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Tag Archives: KITE

Meralco must turnaround ECG – KITE

ECG-400x330-400x330

The Kumasi Institute of Technology and Environment (KITE), is anticipating positive growth in the power sector with the coming on board of a new consortium under the power compact two agreement. It follows the selection of Meralco Consortium by the Millennium Development Authority (MiDA) to manage the Electricity Company of Ghana [ECG]. According to the Executive Director of KITE, Ishmael ...

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New refinery to attract investors if … – Analyst

General view of the Tema oil refinery near Ghana's capital Accra

The Executive Director of KITE, Ishmael Egyekumhene has predicted that government should not find it difficult to secure an investor for the new oil refinery if it commits to efficient management practices. He explains that potential investors will be targeting at value for their investments, hence, the need to meet their expectations. Mr. Egyekumhene’s comment was in reaction to announcement ...

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Industry divided over reduced cost of gas

gas pipeline

There have been mixed reactions to government’s announcement of a 26% reduction in the cost of gas to businesses that rely heavily on the product. While industry has wholly welcomed the move, some industry analysts have cautioned against the outstanding debts facing institutions involved in the supply of gas. Citi Business News spoke to a couple of players involved in ...

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ExxonMobil must abide by local content laws – Analyst

ExxonMobil-Nigeria-headquarters

Oil industry analysts want authorities to enforce Ghana’s local content policies as new entrants join Ghana’s oil exploration industry. The comments also follow the commencement of operations of ExxonMobil in Ghana. The company is expected to sign an agreement with the government on Thursday, January 18, 2018, on the development. Citi Business News has been speaking to some industry players ...

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