Oxy pays $170 million in Ghanean taxes to divest local operations
The authorities agreed to the $750 million transaction on the condition that the balance of tax arrears be paid.
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▪ Oxy pays $170 million in Ghanean taxes to divest local operations
▪ The authorities agreed to the $750 million transaction on the condition that the balance of tax arrears be paid.
▪ https://www.africabusinessplus.com/en/811583/occidental-petroleum-pays-170-million-in-taxes-to-divest-ghana-operations/
The sale of the shares of Ghanaian oil assets (Jubille and TEN) of the US group Occidental Petroleum (Oxy) for $750 million was finalised in favour of Kosmos Energy ($550 million) and the state-owned Ghana National Petroleum Corporation (GNPC) ($200 million) at the end of 2021.
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