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


News in Brief

Tullow Oil to avail its self for scrutiny over tax issues

Jubilee operator Tullow Oil has indicated it is willing to open its doors to any institution that wants to verify whether it is fully meeting its tax obligations.

The move is in response to recent allegations that oil companies operating in the Jubilee field, including Tullow, are abusing the country’s tax and immigration laws, a claim which has already been dismissed by the Ghana Revenue Authority.

The Association of Oil and Gas Service Providers however insists the named companies have a case to answer.

A statement issued by Tullow Oil said though the company has complied with all the country’s laws it would still welcome any institution that wants to reassure itself.

The Communications Manager of Tullow Oil, Mr Gayheart Mensah, said "we are willing to engage with any institution that is interested in having a deeper appreciation of how we conduct our business, the extent to which we pay heed to what is required in terms of taxes, in terms of work arrangement and all."
http://news.myjoyonline.com/business/201010/54252.asp

Profile photo of Editor
Follow Us

Editor

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
Profile photo of Editor
Follow Us

Share this article

Leave a reply

Personality of the Month
  • Prof. Thomas Mba Akabzaa Chief Director of Ministry of Petroleum          …
Follow Us Online
Join the Discussions

Summary: Revenue mobilization from the oil sector for Agricultural production in Ghana, a myth or reality?

Agriculture, once considered the backbone of Ghana’s economy recorded a reduction of its contribution to GDP from 45% in 1992…

Responses Add your response


About Us
Reporting Oil and Gas project was launched on 4th June 2009 at Takoradi, Western Region, Ghana by Penplusbytes (www.penplusbytes.org) with the vision of providing a one stop online information and knowledge about Ghana’s oil and gas sector read more
Events Calendar
<< Aug 2017 >>
MTWTFSS
31 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
Twitter Activity Stream
 

Partners We are proud to be associated with:

Skip to toolbar