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10.04.2015 Business & Finance

GNPC takes steps to focus on core operations; withdraws some investments

By Myjoyonline.com
GNPC takes steps to focus on core operations; withdraws some investments
LISTEN APR 10, 2015

State oil operator, GNPC, has indicated that it is withdrawing investments from some sectors.

The corporation, which was previously a regulator for the oil exploration  sector, has now moved on to be player. 

It currently holds strategic investments in Airtel Ghana, a mining firm,  Prestea Sankofa Gold, a motel at a Mole National Park  as well as from other institutions.

Chief Executive of the GNPC, Alex Mould told Joy Business that the move has been influenced by plans to focus on its core business of oil exploration.

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