But the minority said it is strongly against the proposed hyper-inflated purchase price of the blocks in connection with the deal. In a statement, the minority assured Ghanaians it will do everything possible to ensure value for money before the deal is approved by government. (iii) Approval to mandate the Minister for Energy and the Minister for Finance to agree on a purchase price with Aker Energy/AGM. BRIEF BACKGROUNDIt will be recalled that in the year 2018, Aker Energy bought the Deepwater Tano Cape Three Points block from Hess Energy and announced plans to embark on “significant” oil exploration and production in Ghana. The Minority group in Parliament wishes to assure the Ghanaian public of our unflinching commitment to secure a fair deal for the State in this transaction.

Source: GhanaWeb September 06, 2021 01:27 UTC