Country Risk

Ghana Shares Africa's Concerns of Stranded Assets

Copyright © 2021 Energy Intelligence Group
  • 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.

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