General News of Sunday, 28 April 2019Source: citinewsroom.comAker oil deal: IMANI’s ‘doomsday’ warnings very alarmist – Casely-HayfordCasely Hayford, Financial analystFinancial analyst, Sydney Casely Hayford has rubbished IMANI Africa’s fears over potential $30 billion losses to the state in Aker Energy’s oil dealings in Ghana. “When you look at it, the $30 billion loss IMANI has calculated, I disagree. Aker Energy is the operator of the field with a 50 per cent stake for which it recently submitted a U$4.4 billion plan for development to the government for approval. It said a potential $30 billion revenue from the new oil wells was at stake. But the government said IMANI’s claims were false with the Energy Minister, Peter Amewu criticising IMANI for misinforming Ghanaians on the potential loss of $30 billion.

Source: GhanaWeb April 28, 2019 17:48 UTC