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Tag Archives: GNPC

We can’t accept the blame for Thursday’s power cut – ECG MD replies GNPC

The Electricity Company of Ghana (ECG) says it can also not accept blame for Thursday’s power cut experienced in some parts of the country. On October 26, the Ghana Grid Company Limited (GRIDCo) in a statement explained that the cause of the power cuts was due to limited gas supply …

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Freddie Blay bows to pressure, ceases moves on GNPC-PetroSA deal

After what has seemed like pressure mounted on Freddie Blay, the Board Chairman of the Ghana National Petroleum Corporation (GNPC), he has indicated that he is no longer pursuing the offer of having PetroSA get an equal split in the interest held by GNPC’s subsidiary Jubilee Oil Holdings Ltd. According to …

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PetroSA-GNPC deal: I’d rather be fired than to resign – Freddie Blay replies CSOs

Freddie Blay, Board Chairman of the Ghana National Petroleum Corporation (GNPC) has reacted to calls by a group of Civil Society Organizations (CSOs) calling for him to be immediately dismissed by President Nana Addo Dankwa Akufo-Addo. Blay, a former New Patriotic Party (NPP) chairman in an interview with Citi FM …

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Fmr. GNPC boss K.K Sarpong to be sworn in Offinso Paramount Chief

The Kingmakers of the Offinso Traditional Council in the Ashanti traditional area have unanimously nominated former Chief Executive Officer of the Ghana National Petroleum Company (GNPC) Kofi Kodua Sarpong known in private life as Dr KK Sarpong as the successor of the late Paramount Chief of the area Nana Awiafe …

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KK Sarpong leaves post as GNPC CEO after five years

The deputy CEO in charge of technical operations at the Ghana National Petroleum Corporation, Opoku Ahweneeh Danquah, is now the substantive boss of GNPC. He takes over from Dr KK Sarpong, who steps down this week after serving in the role for five years. Dr. Sarpong’s contract expired earlier this …

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I haven’t been sacked – GNPC Boss

The Chief Executive Officer(CEO) of the Ghana National Petroleum Corporation (GNPC), Dr. K.K Sarpong, has debunked speculations that President Nana Akufo-Addo has dismissed him from office. Peace FM’s ‘Kokrokoo’ programme host, Kwami Sefa Kayi, in an interview with the GNPC Boss on Thursday, August 12, 2021, asked him about some …

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GNPC demands urgent parliamentary approval of $1.65b for oil exploration

Ad • GNPC seeks the loan to purchase two stakes in Ghana’s offshore fields • Energy Minister Matthew Opoku Prempeh makes the demand in a memorandum for GNPC • GNPC hopes to produce an extra 200,000 barrels of crude oil and wants parliament to treat the request as urgent A …

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NDPC develops the Ghana Macro-Economic Model

The National Development Planning Commission (NDPC) has developed a macro-economic model to determine Ghana’s growth strategy. The model, which has been named Ghana Macro-economic Model (GMM), will be used to transform key sectors of the economy such as agriculture, industry and the services sector by setting sector-specific growth targets, policy …

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Auditor General indicts GNPC for failing to recover over GHs700m from Gov’t

The Auditor Generals Department in its 2017 report on public boards has indicted management of GNPC for failing to recover an amount of GhC 778,565,761 from government and other state owned enterprises. The amounts owed by government of Ghana, Finance Ministry, TOR, Ghana Gas have been outstanding since 2015. Appearing …

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Fantekrom to get six-unit classroom block as Barbara Oteng-Gyasi cuts sod for construction

The Fantekrom community in the Prestea Huni-valley Constituency in the Western Region was on Tuesday, 10 March, 2020 elated when Lawyer Barbara Oteng-Gyasi, Member of Parliament (MP) for the area cut sod for the commencement of an ultra-modern six-unit classroom block. The project which is expected to be completed within …

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