oil importing

IMF Urges More Spending Cuts

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The International Monetary Fund (IMF) has said government would have to trim its expenditure ahead of the December 7 polls after economic challenges meant government would not be able to meet its revenue targets. Disruption to oil production at then Jubilee Field earlier in the year led to a production shortfall, and consequently, a massive … Read more

Ghana Imports Substandard Diesel Fuel

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A study conducted in Ghana and seven other African countries has revealed that the sulphur content of diesel products imported into the relevant countries are 150 times and, in some cases 1,000 times, more than the limits allowed in Europe. Although the quality of the fuels imported into Ghana meets the country’s quality standards, the … Read more