ADVERTISEMENT
Get Started
  • About Homebase Tv | Hbtvghana.com
  • Advertise
  • Broadcast Live
  • Disclaimer
  • Privacy & Policy
  • Terms and Conditions
  • Vacancies
  • Contact Us – Connect With Us
Homebase Tv - Hbtvghana.com
  • Home
  • General News
  • Business News
  • Health
  • Life & Style
  • Politics
    • Press Release
    • Parliament
  • Sports
No Result
View All Result
  • Home
  • General News
  • Business News
  • Health
  • Life & Style
  • Politics
    • Press Release
    • Parliament
  • Sports
No Result
View All Result
Homebase Tv - Hbtvghana.com
No Result
View All Result
ADVERTISEMENT
ADVERTISEMENT

Establishment of petroleum hub in Ghana is game changer – Energy Minister

Tue, Sep 7 2021 12:40 PM
in Business News
Establishment of petroleum hub in Ghana is game changer – Energy Minister

The riser platform stands on the Johan Sverdrup oil field off the coast of Norway in the North Sea, on Tuesday, Dec. 3, 2019. Sverdrup's earlier-than-expected start in October broke a long trend of underperformance for Norway's overall oil production.

0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on TelegramShare on Whatsapp
ADVERTISEMENT

Energy Minister Dr Mathew Opoku Prempeh has said that the establishment of a petroleum hub in Ghana will propel economic growth and prosperity for the people of this country.

He said this creation will boost the petrochemical industry of the local economy.

The establishment of the hub was given a major boost when the Paramount Chief of Western Nzema Traditional Area, Awulae Annor Adjei III made lands available for the project.

The government needed about 20,000 acres of land along the coast of Western Nzema to establish the Hub, land that have since been made available by the chiefs.

Addressing the newly inaugurated board of the Petroleum Hub Development Corporation in Accra on Tuesday September 7, Dr Opoku Prempeh said “The petroleum hub is one of Ghana’s strategic interest and initiatives to serve as a major pillar of growth for the Ghanaian economy.

“I dare say that since the advent of the 4th Republic every president has done his bid to promote value addition for our raw materials, but we believe that the petroleum hub is the game changer in that direction.

ReadAbout

Energy Minister John Jinapor engages Chevron on boosting upstream investments

Energy Minister John Jinapor inaugurates new GNPC Foundation board

Future of African energy must be shaped by Africans – Energy Minister

“We believe that this hub will accelerate the growth of the petroleum downstream sector and be a major player in our economy and consequently ensure the development of sustainable wealth creation and progress and prosperity of this country.

“We hope that we are going to build refineries, petrochemical industry, fertilizer plants, gas to liquid industry, plastic industry and everything conceivable, we add value to it. This will transform the economy of this country.”

Board chairman of the corporation, Awulae Annor Adjaye III said “Today is a very important day in the history of Ghana. Why because, the upstream and downstream petroleum agenda, some of us are with them in the Eastern and Western region.

“I think that the petroleum hub is a key factor to ensure that government gets enough from the money they have been investing in the area and in the oil and gas.

“I am only pleading with members of the board , I have read your background and I know that you are all men of intelligence and competence and you have knowledge to share at any meeting to enable us achieve the object for which the president has assigned us.”

Source: 3news

About Author

c16271dd987343c7ec4ccd40968758b74d64e6d6c084807e9eb8de11a77c1a1d?s=150&d=mm&r=g

hbtvghana

See author's posts

Discover interesting ones too

SME GO Project

NEIP commences ambitious SME GO Project to Support Micro-Businesses

3
NEIP Launches Skills For Jobs Project to Reduce Youth Unemployment

NEIP Launches Skills For Jobs Project to Reduce Youth Unemployment

13

NEIP Hosts 5th Edition of Presidential Pitch, Awards Top Young Entrepreneur

NEIP Empowers Young Kayayei With Working Equipment

NEIP Launches Presidential Pitch Session 5

Government To Commence Work On US$450m Manganese Refinery At Nsuta 

GIPC Launches 21st Ghana Club 100 Awards at CEOs Breakfast Meeting

General Construction, Manufacturing and Quarries Workers Union Holds 2nd Quadrennial Delegates Conference

BADEA’s “Arab–Africa Financial Consortium” to Propel Continent’s Rapid Development

Massive chaos over Russian 600000 barrels of crude shipped to Ghana | Details

  • Dr. Musah Abdulai: If the Chief Justice returns: Will it lead to reset, redemption, or rupture?

    Dr. Musah Abdulai: If the Chief Justice returns: Will it lead to reset, redemption, or rupture?

    0 shares
    Share 0 Tweet 0
  • Farewell, River Ayensu

    0 shares
    Share 0 Tweet 0
  • OSP declares former Finance Ministry Advisor wanted over SML corruption probe

    0 shares
    Share 0 Tweet 0
  • We are coming for you – CID boss tells criminals

    0 shares
    Share 0 Tweet 0
  • Ghana and Japan agree to pursue UN Security Council reforms

    0 shares
    Share 0 Tweet 0
ADVERTISEMENT
ADVERTISEMENT

Follow Homebase Tv

  • About Homebase Tv | Hbtvghana.com
  • Advertise
  • Broadcast Live
  • Disclaimer
  • Privacy & Policy
  • Terms and Conditions
  • Vacancies
  • Contact Us – Connect With Us

© 2014 Total Enjoyment & Proper News

No Result
View All Result

© 2014 Total Enjoyment & Proper News

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT

Add New Playlist

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.