The Ministry of Energy has appointed the Ghana Institute of Management and Public Administration (GIMPA) as consultants to implement the official report on the restructuring of the Ghana National Petroleum Company (GNPC).

Mr Kwabena Agyepong, Deputy Government Spokesman who briefed the media at the State House on Monday, said the consultants would study and adopt or revise when necessary the organisational structure and requisite manpower levels of the company as contained in the report of the restructuring committee headed by Professor A.K. Addae.

GIMPA also has the mandate to liaise with the Ministry of Manpower Development and Employment, the local union and the Senior Staff Association of GNPC to agree on a framework for the restructuring exercise.

"The consultants will provide a transparent framework to determine and oversee the best ways for the disposal of assets not considered necessary for the operation of the core business and the settlement of all verified liabilities of GNPC."

Mr Agyepong said the assignment would transform GNPC into a compact organisation of highly motivated and skilled technical staff to play a facilitating role in the exploration and subsequent discovery of hydrocarbons to promote the socio-economic development of the country.

He said a reconstituted Board of Directors of GNPC would be announced soon.