The Trades and Industry Minister has paid a working visit to Sentuo Oil Refinery Limited located in the Tema Heavy Industrial Area.
Alan Kyerematen was to ascertain the status of work in the development of a 5 million tons/year refining project.
The project is part of the Ministry’s Industrial Transformation Agenda in developing new Strategic Anchor Industries.
It is aimed at diversifying the Ghanaian economy beyond Cocoa and Gold.
The operationalisation of this and many such companies are part of efforts by the government to dampen the demand for foreign exchange for imports and grow our gross domestic product.
The Minister said in a social media post on Friday, October 15.
He was accompanied by one of his deputies, Michael Okyere Baafi.
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
-
Meta AI expands to Ghana, Nigeria and other countries in Africa; adds new features
7 mins -
GPL: Expect a new Kotoko against Samartex – Ogum tells fans
1 hour -
Court orders service of notice for DNA test to Mohbad’s wife
1 hour -
Changes to Ghana’s oil and gas royalty and licensing scheme to be implemented in 2024
1 hour -
Ghana’s oil production to rebound in 2024 growing by 5% – Fitch Solutions
1 hour -
Davido gifts fan $50K to clear off her student loan
1 hour -
Netflix: Profits soar after password sharing crackdown
2 hours -
OSP files additional charges against former PPA CEO Adjenim Boateng Adjei
2 hours -
Samuel Anini’s ‘Legacy of Hope’ to be launched in Finland
2 hours -
Fitch Solutions projects 19.0% average inflation for Ghana in 2024
2 hours -
Beijing half marathon: Top 3 stripped of medals after investigation
2 hours -
Nigerian Tunde Onakoya attempts to break chess marathon record
2 hours -
Government set to strip ECG of its billing, collection powers – Egyapa Mercer
2 hours -
We have to focus on Premier League now – Jurgen Klopp
2 hours -
Oil price rises as US says Israel has struck Iran
2 hours