This is contained in the Ghana Petroleum Funds report on the country’s earnings from crude oil export since it started exporting crude.
According to the report, $77 million will be set aside for future generations in the Heritage Fund, while $202 million has accrued to the Stabilisation Fund to cushion the country in times of crude oil price volatility.
Meanwhile, the report revealed that $119 million has been paid to government by the oil companies in terms of corporate taxes.
Tullow Oil paid the highest of $79.2 million in total followed by Anardako Petroleum Corporation with $23.9million, while Kosmos Energy paid $15.9 million.
Source: Joy Online