The Ghana National Petroleum Corporation (GNPC) has suspended new oil exploration activities which had been planned for this year, to add onto the national reserves.

The Corporation said the COVID-19 pandemic has impacted negatively on the oil and gas industry in Ghana, a situation which has necessitated international oil companies (IOCs) to take business decisions to safeguard their investments even if they are not actually in Ghana’s interest.

For more information, please see   https://www.ghanaweb.com/GhanaHomePage/business/Coronavirus-GNPC-suspends-new-exploration-activities-1007671