Indian Oil and National Petroleum Authority of Ghana signed an initial agreement in the presence of Oil Minister Dharmendra Pradhan on Wednesday that would set-off cooperation between the two countries on increasing cooking gas penetration in the African nation.
New Delhi: Ghana plans to replicate India's success at near-universal cooking gas access and has sought its expertise in doing so. Indian OilNSE 4.14 % and National Petroleum Authority of Ghana signed an initial agreement in the presence of Oil Minister Dharmendra Pradhan on Wednesday that would set-off cooperation between the two countries on increasing cooking gas penetration in the African nation.
Ghana is aiming to increase cooking gas access to at least 50% of its households from the current 23% by 2030
“With India’s emergence as a world leader in provision of clean energy to its citizens by the expansion of its LPG network, Ghana sought assistance from India in its own efforts to promote to safe, clean and environmentally friendly LPG for increased domestic, commercial and industrial usage,” Indian Oil said in a statement.
Indian Oil would provide support to the National Petroleum Authority of Ghana in several areas such as development of Health, Safety, Security and Environment (HSSE) Standards, development of licensing, permit and legal framework, development of economics for LPG bottling plant, pricing structure, and communication strategy, as per the statement.
Indian Oil will also assist in areas of infrastructure development for the new LPG Value chain, support for upgrading capacities of institutions along with policy development and review, it said.
Source: The Economics Times
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