GNPC expectant of timely approval of modified Plan of Development
23rd January 2017
Ghana National Petroleum Corporation (GNPC) is expectant of the timely approval of its recently modified Plan of Development – PoD expected to be submitted by the Jubilee Partners.
This, the Corporation says is crucial to facilitate the purchase of a mooring equipment required to offload crude oil from the FPSO.
Currently, GNPC is no longer be capable of offloading crude in a continuous and sustainable manner as it was originally designed.
Engineering work is currently underway to repair a turret bearing which got damaged last year on the vessel.
Speaking with JOY BUSINESS Chief Executive Alex Mould said the need for approval has become crucial following a recent proposed change in the offloading mechanism of the FPSO.
Source: myjoyonline