Ghana
GHANA TO PURSUE $393 MILLION TULLOW TAX REVENUE WHILE PROTECTING JUBILEE AND TEN INVESTMENTS
The Government of Ghana says it will move to secure revenues due from Tullow Ghana following its victory in a $393.09 million international tax arbitration while ensuring enforcement does not undermine continued investment and production at the Jubilee and TEN oil fields. Finance Minister Cassiel Ato Forson says the government will work with Tullow to implement the arbitration award under Ghanaian law, balancing the country's revenue interests with the need to preserve the oil producer's ability to continue operating and investing in two of Ghana's most important offshore petroleum assets.
BigV•10h ago•1 min read