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The commission is responsible for monitoring, supervising, inspecting and auditing all petroleum activities in Ghana.The commission is also responsible for registering and receiving registration fees of all industry players of the upstream oil and gas sector of Ghana.
The minister for energy and petroleum is the head of the ministry and is directly accountable to the President of Ghana. The position is politically appointed and approved by parliament of Ghana. The current minister is John Abdulai Jinapor who succeeds Herbert Krapa under the Nana Akufo-Addo administration government.
The laws also established the legal structure that informed the corporation in contractual agreements between the Government of Ghana and private oil exploration companies. In 1987, the Petroleum Income Tax Law were added to the corporation's mandate to permit it to tax various petroleum products for consumption. The law was the PNDC Law 188..
National Petroleum Authority (NPA) is a statutory body set up by the Government of Ghana to regulate, oversee and monitor the Ghanaian petroleum industry. [1] The authority was established after calls by the general public for efficiency, growth and stakeholder satisfaction in the industry. [2] Dr. Mustapha Abdul-Hamid currently heads the NPA. [3]
Ghana, the world's second biggest cocoa producer, became an oil producer in 2010. Output is currently around 132,000 bpd of crude oil and about 325 million standard cubic feet per day of natural gas.
Total Petroleum Ghana This page was last edited on 1 July 2020, at 01:23 (UTC). Text is available under the Creative Commons Attribution-ShareAlike 4. ...
The Energy Commission of Ghana was founded by the enactment of an Act of the Parliament of Ghana, Energy Commission Act, 1997(Act 541).The primary supervisory body for the commission is the Ministry of Energy and Petroleum (Ghana). [1] [5] Its precursor was the National Energy Board, started in 1989. [6]
The service is mandated to collect Import and export duty tax, petroleum tax and import excise. It promotes the protection of revenue through the prevention of smuggling of goods across Ghana's borders. The service protects the boundaries of Ghana by preventing external aggression and promotes territorial integrity of Ghana.