The decision follows an appeal by managers of the Korle-Bu Burns Centre, requesting GNPC to help deliver for the country, an ultra-modern ICU at the Centre.
GNPC has since set up an escrow account for the disbursement of the funds towards the work.
When fully operational, the rate of survival of patients, according to the Centre, is expected to increase from below 40% to a high of about 90%, as is the situation in developed countries with such ICUs.
The Ghana National Petroleum Corporation (GNPC) was established in 1983 by PNDC Law 64 to provide the institutional framework to support the Government’s objective of providing adequate and reliable supply of petroleum products and reducing the country’s dependence on crude oil imports, through the development of the country’s own petroleum resources.
Backed by the Petroleum (Exploration & Production) Law 1984, PNDC Law 84, which establishes the contractual relationship among the State, GNPC and prospective investors in upstream petroleum operations, the Corporation started operations in 1985. PNDC Law 84 also grants GNPC the right of entry into any open acreage to undertake exploration activities.