THE JUBILEE FIELDS: LOSSES SUFFERED BY GHANATuesday, March 19, 2013
Fellow Ghanaians, while you celebrate your Xmas and New Year festivities, just ponder over this. Ghanaians have lost US741,423,210 in the first year of operation of the Jubilee Fields under the Royalty Tax System Agreement instead of the Production Sharing Agreement.Projected loss for 2012 ope ...
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TWO YEARS OF JUBILEE FIELDS OPERATION: 2011 AND 2012Tuesday, March 19, 2013
On 21st December, 2012, I released a short article titled The Jubilee Fields: Losses Suffered by Ghana. It was carried by a number of websites all over the world before it was blocked by some unknown person/s if one googles for it. For the benefit of those who did not have access to read it, they ... |
Fuel Subsidy In Ghana: Is It Real, A Myth Or A HoaxFriday, February 22, 2013
The main factor in petroleum product prices varying across countries of the world is government policy. For example, many European countries tax gasoline heavily. Thus, the ex-pump price of gasoline is made up of 60 - 75 of taxes built in the price per litre. Price per litre ranges from US ... |
PAY THESE JUDGEMENT DEBTS TOO AND SHOW SOME METTLEThursday, May 31, 2012
No Ghanaian should ever believe government officials claim that there is no money to carry out or pay for essential projects and services again. We all know Ghana is a richly resourced country which the grandparents and parents of some of us who ruled the Gold Coast with the British put on the world ... |
ONE YEAR OF OIL EXPLOITATION: AT THE CROSSROADS.Thursday, March 22, 2012
I have had various responses to my articles on the exploitation of the Jubilee field, including an unsigned one to my latest article which exemplifies the mode of thinking of the powerful elite, both national and foreign, and the rationalization they use to justify why Ghana, even though being the o ... |
ONE YEAR OF JUBILEE FIELDS OPERATION: HOW DID GHANA FARE?Saturday, March 03, 2012
The stark realities of producing oil in todays world under the Royalty Tax System should now be stirring glaringly in the face of our leaders with the publication of the fourth quarter of the 2011 Petroleum Receipts and Distribution Report in the Daily Graphic of 17th February, 2012. For a better a ... |
GHANA MAKING BIG LOSSES ON OIL LIFTED SO FAR.Monday, December 19, 2011
GHANA LOST US626,165,004 FOR NOT ADOPTING PRODUCTION SHARING AGREEMENT, AND US412,696,398.00 UNDER ROYALTY TAX SYSTEMS for recent oil liftings it made On Monday, November 21, 2011 the Minister of Finance and Economic Planning published the Petroleum Receipts and Distribution Report for the pe ... |
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