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GKP outlines Payments to Govts for 2024

Iraq Business News: Oil & Gas

issued by the UK's Financial Conduct Authority ('DTR 4.3A') and in accordance with The Reports on Payments to Governments Regulations 2014 (as amended in 2015) (the 'UK Regulations') and our interpretation of the Industry Guidance on the UK Regulations issued by the International Association of Oil & Gas Producers.

Royalty 45
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30% of Ghana’s crude oil consumption purchased through Gold for oil programme – Lands Minister

Reporting Oil and Gas

Samuel Abu Jinapor also discussed the government’s efforts to increase gold production to support the program and underscored the mining sector’s significant contribution to the economy, constituting nearly 9% of GDP.