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By Mark Davis
The nation founders, the Lone Star State thrives
Topic - Ian Gary
"The law would have a huge impact in a country like Equatorial Guinea, where all the major oil companies operating would have to file. The country is known for its corruption and lack of transparency in its management of its oil revenues," said Ian Gary, senior policy manager for extractive industries for Oxfam America, an international nonprofit relief and development group that has been pushing for the law.
"The government of Ghana has consistently supported broad principles of transparency and accountability and gone some way to encourage public input, but the devil is in the details. With oil production only a few months away, these good intentions must be translated into concrete safeguards built into the new laws and regulations to govern the oil and gas sector," he said.