More needed to deliver the vision: An interview with David AMPOFO, CEO of the Ghana Upstream Petroleum Sector

Q: It’s a new year and what should Ghanaians expect from the oil and gas industry with regards to revenue to government, exploration and production?

A: Government will continue receiving royalty, taxes and oil liftings as per the provisions of the Petroleum Agreements it has signed with the different companies that have invested heavily in the sector. In 2021, the industry contributed about GH11.63 billion to Ghana’s GDP; roughly 7%, and we are hoping for an increase this year.

Upstream Chamber launches Energy Transition Position Paper

The Ghana Upstream Petroleum Chamber has held its first annual oil and gas conference under the theme “transitioning to a low carbon economy”. The conference brings together explorers, oil and gas producers, and indigenous suppliers and manufacturers in the industry as well representatives from the Ministry of Energy, Ministry of trade and Industry, Ministry of Public Enterprises and the Petroleum Commission. Also in attendance were member companies of the Chamber and other stakeholders.