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Ghana’s Local Content Fund Still Empty

  • POSTED ON: November 15, 2017
  • SOURCE: Orient Energy Review,

According to Orient Energy Review, contractors operating in Ghana oil and gas sector are holding in trust monies meant to be paid into the local content fund, which is established to provide financial support to SMEs to competitively participate in the country oil and gas sector……” We do not know how much money is being held in trust for us. But we have to sit down with them to look at how many contractors have commenced since we communicated with them and reconcile figures” disclosed by Mr Vincent Yankey,Director of finance and Administration at the Petroleum commission

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