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


NEWS

GNPC, Mitsui sign MoU for gas processing

  • POSTED ON: August 14, 2015
  • AUTHOR: Editor
  • CATEGORY:

b0a551305b862bce9179b90ec5903b47_LThe Ghana National Petroleum Corporation (GNPC) has signed a memorandum of understanding (MoU) with Mitsui and Co. Limited for the processing of raw natural gas from the Tano and other river basins in Ghana.

Mitsui and Co. Limited will become a facilitator and advisor on the development of the infrastructure and sending the gas to the market centres.

The acting Chief Executive of GNPC, Mr Alexander Mould, signed for the corporation while the General Manager of Mitsui, Mr Seung Yup Yu, initialled for his company.

A press statement signed by the Head of Communications of the Ministry of Petroleum, Mr Edward Abambire Bawa, stated that Mitsui, together with its engineering affiliates, will assist GNPC to carry out all the studies required for developments.

This includes a second processing plant, which will process natural gas from especially the Western or Tano Basin.

According to the statement, Mitsui’s work will be at no cost to the GNPC or the state.

Speaking at the ceremony, the Deputy Minister of Petroleum, Mr Benjamin Dagadu, recalled a presentation that was made by Mitsui for the possibility of a second gas processing plant and the ministry’s consequent directive to the GNPC to engage Mitsui on their proposal.

He stated that the pre-tender feasibility studies that Mitsui had been commissioned to conduct was at no cost to both the GNPC and the state.

He advised the GNPC and Mitsui to co-operate with each other to ensure that the current relationship developed into a bigger partnership.

Source: Graphic Online

Profile photo of Editor
Follow Us

Editor

Reporting Oil and Gas project was launched on 4th June 2009atTakoradi, Western Region, Ghana by Penplusbytes (PPB – www.penplusbytes.org) with the vision of providing a one stop online information and knowledge about Ghana’s oil and gas sector
Profile photo of Editor
Follow Us

Share this article

Leave a reply

Personality of the Month
  • Prof. Thomas Mba Akabzaa Chief Director of Ministry of Petroleum          …
Follow Us Online
Join the Discussions

Summary: Revenue mobilization from the oil sector for Agricultural production in Ghana, a myth or reality?

Agriculture, once considered the backbone of Ghana’s economy recorded a reduction of its contribution to GDP from 45% in 1992…

Responses Add your response


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
<< Aug 2017 >>
MTWTFSS
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 3
Twitter Activity Stream
 

Partners We are proud to be associated with:

Skip to toolbar