Breaking
education newsGhana's Parliament has ratified an agreement between the governments of Ghan.. 38
education newsThe cultural development among Commonwealth countries is one of the aims of the .. 41
education newsA 42-year old Science and ICT tutor of the T I Ahamadiya Senior High School in K.. 73
politics newsJoe Biden just took the oath of office. He was sworn in by Chief Supreme Court J.. 119
extra newsTwitter has suspended President Donald Trump from its platform, the company said.. 104
extra newsFacebook CEO Mark Zuckerberg said in a post that the social media giant was bann.. 145
  • Photo Gallery
  • Contact us
  • Login
  • Covid19 Cases
  • Confirmed
  • Deaths
  • Recovered
  • Recovery(%)
Weather Ghana, °C
392 954 118 1.9k
Show Menu
  • Home
  • News
    • Financial
    • Business
    • Social
    • Extra
    • Politics
    • Health
    • Education
    • Opinion
    • Religion
    • Science
    • Technology
  • Sports
  • Entertainment
    • Music
    • Movie
    • Gossip
  • Institutions
  • Blogs
  • Classifieds
    • Events
    • Auto
    • Real Estate
    • Announcement
  • Lifestyle
    • Gadgets
    • Recipes
  • Ghana
    • eDocuments
  • Jobs
  • Contact us

1st Oil From Jubilee Fields On Wednesday

14 Dec 2010 514 news, business

The Euphoria for the first production of the oil from the Jubilee Field is high as Ghanaians wait patiently to celebrate the blessings on Wednesday December 15 2010, with fun fair, pomp and pageantry. Radio Ghana caught up with the Deputy Minister of Energy in Charge of Petroleum, Emmanuel Kofi Buah who commended the technical team and other stakeholders for doing a good job within a scheduled time frame. Mr. Buah also commended the government for introducing the Revenue Management Law to prudently and transparently manage the oil revenue for the benefit of all Ghanaians. He said this level of transparency is unmatched and has attracted international commendation. On security at the Jubilee oil field, Mr. Buah said enough security arrangement has been done to ensure that the oil find is a blessing. Meanwhile, Ghanaians have been speaking about how they feel as they expect the first commercial quantity of oil to be pumped out of the Jubilee Oil Fields. While some say it is another blessing God has bestowed on the nation, others are very much concerned with the issue of collateralisation of the oil and asked government to tread cautiously. First, Dan Markin, Chairman of the Railway Governing Board expresses his joy. A banker, Alhaji Baba also believes it is good news to produce oil but cautioned Ghanaians not to expect too much. A member of the Board of Ghana Energy Commission, Kofi Wayo, was not happy that government has not been able to put up a refinery at Takoradi to process the oil for maximum benefit. The Executive Director of Ghana Integrity Initiative, the Local Wing of Transparency International, Vitus Azeem, says he is pleased that Parliament is going through the legal framework to come out with a relevant law to regulate the drilling of oil.




Source: BBC



Prev article
Next article

0 Comments

view all comments

Related

business news

Should Africa Consider the Nuclear Energy Route? 474

business news

Parliament passes COVID-19 National Trust Fund bill 42

business news

GN Savings would have been liquid if govt paid its debts Nduom 335

business news

Why the BoG closed down Ideal, Midland, GN, Unicredit, 19 others 332

business news

Fear Grips Local Bank Owners 412

Gadget Reviews

Bevy photo-sharing device 225

Gadget Votes: 1 |5 out of 5
1/7/2016

Samsung's Family Hub Fridge 265

Gadget Votes: 1 |5 out of 5
1/7/2016

oombrella 252

Gadget Votes: 1 |3 out of 5
1/29/2016
View more articles

Tag Cloud

social politics business opinion sports education health technology religion extra science Classifieds Jobs

Photo Gallery

Send Email

Write a Comment


Resident Manager

All Ghana Data, P. O. Box Ah 9182, Ahinsan, Ashanti, Ghana
+233 27 872 7027
i-desk@allghanadata.com

Popular Articles

Idris Elba almost died in Ghana474

27 Nov 2015

Lucky Dube’s Daughter To Rock Ghana1690

16 Nov 2011
View more articles

Popular Categories

  • news
  • institutions
  • entertainment
  • blogs
  • recipes
  • classifieds

Random Selfies Feed

View Gallery
  • Home
  • Privacy
  • Classifieds
  • Lifestyle
  • Jobs
  • Sitemap
  • Contact us

©Copyright 2002-2021 All Ghana Data All Rights Reserved | Powered by SASCMS