2022: Ghana Spends US$1.52bn On Crude Oil Production – PIAC Report

Ghana spent a total amount of US$1.52 billion on its three oil producing fields in 2022.

This was made up of production costs of US$597.86 million and development cost of US$919.51 million.

GNPC’s share of the total costs stood at US$120.63 million.

This was made up of production and developments costs of US$79.81 million and US$40.82 million respectively.

Source:Mybrytfmonline.com/Kwabena Nyarko Abronoma