Ghana: Great expectations from Jubilee
Ghana may at last gain more control over the development of its nascent gas industry this year, when the offshore Jubilee field starts production. The giant oilfield – easily Ghana’s biggest ever discovery – is scheduled to enter production in Q4 2010. Reserves estimates vary but indicate a find in excess of 1 billion barrels of light crude. Jubilee’s future production will give Ghana’s natural gas industry the potential of meeting its domestic demand and the possibility to become an Atlantic Basin LNG supplier.
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