Investment Times

By Benson Afful Oil revenue watchdog Public Interest and Accountability Committee (PIAC) says there is the need for the government to attract investors in the upstream petroleum sector to reverse the steady decline in oil production in the country. The committee in its latest annual report urged government to speed up the sustainable development of the country’s petroleum resources as well as to ensure early completion of ongoing project as the country’s crude oil production has been declining for three consecutive years. PIAC, which has been monitoring government in the last decade over how it spends the country oil revenue...