Public Interest Accountability Committee

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LOCAL PARTNER IN EVERY OIL BLOCK PROVES A TOUGH CALL
11th December 2018

The deep-water exploration contract government recently signed with oil major ExxonMobil posed a real test to the Petroleum Exploration and Production (E&P) Law; and although GOIL was eventually selected to take up the mandatory 5 percent...

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US$5M DRONES DEAL …ACEP WARNS OF CREATION OF A SLUSH FUND
11th December 2018

The Ghana National Petroleum Corporation (GNPC) must not commit US$5million of its funds over a five-year period to government’s US$12million Zipline drones deal – an activity entirely outside its core mandate – because of...

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GHANA-TOGO DELIBERATE ON MARITIME BOUNDARY FOR OIL BLOCKS
5th December 2018

Government is hoping to reach an amicable agreement with the Togolese government on the Ghana-Togo Maritime Boundary demarcation. This is the third time the two countries are meeting to properly demarcate the boundaries which is suspected to hold...

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GHANA, TOGO MARITIME BOUNDARY DISPUTES IN LIMBO… NO CONSENSUS AFTER 3 ROUNDS OF NEGOTIATIONS
5th December 2018

LAWRENCE Apaalse, the Head of Ghana’s Technical Team negotiating the Maritime Boundary delimitation with Togo, has said that there is no consensus in sight in the raging disagreement between the two countries on their boundary on the high...

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GHANA NEEDS MORE INVESTMENT IN PETROLEUM UPSTREAM SECTOR—TSATSU TSIKATA
3rd December 2018

A former Chief Executive Officer of the Ghana National Petroleum Company (GNPC) Tsatsu Tsikata has called for more investment into Ghana’s upstream sector. According to him, the sector holds the potential to significantly reduce the...

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GOV’T PROJECTS US$1.1 BILLION PETROLEUM REVENUE FOR 2019
16th November 2018

The government has programmed to earn US$1.1 billion as petroleum revenues for next year, Finance Minister, Ken Ofori Atta  told parliament on Thursday during the presentation of the 2019 budget statement and financial policy.   This is...

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