Today in 2016: $84m missing from Ghana's 2014 oil revenue - News Summed Up

Today in 2016: $84m missing from Ghana's 2014 oil revenue


General News of Tuesday, 31 March 2020Source: www.ghanaweb.comToday in 2016: $84m missing from Ghana's 2014 oil revenueFile photoToday marks exactly four years when an amount of $84,382,088 could not be accounted for in Ghana’s total oil revenue for 2014. This was according to a report prepared by the Ghana Extractive Industries Transparency Initiative (GHEITI), to assess government’s revenue stream in the oil and gas industry. The report blamed Anadarko WCTP Limited for failing to make the payments of the oil and gas revenue to the state. Also, 79,602 barrels of crude oil was produced from the Saltpond field. This brought total crude oil produced in the country to 37,281,293 BBLS” the report indicated.


Source: GhanaWeb March 31, 2020 12:22 UTC



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