Do you want to know more about the legal and regulatory regime of Ghana’s upstream petroleum sector? The Energy and Infrastructure team of Bentsi-Enchill, Letsa & Ankomah in Ghana provides an overview in the 2019 Ghana Petroleum Industry Report, which was published by the Ghana Chamber of Bulk Oil Distributors. Although the publication was in 2020, the discussion points still apply and are relevant today.
The discussion covers the regulatory regime, from pre-commercial discovery to post-commercial discovery and contains general insights into trends and developments in Ghana’s petroleum upstream sector. It provides an overview of the Ghana-Togo maritime border dispute and the decision of the Special Chamber of the International Tribunal for the Law of the Sea on the Ghana-Côte D’Ivoire dispute.
The article also discusses the case of John Akparibo Ndebugre v Attorney-General and 2 Others where the Ghana Supreme Court held that natural resource exploitation agreements ratified by Parliament in accordance with Article 268(1) of the Constitution requires further parliamentary approval before the agreement can be terminated, except where Parliament delegates its right to approve the termination to the Executive by law or by the terms of the ratified agreement.
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Legal and Regulatory Regime – Upstream Petroleum Industry in Ghana