“We will be behaving irrationally if we don’t support GNPC to increase its stake now. It is just lack of information,” Dr Manteaw is quoted by myjoyonline to have said this on NewsFile. Dr. Manteaw further lauded the GNPC for its transparency on plans to make the move and thanked them for engaging in stakeholder consultations before seeking approval from parliament. Meanwhile, a petroleum expert, Dr Theo Acheampong, has also commended the GNPC's intention to purchase the two offshore stakes. Dr Acheampong believes the move has enough justification to proceed as it will ensure GNPC gains control of oil exploration projects.

Source: GhanaWeb August 07, 2021 17:37 UTC