Parliament extends petroleum agreements for WCTP and DWT to 2040; Minority questions early extension

Parliament has ratified a Memorandum of Understanding (MoU) between government, Ghana National Petroleum Commission (GNPC) and other contractor parties to extend the West Cape Three Points (WCTP) and Deepwater Tano (DWT) petroleum agreements respectively from 2034 and 2036 to December 31, 2040. The agreements include a commitment of US$2 billion of additional investments into the […]