Public Interest Accountability Committee

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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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ALLOW US TO EXCLUDE GAS REVENUES WORTH $181M FROM PETROLEUM REVENUES – MINISTER
16th November 2018

The Ministry of Finance has proposed to Parliament to allow it to exclude gas revenues to the tune of $181.80 million from the projected petroleum revenues for 2019, while it devises ways of getting the Volta River Authority (VRA) to pay for the gas...

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ACEP CAUTIONS GOIL ON EXXON MOBIL DEAL
16th November 2018

The Africa Centre for Energy Policy (ACEP) has cautioned the Ghana Oil Company Limited (GOIL) to ensure that it puts in place the necessary measures to absorb any risk that may arise from its partnership with Exxon Mobil. GOIL is set to become...

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WRONGFUL PETROLEUM HOLDING CASH PAYMENTS TO GRA UNACCEPTABLE – PIAC
6th November 2018

The Public Interest and Accountability Committee (PIAC), is unhappy over what it describes as wrongful payment of millions of dollars meant for the Petroleum Holding Fund (PHF) into accounts of the Ghana Revenue Authority. According to PIAC, over...

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