Skip to main content

Ghana to benefit from oil spill fund

By: Fred Yaw Sarpong 

Ghana as crude oil importing country will benefit from the International Oil Pollution Corporation Fund if the country witnesses oil spill at its ocean. 

“The fund is a global fund and it’s meant for the countries that import crude oil. The fund is voluntary but Ghana through the Tema Oil Refinery (TOR) contributes annually on behalf of Ghana,” Mr. Kojo Agbenor Efunam, the Deputy Director in charge of oil and gas at the Environmental Protection Agency (EPA) told the Daily Express. 

He explained that the fund is mostly for crude oil importing countries but not those into production and exportation. 

Mr. Efunam further explained that once Ghana is part of the fund, anytime there is an oil spill involving an oil tanker on the seas of Ghana, the country can apply for the fund to solve any problem resulting from the spillage. 

“If the incident does not involve a tanker the country does not benefit. But if the incident involves a tanker the country applies for the fund,” he mentioned, adding that there are rules that govern the administration of the fund. 

He told Daily Express that the amount a country can benefit depends on the level of damage that may occur saying it ranges from US$200 million to US$600 million. 

To adequately prepare for such incident and know the rules governing the fund, Ghana has put in place a National Oil Spill Contingent Plans to be able to handle any eventuality. 

Mr. Ehunam said four working groups have been initiated to look at the compensation regime of the fund and what Ghana can do to benefit from the fund. 
They are: Operation Group, Environmental Working Group, Chemicals Working Group and Waste Management Group. 

Meanwhile, a steering committee has been formed to oversee the implementation of the National Contingency Plans. It is made up of reps from Ministry of Environment, Science and Technology, EPA, Petroleum Commission, Ghana Navy, National Disaster Management Organization (NADMO), Ghana National Petroleum Corporation, Ministry of Finance, Ghana Port and Harbors Authority, Ministry of Fisheries, Ghana Marine Surveyors, and Ghana Maritime Authority. 

He told Daily Express the unfortunate is bound to happen as far as the oil industry is concerned.  “And particularly for the coastal countries which include Ghana, you don’t even need to have oil and gas business to start planning for any spill because the ocean serves as highway for these tankers that take the oil from the production center to the consumer center.” 

“Once you are at the coastal the likelihood of you having an impact of vessel carrying oil damaging is very high. So the coastal states have to be alert and prepare for some of these incidents,” he added. 

Comments

Popular posts from this blog

Vodafone sells 45% shares in Verizon for US$130 billion

Vodafone has sold its 45% stake in Verizon Wireless to US telecoms group Verizon Communications in one of the biggest deals in corporate history. The US$130 billion (£84bn) deal was announced by Vodafone after the close of trading on the London Stock Exchange. The company will return £54 billion to its shareholders, of which £22 billionn will go to shareholders in the UK. Vodafone will also invest money in its business, with funds earmarked for high speed mobile phone networks. It said that by 2017 its main five European markets would have almost complete 4G coverage. Possibly it would be wrong to carp and wring hands that Vodafone won't be paying a penny of tax to the British taxman” Vodafone group chairman Gerard Kleisterlee said: "The transaction will position Vodafone strongly to pursue our leadership strategy in mobile and unified communication services for consumers and enterprises, both in our developed markets and across our emerging markets businesses." The...

Shortage of weighing cards hit major hospitals in Accra

By: Fred Yaw Sarpong- Daily Express There is scarcity of Child Health Records Book (weighing cards), in some major public hospitals in the capital, information reaching the Daily Express indicates. Checks by this paper revealed that while some of the hospitals have being encountering the shortage for about a year now, others started experiencing it six months ago. In place of the Child Health Record Book (weighing card), the nursing mothers are given a single card on which information of children are recorded on it. Those hospitals identified are the Korle Bu Teaching Hospital, Korle Bu Polyclinic, Kaneshie Polyclinic, Adabraka Polyclinic and the Ridge Hospital. At the Korle Bu Teaching Hospital, the nursing mothers are given yellow cards in place of the weighing cards. The Public Relations Secretariat at the Korle Bu Teaching Hospital said such information has not come to their notice and for that matter they cannot comment on it. “We do not have some ...

ABL launches chibuku super in Bolgatanga

By: Fred Yaw Sarpong sarpong007@gmail.com Accra Brewery Limited (ABL) has officially launched the Chibuku Super drink at Bolgatanga in the Upper East region with the aim of reaching a lot of customers. Mr. Thomas Nii Ponku, Supervisor in charge of Chibuku Super at ABL told Daily Express that the management decided to launch the Chibuku Super drink in the Upper East region because they’ve realized it is similar to a traditional drink in the region. “Chibuku is like a well developed pito, a traditional drink made from fermented millet or sorghum in the Northern part of Ghana. So the idea is to provide them with similar drink,” he added. Mr. Nii Ponku disclosed this when members of the Institute of Finance and Economic Journalists (IFEJ) toured the facility of ABL to acquaint themselves with the expansion project at the factory. He mentioned that after a feasibility study, they realized there is a potential market for the product in the northern part of Ghana ...