Accra, Jan. 3, GNA – Ghana National Petroleum Corporation (GNPC), on Tuesday released a cheque for GHC100,000 to support activities of the 63rd Annual New Year School and Conference, scheduled for January 8-13.
The cheque was presented to the Planning Committee of the Conference, by Nana Boakye Asafu-Adjaye, Chief Director of GNPC.
He said the GNPC was sponsoring the Conference because the theme for this year’s event, “One Year of Oil and Gas Productions: Emerging Issues”, was important and informative.
Nana Asafu-Adjaye said the GNPC had been mandated by law to ensure that Ghanians benefited from oil and gas resources, and the upcoming Conference would offer stakeholders the opportunity to discuss Ghana’s emerging oil and gas industry.
He said by November 2011, all the partners in the oil industry had lifted 23 million barrels of oil while the Ghana group, involving GNPC and the Government lifted close to four million barrels “All this needed to be explained to Ghanaians for them to understand the issues”.
Professor Ernest Ayittey, Vice-Chancellor of University of Ghana, said the donation was “One of the most significant donations received so far”.
He said that donation would aid the University to organise the Conference, which would bring to bear issues on oil and gas.
Prof Ayittey said participants from all over Ghana would participate in the Conference and discuss matters concerning oil and gas and come out with a communiqué that would require action.
Professor Yaw Oheneba-Sakyi, Director, Institute of Continuing and Distance Education, UG said each participant would have to pay GHC190 as participating fee through Standard Chartered Bank or register online.
Baffour Awuah Kwabi, Accountant, Distance Education said the Planning Committee had projected GHC1.25 million to cover the pre and post New Year School activities, and stressed the need for corporate Ghana to donate towards the conference.