“I believe God will be on our side once again under another NPP administration to strike more oil and gas. President stated that the commitment of the national oil company, Ghana National Petroleum Corporation (GNPC), to find oil and gas in the Voltaian Basin, is reassuring, and was delighted about this bold step. President Akufo-Addo made this known on Thursday, July 6, 2017, after turning on the valves on the FPSO John Agyekum Kufuor to signal the formal production of oil in commercial quantities from the Sankofa oil and gas fields. Gov’t outlines oil objectivesWith the oil industry increasingly becoming an important contributor to the country’s economy, President Akufo-Addo indicated that the efficient management of petroleum resources and its associated revenues is a national priority. Improving transparency in the management of the country’s oil and gas resources and strengthening the Public Interest Accountability Committee (PIAC) to enhance further transparency and accountability in the oil and gas sector, he added, is of the utmost importance to his government.

Source: GhanaWeb July 07, 2021 13:41 UTC