The Board Chairman of the Ghana National Gas Company, (GNGC), Dr. Kwesi Botchwey has denied reports of a frosty relationship between him and Finance Minister, Seth Terkper.

Speculations are rife that the former finance minister is not on good terms with his fellow party member following some perceived misunderstanding over who had the right to lead Ghana’s discussions with the IMF for a bailout.

The Ghana Gas board Chair has publicly denied report by the Energy ministry that the gas company has been taken over by the GNPC, after the initiative was announced by Terkper in parliament during the presentation of the 2015 budget statement.

His reaction has been attributed in some quarters to the perceived cold relationship that exist between the two.

But speaking on Citi FM, Friday, Botchwey said there is no bad blood between him and the finance minister.

“I will not say there is some ill feeling between me and the finance minister.

“I only think things like these (GNGC takeover) must be done in the right way and not because of any issue between anyone”.