Ghana to Receive $30 Million From World Bank for State Oil, Gas Training
Ghana, which is set to begin production of oil for export by the end of the year, will receive $30 million from the World Bank to train state institutions overseeing the fledgling industry, the lender said.
The money will be given to the government in about two months, said Kofi Tsikata, spokesman for the bank’s Ghana office.
The Washington-based lender is also in talks with the administration to lend money to state oil company Ghana National Petroleum Corp. to develop a natural gas project at the offshore Jubilee oil field, Tsikata said in a phone interview from the capital, Accra, today. He declined to provide details.
For Related News and Information: On Ghana’s Energy Industry: TNI GHANA NRG <GO> News on Africa and the World Bank: TNI AFRICA WB <GO> Top Regional Stories: AFTO <GO>
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