U.S. Ambassador urges Ghana to uphold Oil and Gas contracts for economic growth
U.S. Ambassador to Ghana, Virginia Palmer, has called on the government and key stakeholders in the oil and gas sector to honor the terms of contracts signed with industry partners, stressing that contract sanctity is vital for creating a stable business environment conducive to economic growth. Speaking at the 2024 Ghana Oil and Gas Conference, hosted by the Ghana Upstream Petroleum Chamber, Ambassador Palmer also urged the Ghana Revenue Authority to implement more investor-friendly tax policies to attract and retain investment in the sector. "Improving Ghana’s business climate is crucial," she noted. "This includes a commitment to contract sanctity, fair...
