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
-
Former Accra Mayor Blankson endorses Wontumi for NPP national chairmanship
19 minutes -
Eid festivals explained on Behind The Lens with Queen Liz
27 minutes -
Meet Emelia Naa Ayeley Aryee, the Ghanaian Gender Advocate helping couples overcome infertility stigma
53 minutes -
Oil pulls back as traders look for progress on US-Iran talks
2 hours -
The proposed imposition of a 0.75% fee on Mobile Money-To-Bank transfers raises serious concerns regarding fairness, financial inclusion, and the underlying principle of interoperability within the digital financial ecosystem
2 hours -
Trump raises refugee ceiling by 10,000 to bring in more white South Africans
2 hours -
One killed and others missing after chemical explosion at US paper mill
2 hours -
First Ghanaians set to be repatriated from South Africa over anti-immigrant protests
2 hours -
Deliver or be questioned – Majority Chief Whip warns OSP
2 hours -
Crime is everywhere – Dafeamekpor slams OSP’s Accra-centred operations
3 hours -
Don’t be cocooned in Accra – Dafeamekpor pushes OSP to invade districts
3 hours -
Free sanitary pads and pad bank Initiative cut teenage pregnancy in Bosomtwe – Girl Child coordinator
3 hours -
Asunafo North Municipal Assembly deploys DL-Rev Software to tackle revenue shortfall
3 hours -
General Mosquito promised to ‘annihilate’ NPP – Dafeamekpor reveals details of earlier tour
4 hours -
Asiedu Nketia has been touring since 2021, not plotting new campaign, says Dafeamekpor
4 hours