IMG.gif
Country Risk

Ghana Shares Africa's Concerns of Stranded Assets

Copyright © 2021 Energy Intelligence Group
rf56722270-countries-flags-ghana
  • The government of Ghana is set to provide a $1.65 billion loan allowing state-owned Ghana National Petroleum Corp. (GNPC) to acquire big stakes in two deepwater blocks from Norwegian interests.
  • Ghana’s policymakers say the move would prevent the assets from becoming stranded.
  • But questions are being asked about why Ghana would pay top dollar for assets that could end up being relinquished.

The Issue

Most Read
The possible shutdown of Egypt's twin LNG plants in the near term is reviving memories of the gas crunch in 2012-14.
Fri, Sep 17, 2021