Ghana NewsPolitics

We will not Allow Government To Sell Any Part Of Ghana’s Oilfields To Foreign Company – Minority




The government’s effort to enable an offshore corporation to control any part of Ghana’s Jubilee and TEN oil fields will be met with opposition, according to the Minority in Parliament.




John Abdulai Jinapor, the Minority’s energy spokesperson and Ranking Member on the Mines and Energy Committee, stated in a statement that the interests of Ghanaians will be emphasized in all decisions made by Parliament.





“The Ghana National Petroleum Corporation’s intention to acquire 7% of the Jubilee and TEN oil fields ceded to it by Kosmos Energy as part of a $750 million acquisition of Oxy’s shareholding in October 2021 has been closely watched by the Minority in Parliament.”

“We’ve also learned of the formation of an offshore company in the Cayman Islands to hold the 7% shareholding, with the GNPC’s Chief Executive and Board Chairman functioning as the company’s Directors,” he added in a statement.









I'm oheneba francis |Blogger & Broadcaster Journalist. I am the editor and writer of this noble website. I publish on Entertainment, Sports, Politics, Lifestyle, and Technology. Email Address: [email protected]

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button