Veep Advocates PPPs for Oil

Vice President John Dramani Mahama has said government and the private sector should work together in finding the required resources to develop Ghana�s nascent oil and gas sector.Ghana has been looking for investments in a gas infrastructure to enable it harness gas resources from its oil production for the generation of electricity and development of a petrochemicals industry.The country recently obtained a US$10billion facility from the China Development Bank, of which US$3billion is set to be drawn this year for commencement of work on the gas infrastructure, among others.Addressing the opening session of the Third Ghana Summit, Vice President Mahama said government and the private sector need to work more closely to speed up development of the sector.

 
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