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National Oil & Gas Forum

Under the initiative of H.E. the President, a National Oil & Gas Forum is being organized from the 25th – 29th of February 2008, at GIMPA in Accra.

The forum would deliberate on a scheme to ensure the best for the country in terms of rules of exploratory rights, allocation of blocks and equitable distribution of oil revenues.
Following the discovery of oil in Ghana, H.E. the President established a Ministerial Committee on Oil & Gas Development supported by a Technical Committee based at the Office of the President.
The Ministerial Committee is overseen by the Chief Advisor to the President and includes the Ministers of Energy, Defence, Finance & Economic Planning, Justice & Attorney General and Local Government, Rural Development & Environment, Information and National Orientation, and Foreign Affairs.

he Technical Committee is also under the oversight of the Office of the President with representation from Ministry of Finance & Economic Planning, the Attorney General’s Department, Ministry of Defence (Ghana Navy), Ministry of Energy, Ministry of Foreign Affairs and the Environmental Protection Agency.
Visit the Government of Ghana Portal – www.ghana.gov.gh

The forum will consider key issues including Contract Negotiations for Fair Share of Revenues; Effective Resource and Revenue Management; Local Content and Infrastructure Issues; Environmental Management and Security, the protection of national interest as well as other issues relating to the sector. It is envisaged that the discussions would lead to the development of an appropriate and effective Sector Policy and Industry Master Plan.

The forum would also seek views from various sections of society for inclusion in the development of the sector policy. The Technical Committee would continue to receive papers and suggestions from interested stakeholders for review and assessment after the event.
The Technical Committee has been working with development partners such as Norway (Lead Development Partner), The World Bank, GTZ, USAID, AfDB, the Commonwealth Secretariat and DFID.

Hon. Oboshie Sai Cofie
Minister


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