The American Petroleum Corporation has sold its stake in two Ghanaian oilfields for $750 million.
The upcoming multibillion-dollar petroleum hub is designed to establish Ghana as a leader in the regional petrochemical industry.
Minister John-Peter Amewu says the fields have “identical reservoir and fluid properties”.
India and Ghana are strengthening relations in the LPG sector.
The companies will work together to develop and improve the transmission network of Ghana.
The fifth edition of Africa Oil & Power (AOP) returns to Cape Town on September 15-17 2020.