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Jubilee partners export almost 19 million barrels of crude for half year

oil and gas 17thOil firms operating on the jubilee field have exported almost 19 million barrels of crude Oil from January to June this year.

The country’s share of these exports was however almost 2 million barrels.

This was contained in the petroleum receipts and distribution report for the half year.

Ghana also earned 391 million dollars in terms of taxes and royalties from its share of the crude exports.

The report also revealed that the price at which Ghana sold each barrel of crude declined in the second quarter compared to the first quarter.

The country on the average earned 98 dollars for each barrel sold in the second quarter, down from the 108 dollars secured in the first quarter of 2013.

Source: Joy Business

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Reporting Oil and Gas project was launched on 4th June 2009atTakoradi, Western Region, Ghana by Penplusbytes (PPB – www.penplusbytes.org) with the vision of providing a one stop online information and knowledge about Ghana’s oil and gas sector
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