Home Africa Ghana: Petroleum revenues fall sharply in 2025 – PIAC Report

Ghana: Petroleum revenues fall sharply in 2025 – PIAC Report

Ghana: Petroleum revenues fall sharply in 2025 – PIAC Report

Rédaction Africa Links 24 with Ghanaian Times
Published on 2026-04-10 08:41:39

GHANA’S petroleum revenues fell sharply in 2025, dropping to US$770.3 million from over US$1.36 billion the previous year — a 43.27 per cent decline — according to the Public Interest and Accountability Committee (PIAC)’s newly released annual report.

The collapse in receipts reflects a broader crisis in Ghana’s oil sector. Crude production has now declined for six consecutive years, sliding from a peak of 71.44 million barrels in 2019 to just 37.3 million barrels in 2025, a…

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