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GNPC expectant of timely approval of modified Plan of Development

mr-alexander-mouldGhana National Petroleum Corporation (GNPC) is expectant of the timely approval of its recently modified Plan of Development – PoD expected to be submitted by the Jubilee Partners.

This, the Corporation says is crucial to facilitate the purchase of a mooring equipment required to offload crude oil from the FPSO.

Currently, GNPC is no longer be capable of offloading crude in a continuous and sustainable manner as it was originally designed.

Engineering work is currently underway to repair a turret bearing which got damaged last year on the vessel.

Speaking with JOY BUSINESS Chief Executive Alex Mould said the need for approval has become crucial following a recent proposed change in the offloading mechanism of the FPSO.

Source: http://www.myjoyonline.com/business/2017/January-23rd/gnpc-expectant-of-timely-approval-of-modified-plan-of-development.php

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