Monday, October 28, 2013

REPOST: French delegation shows interest in Ghana’s oil & gas sector

This article from GhanaBusinessNews.com talks about the GEP-AFTP, French Oil and Gas Suppliers Council's possible investments in Ghana's oil and gas sector. 


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A French Oil and Gas Industry Trade Mission is in Accra to explore the possibility of investing in Ghana’s oil and gas sector.

The GEP-AFTP, French Oil and Gas Suppliers Council, led by the Business Development Manager, Claude Bouty, as part of the visit, on Monday, called on the Minister of Energy and Petroleum, Mr Emmanuel Armah-Kofi Buah, at the Ministry in Accra.

A statement issued by the Ministry and copied to the Ghana News agency on Tuesday said the delegation was accompanied by Madam Cecile Vignaud, Deputy French Ambassador to Ghana.

Mr. Bouty said they were in the country to explore business opportunities, particularly in the oil and gas sector.

According to him, Ghana continues to attract more companies due to its political stability, stating that, they will engage with their Ghanaian counterparts to look at investment opportunities.

He said the GEP-AFTP represents the interests of about 180 suppliers of equipment and services to the international oil and gas industry, which have a significant activity in France.

Mr Buah said Ghana’s relationship with France has been solid and is growing stronger; adding that, the record of French companies operating in Ghana is something to be proud of.

He said the government of Ghana is bent on ensuring transparency in the oil and gas sector and has passed laws to guide its operations in the industry.

“We are fully committed to the ideals of the Extractive Industries Transparency Initiative,” he said.

The Minister further stated that the country is taking seriously, its local content policies and is making sure that Ghanaians and Ghanaian companies are empowered through capacity development and skills and technology transfer.

He welcomed the delegation and encouraged them to explore business opportunities, adding that, ‘we shall work together to ensure shared value’.

Source: GNA

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This Dr. Ali Ghalambor Twitter account offers more updates about the oil and gas industry.

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