The President, Nana Addo Dankwa Akufo-Addo, has charged ExxonMobil to replicate it high standards of operation in Ghana to enhance the competitiveness of the country’s oil and gas sector, urging Parliament to act expeditiously in approving the transaction set out in the country’s petroleum exploration agreement.
“We are determined to work with you to make sure that the benefit of the investment that you are going to make in our country is benefiting the people of Ghana. Ultimately, they are the beneficiaries of what you are going to be doing”, the President said.
He added that: “The paper stuff is over. We want to see people actually working on the ground as soon as possible, and we are going to crave the indulgence of Mr. Speaker and Members of the House, also, to make that contribution, so that we can get on.
Welcoming officials of Exxon Mobil to the Flagstaff House, after the signing of a petroleum exploration agreement, President Akufo-Addo assured officials of Exxon Mobil of his government’s commitment to helping them succeed in their operations, and urged them to “respect the terms of the agreement.”
He noted that the close co-operation between Ghana and the world’s largest publicly traded international oil and gas company, Exxon Mobil, will be instrumental in developing Ghana’s oil and gas industry. “I’m particularly happy about this occasion because I think that what you represent is something that will go towards enhancing the development of our own energy industry”.
The Minister for Energy, Boakye Agyarko, noted that, in Exxon Mobil, “we couldn’t have found a better partner” to begin work in the Tano basin. We are working in deep waters which are technically challenging and it is our good fortune that we found them as partners to work with, we have signed an agreement with Exxon Mobil and as soon as the local partner signs we will go to parliament for the necessary ratification before it becomes effective.”