Ghana commits to helping Guyana build capacity in Oil & Gas Sector

  • The Government of the Republic of Ghana has pledged to support Guyana in the development of its Oil and Gas Industry through capacity building. President of Ghana, Nana Addo Dankwa Akufo-Addo, offered his support on Tuesday when he led a high-level delegation into bilateral talks with President David Granger and his ministers at State House.
  • President Akufo-Addo gave a clear commitment to have Oil and Gas experts from Ghana travel to Guyana to assist in the development of the Oil and Gas Industry with a majority of the expense being covered by the Ghanaian Government. An agreement was also signed to abolish the visa requirement for citizens desirous of traveling between the two countries.
  • The President spoke about the establishment of a Ministry of Energy, and that it is going to require an expanded level of talent of persons and their skills. U.S oil giant, ExxonMobil, has made 13 oil discoveries to date in Guyana.  And with these significant developments in the budding Oil and Gas Sector, President Granger has said that a Minister of Energy would become a necessity; however, it will not be established before 2020.

 (Source: Guyana Chronicle)