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This represented crude oil on behalf of the Ghana Group, comprising the Government of Ghana (GoG) and GNPC. It represented the first lifting of crude oil from the Jubilee fields. The barrels lifted comprised accumulated government royalties of 37,557 metric tonnes and accumulated GNPC's 13.75 per cent participating interest entitlement of ...
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.
Ghana's Jubilee Oilfield which contains up to 3 billion barrels (480,000,000 m 3) of sweet crude oil was discovered in 2007, among the many other oilfields in Ghana. [2] Oil and gas exploration in Ghana is ongoing, and the amount of both crude oil and natural gas continues to increase.
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]
He was appointed Rappoteur for a similar conference hosted by the Canadian Government in Ottawa in 1988/ 89. [5] Mr. Tanoh remained active in the setting up of Ghana's new institutions for the Petroleum Industry and acted as the North American Representative of the newly formed national oil company, Ghana National Petroleum Corporation (GNPC).
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.
The Petroleum Commission is a Ghanaian state agency under the Ministry of Energy and Petroleum responsible for the regulation, management and coordination of all activities in the upstream petroleum industry for the benefit and welfare of Ghanaians. [1] The commission was established in 2011 as an independent regulator in the petroleum sector ...
Oil was discovered in commercial quantities under the Presidency of John Kufuor. His successor, John Atta Mills initiated Ghana's first ever foray into oil production. [2] In 2010, the government rebased the economic statistics of the country resulting in an upward push of the GDP of Ghana by more than 60%. The base year for calculations was ...