Public Interest Accountability Committee

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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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Oil production in Ghana declines, despite additional TEN fields, six years after first oil – PIAC
15th June 2017

Six years after Ghana started oil production in December 2010, and after progressively increasing production, the country experienced a drop in production in 2016, despite additional oil from the new Tweneboa, Enyenra and Ntomme (TEN)...

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Oil production declines by 13.7percent
16th June 2017

Oil production dipped by some 13.7percent in 2016, from 37.41million barrels in 2015 to 32.30 million barrels, in spite of the coming of stream of the TEN field in August 2016 to augment production at jubilee. In its 2016 annual report, released...

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