PetroSA Archives - Wontumi Online

26 May

I Have No Intention Selling GNPC Oil Stake To Petrosa – Freddie Blay Threatens To Sue CSOs

wontumionlineNewsFreddie Blay, GNPC, GNPC-PetroSA deal, PetroSA

The allegations surrounding the supposed "surreptitious," "clandestine," and "scandalous" sale of the "so-called" Ghana National Petroleum (GNPC) shares are "unequivocally false", Board Chair Freddie Blay has said in an official statement. According to him, "there is no intention by GNPC or me, as its Chairman, to divest 7% shareholding in JOHL nor has there been any claim by PetroSA to acquire shareholding interests in JOHL". He said "such claims can only stem from an uninformed and malevolent mind". A few days ago, some 29 civil society organisations in the extractive industry said Mr Blay and the state oil company’s acting…

GNPC-PetroSA Deal: 29 CSOs Call For Immediate Dismissal Of GNPC Board Chair, CEO

wontumionlineBusinessFreddie Blay, GNPC, PetroSA

A group of 29 CSOs on Extractive Governance are calling for the immediate dismissal of the GNPC Board Chairman, Freddie Blay and Chief Executive Officer of the Corporation, Opoku Ahweneeh Danquah. The calls come on the back of recent reports and documents indicating GNPC’s intention to sell 50% stake in Jubilee Holdings Limited (JOHL) in a deal with a South African oil company, PetroSA despite significant revenue potential this interest holds for the state. Coordinator for the Economic Governance Platform, Abdul Karim Mohammed speaking at a press briefing on May 23, 2023 noted that the persistent involvement of such persons associated with…

PetroSa Deal Is Not In The Interest Of Ghana – NAPO Tells Freddie Blay, GNPC

wontumionlineBusinessDr Matthew Opoku Prempeh, Freddie Blay, GNPC, PetroSA

The Minister for Energy, Dr. Matthew Opoku Prempeh, alias NAPO, has called out the Board Chairman of the Ghana National Petroleum Corporation (GNPC), Freddie Blay, over the PetroSA deal, which seeks to offload some of Ghana's oil interests to the South African National Company (PetroSA). According to The Chronicle newspaper, NAPO, in a letter to Freddie Blay, which it sighted, accused the former New Patriotic Party (NPP) chairman of pushing for the deal despite a government directive for it to cease. The energy minister, who is also the member of parliament for Manhyia South, told Blay that it is scandalous for him to…