We maintain our position on the Government-Aker Energy Agreement – IMANI

General News of Saturday, April 27, 2019

Source: kasapafmonline.com

2019-04-27

IMANI stated that its position on the contractual agreement between the Government of Ghana and Aker Energy of Norway remained unchanged despite alleged clarifications by the Government.

The Government states that IMANI made a blunder by seeking to challenge parts of the contractual agreement between the Government of Ghana and Aker Energy.

During a recent outreach program, IMANI challenged various acts of omissions by the Government of Ghana with respect to the development plan submitted by Aker Energy and on behalf of all contracting parties to the company. 39. Petroleum Agreement (AP). covering the Deep Water Tano / Cape Three Points contract area (DWT / CTP).

At a press conference in Accra, Energy Minister John Peter Amewu called IMANI's claims of total lies.

In providing some basic information on the agreement, Amewu said that the PA covering the DWT / CTP contract area operated by Aker Energy had been executed on 8 February 2006 between the Government of Ghana – the GNPC, AMERADA HESS Corporation, Lukoil and FUELTRADE. in 2015.

He revealed that Fueltrade's stake was set at 2% and that it was paying about 9 million USD with a performance guarantee of 2 million USD.

"The contract area has 7 discoveries, namely north pecan, almond, cob, beech, pecans, paradise and hickory north. The first five are oil discoveries, while Paradis and Hickory North are gas discoveries. Aker Energy acquired the participation of AMERADA HESS Ghana Limited in February 2018 and continued unfinished work under the HESS evaluation program, "he added.

But IMANI Vice President Kofi Bentil said his team was right to raise the issues that led the government to explain the problem to the people.

"I think we're all looking for the good of this country and I can understand that criticism is difficult, but we stick to our work. We maintain that this $ 30 billion of oil was discovered at a time when exploration was complete.

We maintain our position that this means that oil belongs to Ghana and we should enter into negotiations with them, and to that extent we have not been diligent in this regard. We maintain our position that it took them too long to respond to the Board of Directors, even if there were clear illegalities.

So we stick to what we said. We simply think that in the future, it should not be necessary to go out and encourage them to do so. "