TY - JOUR
T1 - Act 919 of 2016 and its Contribution to Governance of the Upstream Petroleum Industry in Ghana
AU - Ndi, George
PY - 2018
Y1 - 2018
N2 - In August 2016, the Ghanaian Parliament marked the advent of a new era for the country's nascent petroleum industry with the enactment into law of the Petroleum (Exploration and Production) Act (Act 919). Act 919 is considered to represent a major milestone in the legislative history of the upstream oil and gas industry in Ghana. The main objective of this article is to assess the new statute's fitness for purpose through a critical examination of its regulatory aspirations and its underlying legislative presumptions. The discussion is set against the historical background of petroleum exploration and production in Ghana.
AB - In August 2016, the Ghanaian Parliament marked the advent of a new era for the country's nascent petroleum industry with the enactment into law of the Petroleum (Exploration and Production) Act (Act 919). Act 919 is considered to represent a major milestone in the legislative history of the upstream oil and gas industry in Ghana. The main objective of this article is to assess the new statute's fitness for purpose through a critical examination of its regulatory aspirations and its underlying legislative presumptions. The discussion is set against the historical background of petroleum exploration and production in Ghana.
KW - Ghana
KW - Act 919
KW - Petroleum law
KW - Contractual and fiscal regime
KW - Petroleum exploration and production
KW - Ghana Petroleum Funds
KW - Resource curse thesis
UR - http://www.tandfonline.com/toc/rnrl20/current
U2 - 10.1080/02646811.2017.1349186
DO - 10.1080/02646811.2017.1349186
M3 - Article
VL - 36
SP - 5
EP - 31
JO - Journal of Energy and Natural Resources Law
JF - Journal of Energy and Natural Resources Law
SN - 0264-6811
IS - 1
ER -