- The Norwegian ambassador to Ghana, Tore Nedrebø, has expressed his country’s readiness to provide technical expertise to Ghana so as to boost oil exploration in its western region.
The discovery of oil in Ghana has attracted the interest of so many countries. China, Germany, Austria, Norway and Vietnam have expressed their resolve to develop the country’s energy sector.
Ambassador Nedrebø made the assurances as he presented his letters of credentials to the Ghanaian President, John Agyekum Kufuor, in Accra on Wednesday. Mr Nedrebø represents his country in Nigeria as well.
Ghana’s Minister for Information, Kwamena Bartels, said the West African country did not want to join a league of failing African oil producing nations. In a nutshell, Ghanaian officials want to turn oil into blessing for all their citizens.
Ghanaian authorities had earlier set up six teams to study the experiences and challenges oil producing countries are faced with.
President Kufuor has accepted the diplomat’s invitation to deliver a keynote speech on the success of Africa at a Norway conference in October. Mr Kufuor promise to grab the opportunity to foster diplomatic ties between the two countries
International oil firms last June said they discovered huge oil deposits [one of the biggest deposits in Africa] in the western part of the Ghana.
Tullow Oil discovered 600 million barrels of light oil offshore from Ghana.
\"Based on evidence to date, ultimate reserves are likely to be materially in excess of previous estimates, with some high potential zones still to be drilled,\" Tullow Chief Executive Officer, Aidan Heavy, said, warning that it might take seven years before Ghana enjoys oil flow.
The flow of oil in Ghana will stop the country from spending over US $200 million on oil importation annually.
President Kufuor said in the absence of oil his country’s economy has been doing.
He was confident that oil would grease the wheels of Ghana’s economy because oil generates money.
afrol News - It is called "financial inclusion", and it is a key government policy in Rwanda. The goal is that, by 2020, 90 percent of the population is to have and actively use bank accounts. And in only four years, financial inclusion has doubled in Rwanda.
afrol News - The UN's humanitarian agencies now warn about a devastating famine in Sudan and especially in South Sudan, where the situation is said to be "imploding". Relief officials are appealing to donors to urgently fund life-saving activities in the two countries.
afrol News - Fear is spreading all over West Africa after the health ministry in Guinea confirmed the first Ebola outbreak in this part of Africa. According to official numbers, at least 86 are infected and 59 are dead as a result of this very contagious disease.
afrol News - It is already a crime being homosexual in Ethiopia, but parliament is now making sure the anti-gay laws will be applied in practical life. No pardoning of gays will be allowed in future, but activist fear this only is a signal of further repression being prepared.
afrol News / Africa Renewal - Ethiopia's ambitious plan to build a US$ 4.2 billion dam in the Benishangul-Gumuz region, 40 km from its border with Sudan, is expected to provide 6,000 megawatts of electricity, enough for its population plus some excess it can sell to neighbouring countries.
front page
| news
| countries
| archive
| currencies
| news alerts login
| about afrol News
| contact
| advertise
| español