Comprehensive  Ghana Oil and Gas news, information, updates, analysis


News in Brief

CEO of Vitol visits local communities around Offshore Cape Three Points

  • SOURCE: Graphic | Graphic
  • The Group CEO of Vitol, Russell Hardy has paid a working visit to some communities benefiting from the Livelihood Restoration Plan of the company, which are part of the Offshore Cape Three Points (OCTP) oil and gas development in the Western Region.

    Over 200 households in the area have since benefited from the projects, receiving the training and equipment to set up new businesses including cobbling, hairdressing, aquaculture, sheep rearing and vegetable production, with a particular focus on upskilling young people and women.

    Mr Hardy visited projects in the area around Sanzule which is next to the OCTP onshore receiving facility, through which the gas that will power Ghana for the next 15 years is distributed.

    The projects were developed by the partners Eni, GNPC and Vitol, working closely with the World Bank.

    Mr Hardy said; “Vitol is proud of its long history of working in Ghana. The success of these projects highlights small scale commercial and industrial opportunities within local communities and the real potential for growth in Ghana. We thank our corporate partners and the communities for all their hard work”.

    Vitol is an energy and commodities company; its primary business is the trading and distribution of energy products globally – it trades over seven million barrels per day of crude oil and products and, at any time, has 250 ships transporting its cargoes.

    Vitol’s clients include national oil companies, multinationals, leading industrial and chemical companies and the world’s largest airlines.

    Founded in Rotterdam in 1966, Vitol currently serves clients from some 40 offices worldwide and is invested in energy assets globally including: circa 18mm3 of storage across seven continents, 480kbpd of refining capacity and 5,000 service stations across Africa, Australia, Eurasia and in Northwest Europe. Revenues in 2017 were $181 billion.

     

    Profile photo of Graphic

    Graphic

    The Daily Graphic is a Ghanaian state-owned daily newspaper published in Accra, Ghana.
    With a circulation of 100,000 copies, the Graphic is the most widely read daily newspaper in the country
    Profile photo of Graphic

    Share this article

    Leave a reply

    Personality of the Month
    Follow Us Online
    About Us
    Reporting Oil and Gas project was launched on 4th June 2009 at Takoradi, Western Region, Ghana by Penplusbytes (www.penplusbytes.org) with the vision of providing a one stop online information and knowledge about Ghana’s oil and gas sector read more
    Events Calendar
    << Jan 2020 >>
    MTWTFSS
    30 31 1 2 3 4 5
    6 7 8 9 10 11 12
    13 14 15 16 17 18 19
    20 21 22 23 24 25 26
    27 28 29 30 31 1 2
    Twitter Activity Stream
     

    Partners We are proud to be associated with:

    Skip to toolbar