![Akufo-Addo turns valve on FPSO John Agyekum Kufuor](https://i2.wp.com/3news.com/wp-content/uploads/2017/03/Akufo-Addo-french-new-mission.jpg?resize=563%2C338)
Since assuming office on Jan. 7, Akufo-Addo has inaugurated a number of projects
President Nana Addo Dankwa Akufo-Addo is expected to turn the valve on the Floating Production Storage and Offloading (FPSO) barge – named after former president John Agyekum Kufuor – offshore Cape Three Points on Thursday.
The ceremonial turning of valve is to mark the commencement of commercial oil exploration from Sankofa Gye Nyame Fields.
A 63-kilometer submarine pipeline is expected to transport gas from the Fields to onshore receiving facilities (ORF) at Sanzule for power transmission.
The ceremony offshore is expected to be followed by a durbar of chiefs and government functionaries onshore.
ENI is the operator of the Offshore Cape Three Points (OCTP) bloc with a 44.44 per cent stake while Vitol and Ghana National Petroleum Corporation (GNPC) hold 35.56 per cent and 20 per cent respectively.
Source: 3news.com|Ghana
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