பெட்ரோலியம் மையம் வளர்ச்சி நிறுவனம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana
GFZA to forge stronger ties with Petroleum Hub Corporation
graphic.com.gh - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from graphic.com.gh Daily Mail and Mail on Sunday newspapers.
The Petroleum Hub Will Be A Game Changer - Shadrach Owusu
peacefmonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from peacefmonline.com Daily Mail and Mail on Sunday newspapers.
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Ghana’s weak downstream oil sector ranks it 5th out of 19 Sub Saharan African countries, according to Fitch Solutions Downstream Oil & Gas Risk/Reward Index.
The nation is also ranked 57th globally out of 92 nations as its Petroleum Hub Development project has been described as overambitious.
“Although it [Ghana] scores slightly higher than the regional average, Ghana’s limited refining capacity and low utilisation rates, combined with its under-developed regulatory framework, mark it as an unattractive area for private investment.”
“However, if the necessary funding for the Petroleum Hub Development can be obtained, the project offers significant upside to Ghana’s RRI [Risk Reward Index] position and the future of its downstream sector”, it pointed out.
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The election in Ghana sets the path for continuity but there are challenges ahead for the incumbent, who will continue to face difficulties in the power sector.
Ghanaian President Nana Akufo-Addo won the election, receiving a mandate for another four years with 51.6% of the vote. His rival, John Mahama won 47.4%.
Akufo-Addo’s New Patriotic Party (NPP) has 137 seats in the parliament, while the opposition National Democratic Congress (NDC) received 136 seats, as of December 10. There is one independent and the results from one seat was outstanding.
There were some challenges in the election and the opposition has objected to the results.
Continuity and challenges for Ghana’s returning president
The election in Ghana sets the path for continuity but there are challenges ahead for the incumbent, who will continue to face difficulties in the power sector.
Celebrations for the re-election of Ghanaian President Nana Akufo-Addo
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The election in Ghana sets the path for continuity but there are challenges ahead for the incumbent, who will continue to face difficulties in the power sector.
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