Audio By Carbonatix
Ashanti Regional Minister, Mr Emmanuel Asamoah Owusu-Ansah, has called on all stakeholders to engage in constructive dialogue that would enable Government fashion out an implementable national oil and gas policy.
Speaking at the Ashanti Regional Forum on Oil and Gas Policy jointly organized by the Ghana National Petroleum Corporation (GNPC) and the Ashanti Regional Co-ordinating Council (RCC) in Kumasi on Friday, Mr Owusu-Ansah lauded government’s openness to the debate so far.
He said government deserves to be applauded for putting in place effective measures to check negative effects associated with oil production.
The forum was to further deepen Government’s consultation with stakeholders to ensure a sound policy expected to receive Parliamentary approval by December this year.
Mr Owusu-Ansah said oil price affects everything in an economy therefore Ghana’s oil discovery when explored and managed well, could significantly transform its economy.
Mrs Mary Chinery-Hesse, Chief Advisor to the President concurred that, the oil discovery has become a national asset, which would contribute meaningfully towards the socio-economic development of the country.
She added that, every Ghanaian has a responsibility to play in making this a reality.
Giving a brief overview of the draft policy, Dr Maxwell Appiagyei Gyamfi, Director of Petroleum, Ministry of Energy said people should disabuse their minds that, investors would earn more profit from the oil.
Government, he stated, would get 51 per cent as its share of the proceeds from the petroleum.
Mr George Owusu, Country Director of Kosmos Energy and Tullow Oil, Partners of the Ghana National Petroleum Corporation (GNPC), commended the Kwame Nkrumah University of Science and Technology (KNUST) for organizing series of training programmes to equip students in oil processing.
This he said would encourage a healthy competition between Ghanaians and other foreign investors.
Source: GNA
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
-
Elixir or Placebo? Microeconomics as the litmus test for Ghana’s Macroeconomic Recovery
3 minutes -
I won’t celebrate Ken Ofori-Atta’s troubles – Kofi Amoabeng
11 minutes -
GPRTU announces a crackdown over illegal fare increases
14 minutes -
COPEC urges NPA to scrap fuel price floors to ease costs for consumers
23 minutes -
“Underestimate Dr Adutwum at your own risk” — Adutwum camp fires back at Bryan Achampong video
47 minutes -
The role of curriculum in transmitting societal values: Why NaCCA must be resourced and empowered
55 minutes -
Benin’s opposition loses all parliamentary seats, provisional results show
1 hour -
New market report reveals 55% of Ghanaian jobs now demand a bachelor’s degree
1 hour -
Aide to National Timber Monitoring Team boss arrested amid intensified crackdown on illegal logging
1 hour -
Tension mounts in Akyem Akroso over plans to sell royal cemetery for supermarket project
1 hour -
Fuel price floor protects consumers, safeguards industry sustainability – COMAC CEO
1 hour -
Ghana welcomes digital platform GHKonnect.com to connect businesses
1 hour -
Heads who shortchange students on meals will be sanctioned – Deputy Education Minister warns
1 hour -
Bryan Acheampong best placed to heal NPP divisions – Pious Hadzide
1 hour -
New QCC Employees Union National Chairman pledges fairness, unity and stronger worker protection
1 hour
