Ghana signs US$12 billion deal to develop first phase of Petroleum Hub project

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John 2 years ago

And Dangote used $19b to construct the biggest refinery in Africa

And Dangote used $19b to construct the biggest refinery in Africa
Sly 2 years ago

Wow, these guys calling big monnies and most it ends up like 419

Wow, these guys calling big monnies and most it ends up like 419
Chase 2 years ago

True. Big money talk

True. Big money talk
Gustavo 2 years ago

We knew it. However if there is No palimentry approval it will be quashed. Kelvin said it. The thievery and under the table is too much in this government.

We knew it. However if there is No palimentry approval it will be quashed. Kelvin said it. The thievery and under the table is too much in this government.
Ghanaian 2 years ago

Oh God, please help us. They are bringing something again.

Oh God, please help us. They are bringing something again.
Don King 2 years ago

THIEVES

THIEVES
Everything 2 years ago

Sometimes i wonder as to whether some of us just comment without reading or we actually read but we don't understand what we read. If Dangote uses $19billion for one refinery and the government of Ghana is using $60billion fo ...
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Sometimes i wonder as to whether some of us just comment without reading or we actually read but we don't understand what we read. If Dangote uses $19billion for one refinery and the government of Ghana is using $60billion for 3 refineries, 5 petrochemical industries and even more, how does someone with sound call it a 419 project or even thinks Dangote's deal is better than this deal?
Buertey 2 years ago

We read it very well . How can such project take 12years?

At most 5years will sound better.

We read it very well . How can such project take 12years?

At most 5years will sound better.
Kwabena 2 years ago

odwan its because nigeria is 5 times the size of ghana. Also nigeria has a bigger population. Another question you must ask yourself is why is ghana importing gas from nigeria for electricity when akosombo dam is supposed to ...
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odwan its because nigeria is 5 times the size of ghana. Also nigeria has a bigger population. Another question you must ask yourself is why is ghana importing gas from nigeria for electricity when akosombo dam is supposed to provide us with electricity mmoa.

Kenneth 2 years ago

Dangote's refinery has a production capacity of 650k bpd, our three refineries produce 300k together, connect thr dots now..

Dangote's refinery has a production capacity of 650k bpd, our three refineries produce 300k together, connect thr dots now..
Earl 2 years ago

The UK company "TOUCHSTONE CAPITAL GROUP HOLDINGS LIMITED" is dormant. It has £1.000 in share capital, which has not been paid.

UIC Energy Ghana Ltd is a subsidiary of a Singapore company owned by Ken Kanyagui.

China ...
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The UK company "TOUCHSTONE CAPITAL GROUP HOLDINGS LIMITED" is dormant. It has £1.000 in share capital, which has not been paid.

UIC Energy Ghana Ltd is a subsidiary of a Singapore company owned by Ken Kanyagui.

China Wuhan Engineering Co. Ltd is a merited, big chemical production company.

China Construction Third Engineering Bureau Co. Ltd is a wholly owned subsidiary of one of China's biggest construction companies.

But what is the role of these companies, and what is the role of the state (and the chief)? The article says nothing about this, but one could assume that the empty Touchstone company and Ken Kanyagui together will own the factory and that the Chinese will build it. The state of Ghana might foot a big part of the bill, but the article does not say how big. Neither does it say whether the state of Ghana will retain an ownership share.
Dreaming to become a criminal 2 years ago

It made mention of a private led development

It made mention of a private led development
Kk 2 years ago

Signing ceremony paaa? Herh i swear, God has no hand in our creation. we are foolish paapa...

Signing ceremony paaa? Herh i swear, God has no hand in our creation. we are foolish paapa...
Election SMOKE 2 years ago

Frenzy to get loans from anywhere for political campaign.

Frenzy to get loans from anywhere for political campaign.
Prof - I doubt this is true 2 years ago

Total project value was $US 60 B in 2017 and still the same in 2024?

So how did Ghana struggle to secure $US 3 ?

I doubt this is true.

Total project value was $US 60 B in 2017 and still the same in 2024?

So how did Ghana struggle to secure $US 3 ?

I doubt this is true.
Truth 2 years ago

Bullshit, the whole petroleum project is even how much and just a hub mbelesem!

Bullshit, the whole petroleum project is even how much and just a hub mbelesem!
CY 2 years ago

We should have been happy when you hear news like this, but we are all sad. Why? Because they have sold us all out to foreigners again for their cut.

It is always, " This project will do this or that," but nothing happens ...
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We should have been happy when you hear news like this, but we are all sad. Why? Because they have sold us all out to foreigners again for their cut.

It is always, " This project will do this or that," but nothing happens at the end of the day.

Look at the cocoboard. They will borrow billions and tout how that will help farmers. Then, they borrow the next year to buy the same beans they took loans to buy the previous year.
I am a Canadian citizen now, I only watch and laugh at the country called Ghana.
Sam 2 years ago

An excellent news indeed.
Other African countries are killing each other.
Well done Ghana.

An excellent news indeed.
Other African countries are killing each other.
Well done Ghana.
Maxxix 2 years ago

With our less than 150,000 capacity? Hahahaha, even saudi Aramco will choke

With our less than 150,000 capacity? Hahahaha, even saudi Aramco will choke

Ked 2 years ago

Who sings a major contract 6months to general elections?

Who sings a major contract 6months to general elections?
DKC 2 years ago

I shock. Meaning it will be a stalled project of they don't retain power

I shock. Meaning it will be a stalled project of they don't retain power
S.W. 2 years ago

Dangote says the mafia in the oil industry is stronger than the mafia in the drugs industry. Think about Dangote's statement and reflect on this petroleum hub project --- the oil mafia has come home to mafia us.

Dangote says the mafia in the oil industry is stronger than the mafia in the drugs industry. Think about Dangote's statement and reflect on this petroleum hub project --- the oil mafia has come home to mafia us.
Petroleum Mafia 2 years ago

Exactly my thought. The mafia found that the coming of Dangote refinery onboard, their days are numbered. Dangote is cutting them off, so they are running helter skelter with dubious strategies to dupe us a again...

Exactly my thought. The mafia found that the coming of Dangote refinery onboard, their days are numbered. Dangote is cutting them off, so they are running helter skelter with dubious strategies to dupe us a again...
Sold the entire country to foreigners 2 years ago

Why couldn't they formulate a consortium of Ghanaian industrialist in Ghana along with technical industry insiders of Ghanaian roots and build a refinery owned and operated by Ghanaians? Ghana is just a country in name only. ...
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Why couldn't they formulate a consortium of Ghanaian industrialist in Ghana along with technical industry insiders of Ghanaian roots and build a refinery owned and operated by Ghanaians? Ghana is just a country in name only. We get rid of the British and then recolonize ourselves. Ghanaians are the biggest coons in ECOWAS. Dangote along with other Nigerian investors own majority of his new refinery.
It won't go anywhere 2 years ago

Nice picture though... The cameraman dey bee

Nice picture though... The cameraman dey bee
Akua 2 years ago

SIGNING CONTRACTS ON THE EVE OF DEPARTURE ???????

SIGNING CONTRACTS ON THE EVE OF DEPARTURE ???????
bitter truth#1 2 years ago

good news for western region..finally the western region is also going to get a fair share of the national devt cake..all those writing negative comments, we are not ready for the negativity yet..WESTERN REGION,TH RICHEST Reg ...
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good news for western region..finally the western region is also going to get a fair share of the national devt cake..all those writing negative comments, we are not ready for the negativity yet..WESTERN REGION,TH RICHEST Region in africa deserve better..kudos to everyone involved in this project..we ont wnt lip services..we want it to happen
A.K. Moses 2 years ago

Creating 780,000 jobs directly or indirectly?? Is it going to replace the the existing labor force already in the petroleum sector??. Note that the 780,000 jobs to be created is already comparable to the entire public sector ...
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Creating 780,000 jobs directly or indirectly?? Is it going to replace the the existing labor force already in the petroleum sector??. Note that the 780,000 jobs to be created is already comparable to the entire public sector labour labor force in the country !!!. We should be realistic.
Dangotes $3 billion produces 650,000 barrels per day 2 years ago

So why do we like inflating costs here in Ghana? We keep mentioning big big figures for very little so we are where we are with bad and poorly done roads that give way to MAN HOLES 2 years after construction. What's going on ...
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So why do we like inflating costs here in Ghana? We keep mentioning big big figures for very little so we are where we are with bad and poorly done roads that give way to MAN HOLES 2 years after construction. What's going on here?

Petroleum sector 2 years ago

Will the project continue when there is a change of government?

Will the project continue when there is a change of government?

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Ghana signs US$12 billion deal to develop first phase of Petroleum Hub project

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