Graphic Online: World Bank Approves $700m for Gas Exploration in Western Region
Ghana's oil and gas industry has received a boost following the World Bank’s approval of $700 million for exploration of oil and gas offshore Cape Three Points in the Western Region.
Italy's largest oil company, ENI Spa, and its partners are expected to utilise the amount for drilling and other works.
The Minister of Energy and Petroleum, Mr Emmanuel Armah-Kofi Buah, told the Daily Graphic in an interview in Accra at the weekend that “the government is excited because the development of Ghana’s oil and gas fields would go a long way to further boost the economy”.
Read the full article HERE.