President John Agyekum Kufuor has expressed confidence that Ghana would strike oil in future.
He has therefore asked the oil companies to continue with their exploration for the product.
Speaking at a meeting with a three-member delegation from Shell, at the Osu Castle, he said light-heartedly: "When I heard you were calling on me, I was happy because I thought you were coming to tell me that you have hit oil."
President Kufuor congratulated Shell for its centenary celebrations and expressed the wish that the event would be a critical point for better business relations with Ghana.
He urged Shell to open more filling stations in the country, as was the case in the past.
Mr Xavier Le Mintier, Senior Vice President for Shell Oil Products, Africa, who led the delegation, said his company had been active in Ghana for the past 75 years with the focus on retailing and mining.
He described Ghana as an investor friendly with bright prospects for business in future, hence the decision of Shell to introduce new products such as V-Power (unleaded fuel) in the country, which was the first in West Africa.
Source: GNA
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
Latest Stories
-
Amerado explains why he declined Barima Sidney’s feature request
3 mins -
CAL Bank clarifies recent Executive, Board changes; rejects reports of termination of appointments
8 mins -
Galamsey: Anyone who doesn’t think about the environment shouldn’t be in political office – Awula Serwaa
9 mins -
Ghana’s mission in USA must be properly resourced; it has only 4 vehicles – Dormaa East MP
27 mins -
EC gave me no opportunity to correct my nomination forms – PPP Flagbearer
39 mins -
Democracy Hub protestors erred but forgive them – Sam Korankye Ankrah appeals
40 mins -
Total mobile money transactions hit GH¢1.775trn
41 mins -
UDS student stabbed to death on campus
54 mins -
Galamsey: Bawumia pledges to work with mining communities for environmental protection
60 mins -
MP Ayew Afriyie threatens to deal with anti-galamsey protesters if they dare demonstrate in Kumasi
1 hour -
Ghana’s cocoa export revenue hits lowest levels since 2018
2 hours -
EC must allow live coverage of Tuesday’s IPAC meeting – Omane Boamah
2 hours -
Policy reforms, ease of doing business, and foreign investments in Ghana
2 hours -
Attacks on journalists equate to attacks on democracy – Akufo-Addo
2 hours -
Voters Register: Let’s have evidence during IPAC Meeting – EC to Stakeholders
2 hours