Mr Albert Kan- Dapaah, Minister of Energy said on Thursday that the current restructuring of the Ghana National Petroleum Corporation (GNPC) is not to negate any good intentions of the previous government in the petroleum sector.

Rather, it is for the corporation to refocus on its core business of oil and gas exploration and development. "We are doing this not because we want to reverse what the previous government or Mr Tsatsu Tsikata, (former Chief Executive of GNPC), did. We simply believe that it is essential that the GNPC focus strictly on its core objective", Mr Kan-Dapaah said when inaugurating the re-constituted board of the GNPC in Accra.

He said if the non-core activities of the GNPC had been profitable, he would still have advocated for the corporation to be restricted to its core business of oil and gas exploration.

Dr Kwame Donkoh Fordwoh, an economist is chairing the eight-member board.

Other members are Mr Amiyao Haruna, a public servant, Mr Zac Bentum, a petroleum expert, Mr George Tetteh, a chartered accountant and Ms. Muriel Holdbrook-Smith, a consultant.

The rest are Mr Collins Yaw Adu-Gyamfi, a business executive, Mr Patrick K. Nutor, a computer expert and Dr Amos Ofori-Quaah, Acting Chief Executive of the

GNPC.

The board is tasked to revise the corporation's policy environment regarding oil and gas exploration in the country.

This would involve a comprehensive review of the existing legal and fiscal framework under which the business of oil and gas exploration is carried.