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Fuel price debate drives Oil and gas news on Wednesday September 20

Wednesday September 20, served the oil and gas news stands with some stories which made headlines.

Graphic Online reported ‘GNPC to insure oil interests… ‘According to the Graphic Business issue of September 12-18, 2017, the two have plans to insure the Tweneboa-Enyera-Ntomme (TEN) field with an insurance policy at a premium of US$6.8 million!

Also, Myjoyonline disclosed OMCs adjust fuel prices at pumps by ‘stunning’ 8%. According to the news portal, some Oil Marketing Companies (OMCs) have begun reviewing prices of their petroleum products following recent hikes in crude oil prices on the international market, Joy Business has learnt.

‘Akufo-Addo hails 1000MW gas deal with GAZPROM’ was captured by the BFTonline.This they explained , President Nana Akufo-Addo has described the Liquefied Natural Gas (LNG) sales agreement reached between the Ghana National Petroleum Corporation (GNPC) and Russian energy giant GAZPROM as “positive” and “one that is going to play a very important role in the economic life of Ghana.”

Per the agreement, GAZPROM, the world’s largest natural gas company, is expected to provide the country with gas capable of adding up to 1,000 MW to power supply.

Furthermore, classfmonline Sale of VRA thermal plants needless – Workers. The news portal disclosed Workers of the state power producer, the Volta River Authority (VRA), say the proposed sale of its thermal plants by government is needles because that will not solve the problems of the VRA.

 

In Ghana’s state newspaper, daily graphic reported Generate more revenue to sustain free SHS : Asamoah Boateng urges BOST ,GRIDCO  on Page 29.

 

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