Norway approves $10m for Ghana’s oil industry • The Norwegian Government has approved the second tranche of $10 million to support the development of Ghana’s oil industry over the next five years. • The second tranche is to support the capacity building of Ghanaians for the oil and gas sector. The first component of $6 million ends this year. • Approval of the $10 million grant for 2015-2019 was one of the highlights of President Mahamas visit to Norway. • During the visit, the President attended a number of business summits and an energy seminar, where more than 400 Norwegian businesses expressed interest in doing business in Ghana, particularly in the energy sector. • President Mahama announced shortly before departing for Ghana that the visit had really paid off. • During a visit to the Norwegian Petroleum Department in Scavanger, Norway, the President was told that a number of Ghanaians from the Ministry of Environment, Science and Technology, Petroleum Commission, and the Environmental Protection Agency were undergoing capacity-building programmes under the first grant of the oil for development project.
Posted on: Tue, 04 Nov 2014 06:40:43 +0000
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