
Audio By Carbonatix
Over 3,000 Ghanaians are expected to be permanently employed and accommodated by a US-based company that plans to establish an oil refinery in the country.
The company, Barclays Gerdi Group Incorporated (BGG), is currently holding talks with government agencies to facilitate a smooth take-off of the $1.7 billion project.
Mr Hamid Moomen, local representative of the group, told the GNA on Monday in an interview that 4,000 local and foreign workers would be employed temporarily by the company during the construction stage.
He said the refinery was expected to refine 100,000 barrels of crude oil a day, almost twice of what the Tema Oil Refinery (TOR) produced presently.
According to him, the company would also establish a $350 million cement plant to process 50,000 tonnes of white cement a day, while the country’s railway sector would also benefit due to the plans of BGG to construct modern railway lines to carry its products.
He explained that the BGG would generate electricity for the refinery’s operations out of which the excess electricity generated would be fed into the national grid.
Mr Moomen said that the company would begin construction works before the end of the year immediately it received permit from the appropriate authorities to operate in the country.
“The minimal design and construction time period would be four years after all arrangements have been finalized,” he added.
He further explained that the company would acquire a 6,000-hectare land, preferably in Takoradi and Prampram, for the establishment of the refinery and the cement plant.
Mr Moomen, who is also Chairman of Moomen Group in the USA, said the BGG had planned to set up a collage of technology to train employees locally in refinery operations.
He said facilities to be provided included a modern satellite city fitted with potable water and sewage systems, shopping malls, schools, a clinic, pharmaceutical shops and supermarkets.
Fire fighting stations, banks, playgrounds, parks fuel filling stations, a library, cinemas and other needed facilities would also be provided for the comfort of employees.
He was particularly grateful to the Chief of Staff, Mr Kwadwo Mpiani, who he said, had been very instrumental in assisting the company to invest in the country.
BGG, which operates in Gabon, Angola, Algeria and Tunisia, has to its credit the installation of water, sewer gas and oil pipelines, the construction and development of cement plants, satellites cities, roads, shopping malls, oil refineries and the distribution of security equipment.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
-
Germany suspends military approval for long stays abroad for men under 45
10 minutes -
Liverpool face uphill Champions League task after PSG thrashing in Paris
10 minutes -
‘Ketamine Queen’ sentenced to 15 years in Matthew Perry overdose death
21 minutes -
Nigeria begins mass trial of 500 terrorism suspects
31 minutes -
Atletico Madrid stun 10-man Barcelona to seize Champions League semi-final advantage
55 minutes -
Black Stars coach to be announced by next week – Sports Minister
1 hour -
Chiefs, queen mothers and principal elders of Odau group denounce ‘rebellious Etweresohene’, pledges allegiance to Okyenhene
1 hour -
KNUST library dress code sparks online backlash over strict rules
1 hour -
Cultural Diplomacy in Action: Ghanaian youth leaders present symbolic smock to U.S. Chargé d’Affaires
1 hour -
Ghana Card payment activation under review – NIA breaks silence on financial integration
2 hours -
Ofori-Atta’s ICE release on bail positive; he poses no risk – Amanda Clinton
2 hours -
Ken Ofori-Atta’s passport seized after bail, set to reappear in US Court on April 27
2 hours -
Stuck contraceptives risk HIV surge – Ghana HIV/AIDS Network President warns
2 hours -
Edmond Boateng elected Secretary of Honorary Consular Corps of Ghana
2 hours -
Omanhene Kwabena Asante slams GIADEC CEO over alleged discrimination in mining concessions
3 hours