Audio By Carbonatix
Ashanti Regional Minister, Mr Emmanuel Asamoah Owusu-Ansah, has called on all stakeholders to engage in constructive dialogue that would enable Government fashion out an implementable national oil and gas policy.
Speaking at the Ashanti Regional Forum on Oil and Gas Policy jointly organized by the Ghana National Petroleum Corporation (GNPC) and the Ashanti Regional Co-ordinating Council (RCC) in Kumasi on Friday, Mr Owusu-Ansah lauded government’s openness to the debate so far.
He said government deserves to be applauded for putting in place effective measures to check negative effects associated with oil production.
The forum was to further deepen Government’s consultation with stakeholders to ensure a sound policy expected to receive Parliamentary approval by December this year.
Mr Owusu-Ansah said oil price affects everything in an economy therefore Ghana’s oil discovery when explored and managed well, could significantly transform its economy.
Mrs Mary Chinery-Hesse, Chief Advisor to the President concurred that, the oil discovery has become a national asset, which would contribute meaningfully towards the socio-economic development of the country.
She added that, every Ghanaian has a responsibility to play in making this a reality.
Giving a brief overview of the draft policy, Dr Maxwell Appiagyei Gyamfi, Director of Petroleum, Ministry of Energy said people should disabuse their minds that, investors would earn more profit from the oil.
Government, he stated, would get 51 per cent as its share of the proceeds from the petroleum.
Mr George Owusu, Country Director of Kosmos Energy and Tullow Oil, Partners of the Ghana National Petroleum Corporation (GNPC), commended the Kwame Nkrumah University of Science and Technology (KNUST) for organizing series of training programmes to equip students in oil processing.
This he said would encourage a healthy competition between Ghanaians and other foreign investors.
Source: GNA
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Method in Madness – Blaqq Qouphy
18 minutes -
Photos: Odumase Krobo Divisional Police HQ commissioned
54 minutes -
Nigeria summons South African envoy over attacks on its nationals
57 minutes -
Ex-President Kufuor to headline global cocoa summit in London with vision for Africa’s future
58 minutes -
Ghana reassures diplomats of strong ties following UN slavery resolution
1 hour -
President Mahama joins global leaders in Libreville for Innovation and Development forum
1 hour -
Headmaster of Obenimase M/A JHS appeals for infrastructural support
1 hour -
Kenya battles to stop the ‘goons and guns’ as fears of political violence grow
1 hour -
Photos: President Mahama in Libreville for Global Innovation and Development forum
1 hour -
Hohoe United FC handed 3-season ban, demoted to Division 2 Â
3 hours -
Bank of Ghana in 2025: Financially impaired but operationally resilient
3 hours -
Ghana 4x100m relay team finish fourth at World Athletics Relays 2026, miss finalÂ
3 hours -
Beyond the UNFCCC COPS : A New Climate Coalition puts science at the heart of global action
3 hours -
Parts of Ashanti to experience power outages; check out affected areas
3 hours -
Ghana clinches key Pan-African Parliament role as Annoh-Dompreh takes health and labour chair
4 hours