Ghana Agrees Roadmap with Tullow Oil on $393mn Tax Bill, Reaffirms $2bn Jubilee and TEN Plan

Ghana agrees roadmap with Tullow Oil on $393mn tax bill, reaffirms $2bn Jubilee and TEN plan

Credit: Tullow OilThe arbitration loss left Tullow facing a bill close to the proceeds of its recent asset sales, at a time when it is concentrating on Ghana.

Ghana and Tullow Agree Plan on US$393m Tax

Ghana and Tullow Ghana agree a roadmap to settle the US$393.09 million tax bill upheld by an arbitration tribunal, President Mahama said on 10 November.

Ghana and Tullow agree roadmap on US$393m tax bill

Ghana and Tullow Ghana Limited have agreed on a settlement roadmap for a US$393.09 million tax liability upheld by an ICC arbitration tribunal.

Ghana and Tullow agree roadmap to settle US$393m tax liability after arbitration win

President John Dramani Mahama says the state and the Jubilee field operator have reached a settlement arrangement following September's ICC tribunal award.