A former CEO of the Ghana National Petroleum Corporation (GNPC) has described the Energy Ministry’s response to his article on Aker as a display of lack of knowledge in the management of the petroleum industry.
In a statement issued by Alex Mould Saturday, he said, “it is truly sad to think that the Energy Ministry and for that matter, President Akufo-Addo’s government genuinely has so little understanding of this industry.”
The Ministry in a response to Mr Mould last Monday said the amendments to the Petroleum Agreements of Aker Energy and AGM were to provide regulatory certainty and incentives to support the realization of Aker's Pecan Project and increase investment in the AGM block respectively.
But in his rebuttal, the former GNPC boss will have none of that.
See the full statement below.
Latest Stories
-
Kenya confident its police will end Haiti gang war
7 mins -
The 10 greatest love stories of all time
7 mins -
The ironic reason you feel like you’ll never fall in love
13 mins -
Breast Care International re-iterates calls for collective efforts in fight against breast cancer
19 mins -
West African journalists to benefit from comprehensive training initiative on digital verification and fact-checking
27 mins -
3 clear-as-day warning signs it’s time to cut him loose
39 mins -
US President’s dog bites another Secret Service agent
52 mins -
UN slams France’s decision to ban French athletes’ hijabs at 2024 Olympics
1 hour -
Insurance firms in Ghana to mobilize support for dwindling blood banks
1 hour -
Friends advised me to join a cult to ‘blow’ my career – Phyno
1 hour -
Solidaridad collaborates with ACG to host 3rd International Coconut Festival in Takoradi
2 hours -
Quite a lot of people will leave NPP for Alan Kyerematen but not in droves – Prof Mensah
2 hours -
I didn’t support Alan’s exit, but I’m not opposed to it – Kwadwo Mpiani
2 hours -
The objects we keep when loved ones die — and what they say about mourning
2 hours -
President Akufo-Addo is part of NPP’s problems – Kwadwo Mpiani
2 hours