The implementation of Ghana's Local Content regulations in the upstream sector

"After the discovery of oil and gas in commercial quantities in Ghana in 2007, it was widely anticipated that the development of an oil and gas industry would be a source of accelerated economic growth, poverty reduction, and general prosperity to the citizens of Ghana...The quest to maximize benefits in the oil and gas industry made it imperative for government to develop the Local Content Policy Framework in 2010, to ensure that the oil and gas industry becomes a blessing to the people of Ghana."--page 1.