The Ghana Extractive Industries’ Transparency Initiative (GHEITI) engaged Messrs Boas & Associates to produce EITI report on Oil and Gas payments for the period covering Jan-Dec 2015. The Petroleum sector makes a significant contribution to Ghana’s economy. In 2015, crude oil exports contributed 18.7% of the total merchandise export, 4.1% of Ghana’s GDP, and generated US$396million in revenues to the state.
