Public Interest Accountability Committee

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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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TULLOW RAISES 2019 OIL OUTPUT FORECAST
17th January 2019

Tullow Oil has raised its production outlook for Ghana in 2019 to 180,000 barrels of oil a day. This forecast is based on plans to drill and complete new wells across the TEN and Jubilee fields allowing gross oil production from Ghana to...

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GHANA MAKES $464M FROM OIL IN FIRST HALF 2018
11th January 2019

Despite continued challenges with information sharing and documentation regarding payments in the oil sector, in the first half of the year 2018, Ghana made a total of $463,569,064.38 in petroleum revenue, according to the latest report of the...

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