Why do educated people sign deals against the interests of the country? They can't be that ignorant. There has to be another reason - CORRUPTION
Why do educated people sign deals against the interests of the country? They can't be that ignorant. There has to be another reason - CORRUPTION
Fiifi 8 years ago
Please note that it's will be very difficult, if not impossible to go back on existing contracts. If we as a country are convienced that PSA is more rewarding than Tax & Royalty, then subsequent oil & gas contracts should ref ... read full comment
Please note that it's will be very difficult, if not impossible to go back on existing contracts. If we as a country are convienced that PSA is more rewarding than Tax & Royalty, then subsequent oil & gas contracts should reflect that. The oil & gas EP industry has just started in Ghana and there is a lot of scope to get it right going forward. It's also worth noting that a good contract is not only based on the monetory reward but also it's attractiveness to the potential investor, especially in the era of keen competetion for capital.
Why do educated people sign deals against the interests of the country? They can't be that ignorant. There has to be another reason - CORRUPTION
Please note that it's will be very difficult, if not impossible to go back on existing contracts. If we as a country are convienced that PSA is more rewarding than Tax & Royalty, then subsequent oil & gas contracts should ref ...
read full comment