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


News in Brief

Parliament Okays Ghana Oil and Gas Free Port Project

  • SOURCE: | qwesa2big
  • parliamentParliament has given the green light for the Ghana oil and Gas Freeport project with its approval of the contract agreement.

    The commercial agreement is between government, Lonrho Ports, Ghana limited and Atuabo Freeport Ghana Limited.

    Presenting the report of the joint committees of Finance and Roads and Transport, the Chairman of the Finance committee, James Avedzi said the terms and conditions of the agreement were duly assessed.

    He said the agreement needed a little fine tuning especially to ensure government has the discretion on the type of cooperation extended to the operator in arranging for the project.

    The Ranking member on the Roads and Transport committee, Kwabena Owusu-Aduaomi out rightly advocated the cancellation of the commercial agreement.

    He said the activities of the Atuabo Port will thwart the regeneration of the Takoradi Port.

    He also indicated the potential hazards the creation of the Atuabo Port will bring to its immediate environment.

    The MP for Shama, Gabriel Essilfie, however had a contrary view.

    He noted that Sekondi-Takoradi is already a sprawling city and the nation stands to benefit immensely from the Atuabo free port.

    Source: GBC

    Get the latest news and updates on Ghana’s oil and gas value chain by following us Reporting Oil and Gas on twitter @oilgasghana and like our facebook page and get at us on Google+. Subscribe to our group to get update

    Leave a reply

    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
    Twitter Activity Stream
     

    Partners We are proud to be associated with:

    Skip to toolbar