Tullow To Start Oil Production At Ghana Jubilee Field Dec 17-Min

Tullow To Start Oil Production At Ghana Jubilee Field Dec 17-Min
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Πεμ, 25 Νοεμβρίου 2010 - 19:08
Ghana will start commercial oil production on Dec. 17, a government official said Thursday. "We are expecting first oil on Dec. 17," deputy information minister Samuel Okudzeto Ablakwa told AFP.

Ghana will start commercial oil production on Dec. 17, a government official said Thursday.

"We are expecting first oil on Dec. 17," deputy information minister Samuel Okudzeto Ablakwa told AFP.

"The government and the Jubilee partners are anxiously looking forward to the day," he added, referring to the offshore oil field where the production will occur.

The Jubilee field, discovered in 2007 by U.S. firm Kosmos and operated by Anglo-Irish company Tullow Oil PLC (TUWOY), is estimated to contain some 1.6 billion barrels of crude, making it one of the largest finds in West Africa in recent years.

Tullow said this month that it expected production to reach 50,000 barrels per day before the end of the year.


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