Audio By Carbonatix
The Head of Operations at the Ghana National Petroleum Authority (GNPC), Mr Thomas Manu, has given the strongest indication yet that the corporation is going to acquire Kosmos’ stake in the Jubilee fields regardless of various media reports linking ExxonMobil to the deal.
Mr Manu faults Kosmos for disclosing confidential data to ExxonMobil and others without the consent of GNPC.
The Jubilee Fields in the offshore area of the Tano Basin is fast becoming the focus of a wrangle for a stake in Ghana’s oil find.
This follows the decision of Kosmos Energy, a 23.5% stakeholder in the consortium that discovered the crude oil, to offload its interest.
Kosmos is said to have agreed to sell its stake to global energy giant ExxonMobil for some $4 billion.
Government, represented by the GNPC would however have none of that, claiming that as a partner, it reserved the first option to buy Kosmos’ stake.
“We are still pursuing our objective of acquiring the Kosmos interest,” Mr Manu told Joy Business Editor Fred Avornu.
Meanwhile, the British Petroleum has also expressed interests in the stake with BP representatives said to have arrived in Ghana to demonstrate how serious they are.
Play attached sound to listen to Mr Manu’s comment
Source: Joy Business/Myjoyonline.com/Ghana
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
-
Knights and Ladies of Marshall group backs Catholic Bishops’ stance on anti-LGBTQ+
23 minutes -
Bright Simons writes: All the Filla in the Ibrahim Mahama/E&P – Gold Fields Saga
48 minutes -
Monetise Idiocy In Ghana
55 minutes -
The Ghanaian prophet and the mysterious death of his scottish wife Charmain Speirs
2 hours -
Nearly 400 sentenced in Nigeria for links to militant Islamists
2 hours -
Ghana’s recovery supported by gold strength despite global oil price pressures – Standard Bank Research
2 hours -
Methodist Church hails Mfantsipim@150; calls for “fresh consecration” to excellence
2 hours -
‘Excellence is our inheritance’ – Nana Sam Brew-Butler hails Mfantsipim’s 150-year reign in leadership
3 hours -
Kwaku Azar writes: A-G vs OSP
3 hours -
Mfantsipim–Adisadel rivalry built excellence, not division – Sam Jonah
3 hours -
Vice President launches Mfantsipim’s 150 years of shaping Ghana’s greatest mind
3 hours -
I assure Otumfuo, Mahama will join him to commission KNUST Teaching Hospital by end of this year – Haruna Iddrisu
4 hours -
Barcelona dominate derby to extend La Liga lead
4 hours -
Gov’t to roll out free special education for persons with disabilities from July 1 – Education Minister
4 hours -
Importers and Exporters Association declares full support for Publican AI port system
5 hours