Exploring the intricate dynamics of the global oil and gas industry often leads to insightful discussions on petroleum revenues. These revenues form a major cornerstone of the industry, fueling not just economies, but also countless debates on policies, transparency, accountability, and more. Among the key instruments that track these revenues, scrutinize their management, and highlight the associated key issues are the PIAC Reports. These reports are released semi-annually and annually as they delve deep into the critical matters permeating the oil and gas sector.
1. Petroleum revenues are a significant aspect of the global oil and gas industry, forming the subject of numerous policy debates and requiring high levels of transparency and accountability.
2. The PIAC Reports are published semi-annually and annually to provide an in-depth examination of the critical issues in the oil and gas sector.
3. These reports are a reliable source of information on the oil and gas industry, offering extensive coverage of operations in the sector.
4. The PIAC Reports provide comprehensive data and insightful analysis on the financial performance and operational dynamics of the industry, covering key issues like revenue management, cost-effectiveness, sustainability, and environmental impact.
5. The comprehensive nature of the PIAC Reports makes them a valuable tool for industry insiders and others interested in gaining a deeper understanding of the intricacies of the oil and gas industry.
According to the 2020 PIAC Report, a total of GH¢ 925.13 million in oil revenues were allocated to the Annual Budget Funding Amount (ABFA) in Ghana.
The PIAC Reports, being an authoritative source of information in the oil and gas industry, offer extensive coverage of the sector's operations. Issued semi-annually and annually, they provide comprehensive data and insightful analysis into the financial performance and operational dynamics of the industry. Crucial issues such as revenue management, cost-effectiveness, sustainability, and environmental impact are meticulously detailed in these reports, providing stakeholders with essential information for informed decision-making. The reports' comprehensive nature makes them a valuable tool for both industry insiders and those interested in better understanding the intricacies of the oil and gas industry.