(Source: Ministry of Petroleum of the Republic of Ghana) The mandate of the Ministry is to sustain and optimize the exploration, development and utilization of oil and gas endowment for the overall benefit of Ghanaians. Mr. Speaker, the Petroleum Exploration and Production Bill to better regulate the upstream activities was finalised and laid before Parliament for approval. Drafting of Upstream Regulations to ensure efficient conduct of petroleum activities in accordance with international best practices is in progress. These regulations include: Fiscal Metering, Data Management, Health Safety Security and Environment. The regulations and guidelines on fiscal metering have been completed and...
↧