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Exxon Buys Kosmos' Ghana Oil Field Stakes

Comment: Nana u are right !!!

Author:
Kaakyie_Nua
Date:
2009-10-06 17:05:34
Comment to:
Re: Exxon Buys Kosmos' Ghana Oil Field Stakes


This is the same Exxon/Mobil which packed up, sold its assets to Total and left town rather unceremonously. The question our politicians should be asking is this: Why do they want back in?
U see they got the daylight kicked out of them by Hugo Chavez and so they want to weasel their way back into Ghana and take advantage of us again.
While Ghana is open and receptive to mutually beneficial foreign investments, Prof. Mills and his team should make it abundantly clear to all commers including Exxon/Mobil that the "rules of the game" have changed and that the benefits of the oil find should should be enjoyed, first and foremost, by Ghanaians particularly the local inhabitants. For this to happen they should take steps to prevent excessive "Flipping" that is commonplace in the oil industry.
If Exxon/Mobil has come back to stay, then they are welcomed to help us develop our oil industry. If this is not the case, then they will be better off somewhere else. Perhaps in Alaska their own backyard.

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10-06 14:58
 
 
 
 
Nana u are right !!!
Kaakyie_Nua
10-06 17:05