• About Us
  • Contact Us
Account
GTB
  • Home
  • News
  • Premium
  • Business
  • Personal Finance
  • Lifestyle
    • Travel
    • Health
    • Retail/Fashion
  • Podcast
    • Business Chat
    • Retiring Richly
    • Sika Nkommo
  • Videos
  • Analysis/Features
No Result
View All Result
  • Home
  • News
  • Premium
  • Business
  • Personal Finance
  • Lifestyle
    • Travel
    • Health
    • Retail/Fashion
  • Podcast
    • Business Chat
    • Retiring Richly
    • Sika Nkommo
  • Videos
  • Analysis/Features
No Result
View All Result
Account
Ghana Talks Business
No Result
View All Result

Govt offloads Ghana Gas shares to GNPC

11/12/2014
Reading Time: 1 min read
0
SHARES
Share on FacebookShare on TwitterShare on WhatsApp

The government has executed the legal instrument assigning its entire sharehold in the Ghana National Gas Company (GNGC) to the Ghana National Petroleum Corporation (GNPC).

Thus, the GNPC is now the sole shareholder of the GNGC and, therefore, assumes full control over its operations.

A statement issued in Accra and signed by the Head of Communications at the Ministry of Energy, Mr Edward Bawa, said, “In its 2015 Budget and Financial Policy Statement, Government of Ghana (GoG) announced its policy commitment to consolidate the petroleum sector to reduce costs and transaction time and to improve value, efficiency and sustainability of outcomes for the Ghanaian public.

Specifically, GoG announced the impending takeover of GNGC by GNPC”.

“Pursuant to this policy, GoG on December 3, 2014 appointed PricewaterhouseCoopers (PwC) Ghana Limited as Transaction Advisor with respect to the GNGC take-over and has since commenced its work in earnest.

“PwC will also assist with the successful integration of GNGC into GNPC post acquisition,” the statement added.

Previous Post

The power of mindfulness

Next Post

Nigeria to Ghana Eurobonds plunge as oil rout hits Africa

Related Posts

carbon emissions

Ghana Begins Receiving Payments for Reducing Carbon Emissions in Forest Landscapes

30/01/2023
Employers and employees

The silent war between employers and employees will have no winner 

27/01/2023
Electric cars in Africa, ghanatalksbusiness.com

Africa’s push for electric vehicles

24/01/2023
Functioning dddress system, ghanatalksbusiness.com

The next “AMAZON” in Africa will need a Functioning Address System

23/01/2023
Catalyst fund, ghanatalksbusiness.com

Catalyst Fund announces $2 million investment into 10 startups accelerating Africa’s adaptation and resilience to climate change

20/01/2023
shifts in globalisation

Globalisation Redefined as Manufacturing Moves Closer to Home

20/01/2023
Next Post

Nigeria to Ghana Eurobonds plunge as oil rout hits Africa

WTO urged to eliminate agric export subsidies

  • About Us
  • Disclaimer
  • Privacy Policy
  • Advertising
  • Contact Us

© 2021 Ghana Talks Business

No Result
View All Result
  • Home
  • News
  • Premium
  • Business
  • Personal Finance
  • Lifestyle
    • Travel
    • Health
    • Retail/Fashion
  • Podcast
    • Business Chat
    • Retiring Richly
    • Sika Nkommo
  • Videos
  • Analysis/Features
  • Login

© 2021 Ghana Talks Business

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In