General News of Friday, 3 February 2017

Source: yen.com.gh

It was Mahama who named new FPSO after Kufuor - Kofi Buah

Image of FPSO John Agyekum Kufuor at Keppel shipyard in Singapore Image of FPSO John Agyekum Kufuor at Keppel shipyard in Singapore

Emmanuel Armah Kofi Buah, the former minister of petroleum, has said that the decision to name Ghana's new FPSO after former President John Kufuor was taken by former President John Mahama.

Kofi Buah, who is the current ranking member on the Energy and Mines committee and Member of Parliament for Ellembele, told journalists in Accra that President John Mahama decided to name the third FPSO after Kufuor in recognition of the role that he played in Ghana’s 2007 discovery of oil in commercial quantities.”

He said cabinet approved the decision in 2016, enabling his ministry to communicate to GNPC, ENI, and the other partners to do the necessary embossments on the vessel.

“This is the single largest investment ever to be made in our oil and gas industry, so I personally took it upon myself to inform the partners of the decision of the president, that the name for the vessel should be MV JOHN AGYEKUM KUFUOR”, he said, adding: “I say so because I communicated the news to his excellency Kuffuor.”

Kofi Buah added that FPSO Kufuor was a legacy of Mahama.

“We are very proud of this feet. Ghanaians will soon feel the impact of this John Mahama legacy in their homes, shops, offices and industries, as we will be having reliable lean Gas to fire up our country and spark our industrialization aspirations,” he said.

FPSO John Agyekum Kufuor which will set sail to Ghana shortly after the naming ceremony in Singapore

Will initially produce about 40 thousand bbls/d of oil by The 3rd quarter this year and then produce 180mmscf/d by first quarter 2018.