What do you believe is the single most important factor driving up the cost of living in Nigeria?

Yaw Appiah Lartey

An oil and Gas Industry Analysis Survey by Deloitte Ghana has revealed that 45.0% of stakeholders within the upstream petroleum producers have cited political interference and poor transparency as the most significant roadblock for oil exploration in Ghana.

The report is coming at a time exploration activities in the oil and gas industry have dwindled since 2018.

The research conducted for the Petroleum Commission and unveiled at the ongoing Petroleum Commission LCCE Conference in Takoradi, Western region, however, noted that the deepwater basins are considered the most promising future exploration potential by 73% of respondents.

The issue of establishing joint ventures for exploration projects that can foster collaboration between the government, international oil companies (IOCs), and indigenous Ghanaian companies in exploration activities was the most popular suggestion by the respondents.

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