Ghana’s Oil Revenue Rises 29% in Nine Months on Jubilee Output
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Oil revenues earned by Ghana, West Africa’s second-biggest economy, increased 29 percent as crude production at the offshore Jubilee field climbed to an average of 85,000 barrel a day.
Accrued income to the state in the year through September was $434 million from $338 million in the same period a year earlier, Linda Tamakloe, corporate affairs director of state oil company, Ghana National Petroleum Corp., also known as GNPC, said today in an e-mailed statement.