debts
16th June 2017

The Public Interest and Accountability Committee (PIAC) has warned that the troubles confronting Ghana’s energy sector may deepen soon if the huge debts in the sector are not settled. PIAC argues that the debt owed particularly by the Volta...

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PIAC questions Ghana Gas over missing $46.7 million
16th June 2017

A report by the Public Interest and Accountability Committee (PIAC) has questioned the whereabout of more than $40 million which was not accounted for by the Ghana Gas Company Limited. The Company in 2016 paid only $9.3 million out of...

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