The Petroleum Commission was established in July 2011 by an Act of Parliament, Act 821, to regulate and manage the exploitation of petroleum resources and to co-ordinate the policies in relation to them.
The Commission is the regulator of Ghana’s upstream petroleum sector and is mandated to regulate, manage and co-ordinate all activities in this sector for the overall benefit and welfare of Ghanaians.
THE GOVERNING BODY
- A chairperson;
- The Chief Executive Officer of the Commission
- One representative of the Environmental Protection Agency not below the rank of Director
- One representative of the Institution of Geo-scientists nominated by the Institute; and
- Three other persons at least one of whom is a woman.
“A world class regulator promoting Ghana as an upstream petroleum hub”
“To promote, regulate and manage the efficient conduct of upstream petroleum operations and all allied activities and the utilization of petroleum resources on a sustainable basis for the overall benefit of the citizens of Ghana.”
The Commission is committed to adhering to the highest professional ethics and individual integrity and other values that include
- Proportionality, Equity and Fairness
- Unity in diversity