GNPC Explorco's $561M Oil Revenues and Petroleum Holding Fund in Ghana

The article questions whether Ghana National Petroleum Corporation (GNPC) Explorco's $561 million oil revenues, derived from an additional 7% stake in the Jubilee and TEN oil fields, will ever be paid into the Petroleum Holding Fund.

20 Jul, 09:00 — 20 Jul, 09:00

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myjoyonlineMixed47d ago

Explainer: Will Ghana ever see GNPC Explorco’s $561m oil revenues paid into the Petroleum Holding Fund?

When Ghana National Petroleum Corporation (GNPC) announced that its subsidiary, Explorco, had become the owner of an additional 7% stake in the Jubilee and TEN oil fields, many Ghanaians wondered how the asset got there.

By Isaac Agyei

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GNPC Explorco's $561M Oil Revenues and Petroleum Holding Fund in Ghana

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Explainer: Will Ghana ever see GNPC Explorco’s $561m oil revenues paid into the Petroleum Holding Fund?

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