Comprehensive  Ghana Oil and Gas news, information, updates, analysis

News in Brief

Ghana To Realize More Than 1,000,000 GHS From Petroleum Resources This Year

Ghana is hoping to realize more than one point one million Ghana cedis from its petroleum resources for the 2013 fiscal year.

This is based on an estimated average crude price of 94 point 36 Dollars per barrel and a daily production of more than 83 thousand barrels.

This comprises monies that will accrue from royalties, corporate taxes, and surface rentals.

The Acting Director of the Real Sector Division of the Ministry of Finance and Economic Planning, Dr. Alhassan Iddrisu made this known at a post budget seminar for the Parliamentary Press Corps in Accra.

He said 2012 fiscal year experienced improvement in the production of crude oil even though there were some challenges in the first half of the year.

Source: gbc

Share this article

Leave a reply

Personality of the Month
Follow Us Online
About Us
Reporting Oil and Gas project was launched on 4th June 2009 at Takoradi, Western Region, Ghana by Penplusbytes ( with the vision of providing a one stop online information and knowledge about Ghana’s oil and gas sector read more
Events Calendar
<< Jan 2018 >>
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 31 1 2 3 4
Twitter Activity Stream

Partners We are proud to be associated with:

Skip to toolbar