Gold For Oil: Bank Of Ghana Spends GH¢2.43 Billion On Petroleum Import Finance
Accra, May 6, GNA – The Bank of Ghana (BOG) has disclosed that as of December 31, 2023, the consolidated capitalised cost incurred on the Gold for Oil (G40) operations….
Tag: Gold For Oil
Ghana Would Have Been A Country Beyond Aid If All Presidents Had Implemented Gov’t G4O Deal- Kusi Boafo
Chief Executive Officer (CEO) for Public Sector Reforms, has categorically noted that if all President since the inception of the 4th republic had implemented the Gold for Oil deal implemented….
Gold For Oil: We’re Committed To Strengthening Policy To Cushion Ghanaians – Energy Minister
Energy Minister, Matthew Opoku Prempeh, has reaffirmed the Government’s commitment to ensuring that the Gold-for-Oil policy is improved and strengthened for the benefit of the Ghanaian consumer of petroleum products…..
Gold For Oil Policy Cornering BDCs – Dr. Ofori
Ghana Chamber of Bulk Oil Distributors, Dr. Patrick Kwaku Ofori, says the government’s gold for oil policy has cornered bulk oil distributors working in the country. According to him, none of….
Gold-For-Oil: Chamber Of Bulk Oil Distributors Call For Fair Competitive Environment
The Ghana Chamber of Bulk Oil Distributors (CBOD) has called on government to create an enabling environment that would ensure bulk distribution companies compete fairly in the gold for oil….
Gold-For-Oil: BoG Cuts US Dollar Supply To Bulk Oil Distribution Companies
The Central Bank plans to reduce in its U.S dollar supply to Bulk Oil Distribution Companies (BDCs) operating in Ghana’s downstream oil and gas sector. The development comes on the….
OPEC+’s Surprise Oil Output Out Is Test Case For Govt Of Ghana’s Gold-For-Oil Policy – ACEP
The announcement by Saudi Arabia and other OPEC+ oil producers on Sunday of further oil output cuts of around 1.16 million barrels per day is going to be a test….
‘Gold For Oil’ Policy Did Not Contribute To LPG Price Reduction – LPG Marketers Association
The Liquefied Petroleum Gas (LPG) Marketers Association has indicated that the government’s ‘Gold for Oil’ policy did not contribute to the price reduction of LPG. According to its Vice President,….
Drop In Fuel Prices Has Nothing To Do With Bawumia’s Gold-For-Oil – Minority
Deputy Minority Leader Emmanuel Armah Kofi Buah has dismissed Vice President Dr Mahamudu Bawumia’s claim that fuel prices are reducing in Ghana due to the Gold-for-oil policy. He says the drop….
Minority Wanted Gold-For-Oil Policy To Fail – Egyapa Mercer
The Member of Parliament for Sekondi Andrew Egyapa Mercer has said the Minority in Parliament and the main opposition National Democratic Congress (NDC) wanted the government’s Gold-for-oil policy to fail. He stated that the….