The Petroleum Commission (the “Commission”) was established by an Act of Parliament, 2011 (Act 821) as a result of hydrocarbon discoveries in commercial quantities, to regulate and manage the utilisation of petroleum resources and, coordinate the policies in the upstream petroleum sector.
Since energy is vital to the development of a country, it is expected that in the medium to long term, oil and gas would become one of the key drivers of the economy. In the light of this potential, the prudent management of the resource becomes absolutely essential.
Governing Body of the Commission
The governing body of the Commission consists of:
(a) A chairperson;
(b) The Chief Executive Officer of the Petroleum Commission;
(c) One representative of the Environmental Protection Agency not below the rank of Director;
(d) One representative of the Institution of Geo-scientists nominated by the Institute; and
(e) Three other persons at least one of whom is a woman.
Corporate Vision, Mission and Core Values
Vision: “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:
We protect the social, environmental and economic livelihoods of communities that are affected by the petroleum activities of oil and gas companies.