Ghana to provide technical support to Guyanese oil industry – NationNews Barbados – nationnews.com

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President of Guyana Irfaan Ali. (GP)

GEORGETOWN – The West African nation of Ghana will soon be providing technical support to Guyana in the areas of local content, sovereign wealth fund (SWF) or oil money legislation, as well as the much anticipated gas development at energy.

This was announced by President Irfaan Ali who was speaking at a press conference on Friday.

He said the first phase of a technical team from Ghana, which is expected to arrive early in the coming month, will include CEOs and oil and gas experts, and immediately start working with his Guyanese counterparts.

“It is also expected that the Vice President of Ghana will visit Guyana this year, and it is expected that the President of Ghana will attend the oil and gas conference scheduled for 2022,” Ali said.

In addition, the Head of State indicated that a team of investors will visit Guyana to establish partnerships with local counterparts in various investment opportunities. Ghanaian private sector investors, Ali said, have various fields of interest, including agriculture, mining, tourism and food production.

“We hope that the local private sector can actively participate and create an environment conducive to the prosperity of this partnership.

Earlier this month, Vice President Dr Bharrat Jagdeo led a delegation to Ghana and met with President Nana Akufo-Addo and Vice President Dr Mahamudu Bawumia.

In September, during the opening of the general debate of the 76th United Nations General Assembly, Presidents Ali and Akufo-Addo met and discussed several issues of mutual interest, including oil and gas, change climate and environment, capacity building and training.

The two commitments were aimed at fostering enhanced cooperation between the two oil-producing states. (CMC)


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