Audio By Carbonatix
The Ghana National Petroleum Corporation (GNPC) CEO says the company's deafening silence has been intentional to allow the Civil Society Organisations (CSOs) to air their views and grievances.
Dr K.K. Sarpong said this tactic being employed by the GNPC is to avoid responding to “every little noise” the CSOs may make in connection with the Aker deal brouhaha.
He said at the appropriate time; the GNPC will soon assemble all the claims made by the CSOs and do justice to them appropriately.
Some 15 CSOs in the extractive industry have petitioned parliament to stop the Ghana National Petroleum Corporation (GNPC) from acquiring stakes in Aker Energy and AGM Petroleum Ghana oil blocks.
According to them, the deal threatens Ghana’s economic and fiscal outlook.
GNPC had previously asked parliament to approve a loan of $1.65 billion for the acquisition of a 70% stake in the South Deep Water Tano (SDWT) operated by AGM Petroleum Ghana Limited and a 37% stake in the Deep Water Tano/Cape Three Points (DWT/CTP) operated by Aker Energy Ghana Limited.
Whilst the CSOs acknowledge in the petition that its members are not opposed to the government of Ghana increasing its stake in natural resource ownership, it warned the deal was not in the interest of Ghanaians.
However, reacting to the claims made by the CSOs, the CEO said their opposition to the deal is a normal reaction to change.
“I must say that obviously, any new thing faces resistance. It is something you easily find in management literature. People resist change. And then anything new raises doubts, people are concerned, it's natural, the fear of the unknown.
“But I think it’s important that Ghanaians, we try and look at things objectively not to be moved by emotions, assemble the facts and tell the truth. And I think that is very, very important,” he said August 26 on JoyNews’ Upfront.
He, however, cautioned against the “deliberate distortions” of facts to garner distrust and opposition from the populace against the GNPC and its plans to increase Ghana’s stake in natural resource ownership.
“I believe we must have constructive comments, reasonable, objective conversations so that we can all take lessons from all that we’ve discussed to be able to shape policy,” he said.
Latest Stories
-
‘I am not a magician’ – Zdravko Logarušić on Nations FC exit from Africa
8 minutes -
Three nights. 28 titles. Ultimate history made
18 minutes -
Ghanaian delegates at IYF 2026 could become bridges for stronger Russia ties – John Aggrey
22 minutes -
Nigeria: Over 30 dead, 50 hospitalised after consuming alcoholic substance in Ondo State
25 minutes -
UK lawmakers demand new law to address AI threat to human rights
34 minutes -
WAFU B U-17 Girls Cup: Black Maidens depart Accra for tournament in Yamoussokro
34 minutes -
Sweden’s center-left bloc narrowly ahead as election remains too close to call
45 minutes -
GPL 2026/27: ‘We won ugly’ – Kotoko head coach unimpressed after Lions victory
48 minutes -
7 out of 10 human trafficking cases in Ghana never reach prosecution — JoyNews Research
1 hour -
Music, football to converge at Music Meets Football Summit 2026 in Lusaka
1 hour -
Putin invites young global leaders to partner with Russia in shaping future world order
1 hour -
Putin calls for ‘just world’, says every nation must be free to choose its own path
1 hour -
IFY 2026 food festival to serve 20,000 meals showcasing global cuisines in Russia
1 hour -
Ghana has a Domestic Violence Act: But can a victim afford to use it?
2 hours -
Young artists from 100 countries showcase works at IFY 2026 in Russia
2 hours