Oando affirms development of Ghana's Natural Gas Sector

Wale Tinubu

Nigeria leading energy giant Oando Plc declared on Sunday (Oct. 4) that the company has been selected as a key resourceful partner to develop Ghana's natural gas infrastructure from its offshore Jubilee oilfields, a project said to worth $1 billion.

Making this bold declaration yesterday, Oando said it was among three foreign energy companies selected to work with the Ghana National Petroleum Corporation (GNPC) to build gas pipelines, processing facilities and liquefied petroleum gas and storage tanks.

"The choice of Oando...creates an opportunity for us to extend the success recorded in building Nigeria's gas distribution pipeline system to other parts of West Africa," said the firm's Chief Executive Wale Tinubu in a public statement on behalf of the company.

Stakeholders in Africa as however identified Oando, (an indigenous oil firm) in its unique role as a company of high profile dignity and profit driven initiatives year in year out, a phenomenal reality which has afforded the company to be a pacesetter in the oil and gas business, with attendant milestone for others to emulate.

Since inception the Company's general policies are ultimately determined by a Board of eleven Directors drawn from different facets of the societal endeavors. The Board members are highly successful and esteemed individuals who are of meritorious and indelible values in their respective careers.

They meet regularly during the year to discuss reviews and reports on the business and plans of the Oando Group, to determine the progress of the company. The members include: Gen. M. Magoro (Chairman), Mr. Adewale Tinubu, Mr. Omamofe Boyo, Mr. Mobolaji Osunsanya, Mr. A. Akinrele (SAN), Mr Femi Adeyemo, Mr. Navaid Burney, His Royal Majesty Oba M.A Gbadebo, Mr. V.O. Ibru, Alhaji H. Mahmud, Mr. O. P. Okoloko. Mrs. Oredeji Delano is secretary to the Board of Directors of Oando. For comprehensive details about Oando Nigeria Plc kindly visit their website: http://www.oandoplc.com

Emmanuel Ajibulu is a representative of modernghana.com in Nigeria.

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