Declining crude oil production in Ghana: PIAC to meet over needed solutions

Declining crude oil production in Ghana spanning a four-year period will be the subject for discussion at a two-day technical consultative workshop in Accra.

The thrust of the workshop being organised by the Public Interest and Accountability Committee (PIAC) is to provide the platform for various stakeholders to offer the needed solutions to address the decline in crude oil production in the country from 2019 to 2023.

The workshop will be held in partnership with the Petroleum Engineering Department of the Kwame Nkrumah University of Science and Technology (KNUST), the Ghana National Petroleum Corporation (GNPC), the Ghana National Gas Limited Company (GNGLC), the Petroleum Commission (PC), the Ministry of Energy and other industry players.

The engagements at Wednesday and Thursday’s event at the Alisa Hotel will also aim at providing a comprehensive technical setting for stakeholders to have meaningful discussions and develop actionable solutions to the declining crude oil production in the country.

PIAC said the workshop would bring together about 300 participants, made up of PIAC members and staff, the Petroleum Commission, GNPC, GNGLC, government officials and policymakers; representatives from international oil and gas companies in Ghana, international industry experts from Norway, Libya, the United Arab Emirates, Indonesia, as well as local industry experts and consultants, civil society organisations, academia, researchers and the media.The Chairperson of PIAC, Emerita Professor Elizabeth Ardayfio-Schandorf, said the workshop was also expected to provide an overview of the current oil production landscape in the country, identify the technical and regulatory challenges resulting in the decline, and provide and discuss innovative solutions and strategies to enhance oil production in the country.
 
She said in an interview that the workshop was expected to bolster collaboration among stakeholders to reverse the decline and maximise production for economic benefit.Providing a background for the workshop, Emerita Prof. Ardayfio-Schandorf indicated that Ghana’s upstream oil and gas sector had played a key role in economic development since the commencement of commercial production in the country on the Jubilee Field in 2010.
 
Source: graphic.com.gh