The Minister of Energy, Dr Mathew Opoku Prempeh, has unveiled Ghana’s pavilion at the Offshore Technology Conference (OTC) 2021.
This year’s Offshore Technology Conference(OTC) is happening in Houston, Texas, USA.
Dr. Prempeh inaugurated the event on Monday, August 16, 2021, to mark the official unveiling of Ghana’s deputation pavilion at the OTC.
He was joined by honchos of the Ministry of Energy and important sector agencies for the grand opening event.
The Ghanaian devolution is expected to project the huge investment opportunities in Ghana’s oil and gas sector.
The Offshore Technology Conference is a yearly event that issues an opportunity for energy pros to meet to barter ideas and opinions to develop scientific and technical knowledge for offshore resources and environmental matters.
The Offshore Technology Conference has expounded technically and globally with the Arctic Technology Conference, OTC Brazil, and OTC Asia.
Stating at the event, the minister said “we have the most exciting opportunity coming, called the Petroleum Hub of Ghana where a huge area of Ghana’s land has been acquired through executive instrument for companies to come and invest in the petroleum chemical sector, basically in the downstream sector, whether is plastic, fertilizer, lubricant among many others.”
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According to him, it will provide a suitable environment for investors to engage in to create more jobs in Ghana to better the country’s economy.
He included that there are well fined negotiations and operators in Ghana and even discovering more oil and gas than expected.
He further said that Ghana gas continues to exist as one of the companies on the downstream sector providing gas for the nation adding that the country has polished concession and operators in discovering more oil and gas.
Dr Prempeh explained that the country has the special tax for industries that will utilize the gas, for companies like fertilizers, plastics, glass, cement, power, iron ore to steel and bauxite to aluminum and so on.
He called on investors to invest in Ghana’s oil and gas sector to create vast opportunities in the energy sector in advancing economic development.
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