President John Dramani Mahama has appointed a board of directors for the Petroleum Commission, Ghana’s petroleum upstream regulator.
The new board is chaired by Mr. Ernest Thompson, Esq., a former Director-General of the Social Security and National Insurance Trust (SSNIT).
The other members are Madam Victoria Emeafa Hardcastle, Esq. (Ag. Chief Executive), Prof. Nana Ama Browne Klutse (Executive Director of the Environmental Protection Agency), Mr. Crisler Akwei Ankrah, Hon. Joseph Kwasi Mensa, Dr. Hasiyatu Abubakari, and Mr. Hassan Thompson Osman.
Swearing in the new board, Minister for Energy and Green Transition John Abdulai Jinapor charged the board to reverse the decline in Ghana’s oil reserves, boost overall oil production, and attract major international oil companies. Hon. Jinapor emphasized the importance of the board’s role in ensuring the sustainable development of Ghana’s petroleum resources.
He highlighted the need for strategic initiatives, innovative approaches, and robust regulatory oversight to achieve ambitious targets.
“The challenges of the upstream industry in Ghana have evolved over the years, with recent ones being arbitrations, investment droughts, and dwindling oil and gas reserves and production. Local content and local participation, particularly in the core business of oil and gas exploration and production, remains an issue the country is grappling with.”
“I implore you to be pragmatic and strategic in your decision-making so that collectively we can find lasting solutions to the issues bedeviling the industry,” Hon. Jinapor stated.
In response, the newly appointed Board Chairman, Mr. Ernest Thompson, speaking on behalf of his colleagues, expressed their commitment to the task ahead.
“We pledge to work diligently and tirelessly to ensure that Ghana’s oil production is increased, contributing significantly to the nation’s prosperity,” he stated.
Source: https://energynewsafrica.com
Discover more from Energy News Africa
Subscribe to get the latest posts sent to your email.