Oil And Gas Trade Delegation To Ghana

An oil and gas industry delegation from the United Kingdom will visit Ghana from the 19�22 October 2015 to explore the growing investment opportunities for British businesses in the country. The delegation will be led by the Energy Industries Council (EIC), the leading trade association for UK companies that supply goods and services to the energy industries worldwide. The trade association, which will be making its second visit to Ghana, will be accompanied by eight companies representing a cross-section of the UK oil and gas industry. The UK Trade and Investment (UKTI) Department at the British High Commission in Accra will host the trade delegation. The aim of the delegation is to identify opportunities in the market, as well as establishing new business relationships and strengthening existing ones. During the visit, delegates will have an opportunity to meet with local oil and gas operators and contractors to better understand the country�s industry and the opportunities present. In December 2010, the $3.3 billion deepwater Jubilee project came online and pushed Ghana to a vivid position among Africa�s oil producers. Ghana�s crude oil production reached 99,000 b/d in 2013, and is estimated to rise significantly over the next decade. Terry Willis, Director of Africa & Middle East at the EIC and the EIC Mission Leader said: �The Ghanaian Government�s ambitious plans to ramp up commercial utilisation of associated natural gas in order to reduce dependency on unreliable gas imports, while meeting power generation demand, can offer more promising opportunities for the UK supply chain.�