NPA Hosts Stakeholder Forum For NPA BILL
The National Petroleum Authority (NPA) has hosted industry players in Ghana’s petroleum downstream on the draft NPA bill as part of efforts to finalize the bill.
The forum on Monday, August 25 was held under the auspices of the Ministry of Energy and Green Transition and chaired by the Sector Minister, Hon. John Abdulai Jinapor.
In his welcome address, the Acting Chief Executive, Lawyer Godwin Kudzo Tamaklo, noted that the current NPA Act (Act 691), enacted in 2005 does not adequately address the needs and evolving challenges of the fast-growing petroleum downstream.
This, he said, makes it imperative for a new comprehensive legal regime that is adequately responsive to the exigencies of the time.
On his part, the Minister of Energy and Green Transition, Hon. John Jinapor, stressed that the forum was geared towards meaningful reforms to build a stronger and more efficient petroleum downstream sector.
“This stakeholders’ forum demonstrates government’s commitment to transparency, reforms and inclusiveness even as we move towards a more robust and efficient petroleum downstream sector.”
According to him, the draft bill is not only meant to regulate the sector in terms of the legal imperatives but to also deal with policy issues within the petroleum downstream.
The bill will soon be laid before Cabinet for consideration before making its way to Parliament for passage.
