Guyana is the latest country to join the oil club but falls short of the technical expertise to make it a reality. In that regard, Ghana is giving free technical assistance to Guyana. This comes after the discovery of their considerable deposits of oil and gas resources offshore Guyana.
Exxon Mobil, a US-based oil giant has already made 12 discoveries early this year. President Nana Addo Dankwa Akufo-Addo, stated that Ghana is a player in the oil industry, having commenced production of oil in commercial quantities since 2011.
The President told the President of Guyana David Granger, that “we should explore promptly the possibility of establishing a joint vehicle to assist in the effective, initial management of oil and gas revenues.”
He told the Guyanese President, David Granger, that “we should explore promptly the possibility of establishing a joint vehicle to assist in the effective, initial management of oil and gas revenues.” President Akufo-Addo believes that Ghana is well-equipped to share with you the dos and don’ts in the area, and make available fee-free, quality technical assistance to you. Hopefully, the proper management of the new revenues will help finance the spectacular development of Guyana.
President Akufo-Addo, thus, indicated the readiness of Ghana to deepen bilateral co-operation with Guyana in the areas of agriculture, energy, trade and tourism.
“I am also glad to see that, on this trip, we have signed an Air Services Agreement, a Visa Waiver Agreement, and a Memorandum of Understanding on Investment, all with the view of strengthening our bilateral relations, and establishing a legal framework for doing so,” he added.
With Ghana and Guyana, according to President Akufo-Ado, bonded by common blood, common geography, common history, and common ties, it imposes on the two nations the necessity to work together, with each one being the brother’s keeper.
He added that, being each other’s keeper means that we look out for each other, and ensure that we, descendants from the Mother Continent, never permit ourselves to be subjected to dehumanising conditions and sold into slavery.
President Akufo-Addo was hopeful that, under his and the tenure of office of President Granger, Ghana and Guyana would continually search for ways to co-operate.
“I have no doubt, that, together, we can forge a new, strong partnership for cooperation between our two nations for the mutual benefit of our two peoples,” he added.