Natural Gas World
  • Natural Gas News

    GhanaWeb: GNPC to Finalize $400 Million ENI Loan

    old

Summary

The CEO of Ghana's GNPC, Alex Mould, has said that the state-run company is in the final stages of setting up a $400 million loan to Eni to support new projects

by: Erica Mills

Posted in:

Press Notes, Africa

Print This Article

GhanaWeb: GNPC to Finalize $400 Million ENI Loan

The Chief Executive of the Ghana National Petroleum Corporation (GNPC), Alex Mould, has revealed that the state-run oil giant will soon be in the international market to finalize the transaction covering a $400 million dollar loan that will support new capital investments.

GNPC’s intention to seek foreign cash for its operations without first obtaining Parliamentary approval has triggered a never-ending controversy and a court action to stop the deal.

Read the full article HERE.

Related Articles