Gov’t secures US$3.5 billion investment to revive upstream oil and gas sector

The finance minister said a new agreement with the OCTP partners would further increase gas production to 350 million standard cubic feet per day.

He said gas production had also risen from 245 million to about 282 million standard cubic feet per day.

The reforms, the Finance Minister said, were already yielding positive results, with production at the Jubilee Field increasing from a projected 68,000 barrels to about 95,000 barrels per day, while the Sankofa Field was producing about 28,000 barrels per day.