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WHERE is our profit if the materials or tools used to prospect the oil is more expensive than the VALUE of the product itself.
That's another way for these multinationals to rip the Ghanian people.
MODEC built the country's first FPSO for the Jubilee field at a cost of 750 million dollars.So how much will the second FPSO cost?
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The oil is ours, yet foreign companies are negotiating over our heads as to how the oil is to be exploited. Inevitably the profits from the oil will largely go to these same foreign companies, leaving us with a pittance.
W ...
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Mr President you have dont been fair to Ghanaians at all.If you are a genenuine man as you want every body to believed why did n't you use part of the loan from China to buy the second FPSO for our nation to be the sole owne ...
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I hate to hear that Tullow and partners.meaning Ghana Govt is a Useless entity AS FAR AS THIS DEAL IS CONCERNED.Do you think our resourse is less important?It is shameful knowing very well that the investor's money cannot mak ...
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