Overview of Hydrocarbon Regulation in Ghana

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Civil society group Oxfam said in a 2009 report that, after the discovery of major oil and gas reserves at the Jubilee field in 2007, many significant steps were still required to build the institutional, legal, and regulatory system to govern Ghana's oil and gas sector.[1] In 2008, Ghana produced a draft bill proposing a new regulatory body to govern upstream, midstream and downstream petroleum activities, and Parliament in April 2011 passed an act regulating Ghana's management of petroleum revenues. Ghana also has the National Petroleum Authority, which as of February 2011 was the government agency responsible for regulating downstream petroleum activities.

Ghana's Petroleum Directorate, the technical arm of the Ministry of Energy, supervises and formulates overall policy for the petroleum sub-sector.[2]

References

  1. "Ghana’s big test: Oil’s challenge to democratic development" Oxfam America, 2009.
  2. "Petroleum Sector" Ministry of Energy, 28 July 2012.