Indian Oil to assist Ghana implement LPG promotion policy
23 Jan 2020
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Indian Oil Corp has signed a memorandum of understanding (MoU) with the National Petroleum Authority (NPA) of Ghana for providing assistance and technical expertise in the implementation of Ghana’s National LPG Promotion Policy.
With India’s avowed policy of promoting the use of clean energy and expansion of its LPG network, Ghana sought assistance from India in its own efforts to promote safe, clean and environment-friendly LPG for increased domestic, commercial and industrial usage.
The MoU was exchanged between NPA of Ghana and Indian Oil in the presence of minister of petroleum and natural gas and steel, Dharmendra Pradhan, and Michael Aaron, High Commissioner of Ghana at New Delhi.
Alhassan SulemanaTampuli, chief executive, NPA, Ghana and LKS Chauhan, chief general manager (LPG Operations), Indian Oil, signed the MoU.
The MoU will strengthen cooperation between the two countries in the field of petroleum, in particular LPG, by which Indian Oil would support the NPA on the successful implementation of there-circulation model (CRM) of LPG.
Indian Oil will provide support to the National Petroleum Authority of Ghana in 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. 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.
The MoU also provides for administrative assistance to Indian Oil in case it decides to participate as a commercial participant in Ghana’s downstream petroleum sector.
The MoU also recognises India’s efforts in providing clean energy access to millions of Indians through the Pradhan Mantri Ujjwala Yojana.
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