Business News of Friday, 24 May 2019Source: www.ghanaweb.comGhana oil and gas industry has expanded significantly – Peter AmewuPeter Amewu, Minister for EnergyEnergy Minister, Peter Amewu has indicated that there has been immerse growth in the oil and gas industry in the country. According to him, areas including employment and electricity generation have massively benefitted from the growth of the industry. “Ghana’s oil and gas industry has grown in size and in activity from a long period of zero rig to about 4 rigs working at the same time to determine the potential of our basins. He further noted that through the platform, new strategies would be evaluated for accelerated growth of the oil and gas industry to make room for the country’s existing regulatory framework and practices. The program brought together participants including IOCs, indigenous companies, investors, regulatory authorities, civil society organizations, the media and other key players in the oil and gas sector.

Source: GhanaWeb May 24, 2019 16:18 UTC