Public Interest Accountability Committee

News

GHANA’S OIL PRODUCTION ESTIMATED TO GO UP TO 500,000 BARRELS PER DAY BY 2024
15th February 2019

Aker Energy ASA has confirmed a significant offshore resource base in Ghana and has committed to scale up new development in the Deepwater Tano Cape three points block (DWT/CT).   Ghana's oil Production by 2024 A Government of Ghana...

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$799M UPSTREAM PETROLEUM CONTRACTS AWARDED TO GHANAIAN COMPANIES
6th February 2019

A total of $799 million worth of contracts in the upstream petroleum industry was awarded to indigenous Ghanaian companies and joint ventures last year in accordance with the Local Content and Local Participation law. Out of the amount, $453...

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PETROLEUM COMMISSION SANCTIONS 15 COMPANIES FOR FLOUTING LOCAL CONTENT LAW
31st January 2019

The Petroleum Commission has revealed to Citi Business News that it has for the past two years sanctioned about 15 companies in the Petroleum Upstream sector for violating the local Content Law. Chief Executive of the Commission, Egbert Faibille...

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NO MORE OIL MONEY FOR FREE SHS
24th January 2019

THE government has decided to completely cut the Annual Budget Funding Amount (ABFA) allocation for its Free Senior High School programme. This means the government will not spend proceeds from the country’s oil resources on the programme...

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GOVERNMENT NEEDS TO REVISE GAS PRICES, REGULARIZE GAS SECTOR - POLICY ANALYSTS
24th January 2019

Policy analysts are calling on government to regularize the gas sector with focus on the gas pricing as it is the base of our economy. A research on gas price formation in Ghana, conducted by IMANI Ghana and Fondazione Eni Enrico Mattei (FEEM)...

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TARIFF ON GAS TO GO UP FROM MARCH
22nd January 2019

The tariff paid on gas supply for both domestic and industrial use may be going up from March this year 2019. This is due to the decision by the government to restrict gas supply from the Jubilee field as a result of the coming on stream of gas...

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