Ministerio de Minas e Hidrocarburos MMH
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The republic of côte d’ivoire, the republic of equatorial guinea and the republic of ghana
The Governments of the Republics of Côte d’Ivoire, Equatorial Guinea and Ghana, represented by the H.E. Adama Toungara, Minister of Petroleum and Energy of Côte d’Ivoire, Hon. Emmanuel Armah-Kofi Buah, the Minister of Energy and Petroleum of Ghana, and H.E. Gabriel Mbaga Obiang Lima, the Minister of Mines, Industry and Energy of Equatorial Guinea are pleased to announce that they have signed today a Protocol of Agreement that creates a framework under which all three countries will work together to explore possibilities of establishing a jointly owned regional gas company.
All three countries are cognizant of the benefits that would be derived from the regional gas company including new revenue streams from the sale of hitherto unexploited natural gas, creation of new jobs, and facilitating access to gas by power plants, industries and homes that need them as a source of energy or feedstock. To achieve the goal under the Protocol, the three countries have agreed to provide resources to carry out a feasibility study in the coming months. The outcome of the feasibility study will inform their next steps.
During the signing ceremony, H.E. Adama Toungara had the following to say, “I am happy with the progress that has been made so far in furthering this project. I hope all parties will work closely to fast track the completion of the Heads of Agreement within the next month, upon which my Government would continue working with our partners to fulfill our obligation as stated in this Protocol Agreement.”
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