Ghana’s Oil Output Declines for Fifth Straight Year, PIAC Report Reveals
Ghana's oil production in 2024 has seen a heartening yet frustratingly narrow miss as the nation recorded a shortfall of just 0.01%, equating to merely 7,000 barrels, compared to its output in 2023. By the end of 2024, the total crude oil output reached an impressive 48,240,010 barrels, but just shy of the 48,247,037 barrels produced in the previous year. This slight decline raises a myriad of questions: What factors are contributing to this near miss? Is it a reflection of broader global trends or domestic challenges?…