Local Content

MINISTRY OF ENERGY Republic of gold coast local anaesthetic Content and Local Participation in anoint color Activities policy modelling FEBRUARY 26th, 2010 1 Table of Content 1.0 polity Context....................................................................................... 2 2.0 Policy Goal............................................................................................. 4 3.0 Vision and Policy Framework................................................................ 4 4.0 Policy Objectives..................................................................................... 5 5.0 Policy Directions....................................................................................... 6 2 1.0 Policy Context vegetable oil and Gas emergence in Ghana In 2007 Ghana made discoveries of oil and be adrift in twain deepwater blocks: Cape Three Points and Tano by Kosmos Energy and Tullow respectively. The two discoveries, referred to as the Jubilee Field, is operated by Tullow as a unitised matter. Appraisals conducted indicate that the field contains expected recoverable reserves of about 800 million rear of light primitive oil, with an upside potential of about 3 billion barrels as wholesome as satisfying quantities of associated natural artillery.

The breakthrough of commercial quantity of oil and bollix provides Ghana an opportunity to efficaciously reduce foreign interchange requirements for the importation of oil as well as attach the countrys export earnings and to overly have gas-based industries. The expectation of Ghaneses as to the potential impact of the oil and gas fin! d on the national economy and the individual Ghanian has grown significantly. Government Development Agenda A primal study objective of Government is to grow the economy to quickly achieve speed development and industrialisation. The oil and gas diligence is known to contribute significantly to the strong economic harvest-time of countries that produce oil and gas. It is anticipate that the...If you want to get a full essay, order it on our website: BestEssayCheap.com

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