Government Will Be Fair In Bidding Process – John Peter Amewu Assures Investors

0

Energy Minister Hon. John Peter Amewu has assured that government would be fair in determining which oil companies are granted exploration rights for the six oil blocks in the Western Basin.

Addressing a well-patronized roadshow in Cape Town, South Africa at the climax of the Africa Oil Week, he said government was ready to do business with any oil company irrespective of location

Mr. Amewu, however, said government would not renege on its local content agenda.

He said government expects the companies that will win the tenders to explore for oil and gas in Ghana to quickly align themselves with some of the strategic goals in building the capacities of the country.

“I would also like to remind you that it is legally mandatory to partner with indigenous Ghanaian companies to undertake petroleum activities in our country. It is therefore important to study our local content regulations and standards far in advance to ensure alignment with our local requirements”, Mr. Amewu said in his speech.

 

LEAVE A REPLY

Please enter your comment!
Please enter your name here