22
Nov
The Minister for Energy, Dr. Matthew Opoku Prempeh, says petroleum contracts for locals have increased from 6.5% to about 20% in the 10 years since the implementation of the Local Content Regulation, LI 2204. Speaking at the opening of the 2023 Local Content Conference attended by Oil and Gas Industry players in Takoradi, Dr. Opoku Prempeh described this as tremendous progress. Addressing the press briefing section of the conference before the opening of the Local Content exhibition, he said the progress made possible by the passage of LI 2204 also propelled locals into discovering oil. “The first oil development prior…