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Business News of Friday, 12 January 2018

Source: classfmonline.com

Ghana to create petroleum hub in 2018 - Energy Ministry

Boakye Agyarko, Energy Minister Boakye Agyarko, Energy Minister

The Ministry of Energy is hoping to advance the establishment of a Petroleum Hub in the downstream petroleum sector in 2018.

According to the ministry, the creation of this hub will accelerate the growth of Ghana’s petroleum sub-sector and make it a major player in the economy.

Speaking during an interaction with the various heads in the petroleum sub-sector, Energy Minister Boakye Agyarko said the advent of the petroleum centre will generate foreign direct investment for the country. He further charged the various CEO’S to live up to expectation in realising government’s vision of creating a reliable power supply.