New Delhi (NVI): Indian Oil company has signed an MoU with Ghana’s National Petroleum Authority (NPA) for providing assistance and technical expertise to the African country in the implementation of its National LPG Promotion Policy.
This MoU was exchanged with an effort to strengthen cooperation between India and Ghana in the field of petroleum in particular LPG by which Indian Oil would support the NPA on the successful implementation of the Re-circulation Model (CRM) of LPG.
In this regard, Indian Oil would provide support to the NPA in several areas such as development of health, safety, security and environment (HSSE) standards, development of licensing, permit and legal framework, development of economics for LPG bottling plant, pricing structure, and communication strategy.
Indian Oil will also assist in areas of infrastructure development for the new LPG Value chain, support for upgrading capacities of institutions along with policy development and review.
The MoU will also provides for administrative assistance to Indian Oil in case it decides to participate as a commercial participant in Ghana’s downstream petroleum sector.
The MoU was signed between the Indian Oil chief general manager for LPG operations L.K.S Chauhan and NPA chief executive Alhassan Sulemana Tampuli here today.
The MoU between the two countries symbolizes India’s recognition as leader in providing clean energy access to millions of Indians through the Pradhan Mantri Ujjwala Yojana successfully implemented by Ministry of Petroleum and Natural Gas with the support of oil marketing companies like Indian Oil and others.
