Friday, 2 July 2010

President Mills assures effective running of oil and gas industry

President John Atta Mills has made an official statement assuring the nation that the Government will ensure effective running of the oil and gas industry for the benefit of all Ghanaians. He emphasised accountability and transparency in the operations of the industry, and gave a pledge that his administration will work to make sure that the oil and gas sector is run fairly and responsibly.

The pledge was prompted by a delegation of Tullow Ghana Limited representatives, led by Dr Idan Heavey, chief executive officer of Tullow Ghana; Pat Pluukett, board chairman; Dai Jones, president and general manager; and Kofi Esson, chief of staff. President Mills said that the government would ensure that the collaboration with Tullow would work to the benefit of the nation and its economy, and applauded Tullow for their expertise and guaranteed full government cooperation.

Dr Heavey said that there was great potential in the oil and gas sector, with prospects for development of ancillary industries. With the arrival of the Kwame Nkrumah Floating, Production, Storage and Offloading, (FPSO) facility at the Jubilee Fields in Takoradi in the Western Region last week, all is set for the production of oil for the last quarter of 2010.

Source: Ghana Web

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