Former President, John Dramani Mahama has blamed President Nana Akufo-Addo and his administration for its lack of efforts to increase the country’s oil production in the upstream sector over the past seven years.
According to him, greed and incompetence against the national interest have engulfed the current government, making the oil and gas industry undeveloped.
In a Twitter post on February 6, 2023, John Mahama described the development process as “lost years” even though his administration [NDC] had handed over two new oil fields [TEN and Sankofa].
“Wasted years! We bequeathed to the Akufo-Addo gov’t two new oil fields, TEN and Sankofa. Greed and ineptitude as against national interest mean a sad reality of no additional production activity in our upstream oil sector in the last 7 years,” he tweeted.
Wasted years! We bequeathed to the Akufo-Addo gov’t two new oil fields, TEN and Sankofa. Greed and ineptitude as against national interest means a sad reality of no additional production activity in our upstream oil sector in the last 7 years.
— John Dramani Mahama (@JDMahama) February 6, 2023
About TEN oil field
John Mahama inaugurated the Tweneboa-Enyera Ntomme oil field, also known as (TEN), in 2016.
The joint venture project led by Tullow Ghana will produce around 300 million barrels of oil over a life of about 20 years.
The field will produce 80,000 barrels of oil per day at full capacity.
It will even produce a mean of 30 million trendy cubic toes of fueloline in step with day over the subsequent 5 years and is anticipated to attain a hundred million trendy cubic toes of fueloline in step with day through 2032.
Sankofa gas project
Mahama signed the agreement with ENI and Vitol Energy during a ceremony at the Peduase booth.
At the time, it was probably the largest foreign direct investment in West Africa.
The project is located in the western area.
Oil production from the offshore Cape Three Points is estimated at eighty thousand barrels per day.
Under the Offshore Cape Three Points (OCTP) project, the development of natural gas fields includes phase two of a larger project. The first phase includes the development of the Sankofa East oil field, while the second phase is intended to develop non-coherent gas in these two fields.
The first gas from the integration project is expected in 2018.
