{"id":10899,"date":"2014-04-04T07:58:00","date_gmt":"2014-04-04T07:58:00","guid":{"rendered":"http:\/\/4cd.e16.myftpupload.com\/?p=10899"},"modified":"2014-04-04T07:58:00","modified_gmt":"2014-04-04T07:58:00","slug":"ten-sankofa-fields-to-boost-ghanas-reserves","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/?p=10899","title":{"rendered":"TEN &#038; Sankofa fields to boost Ghana\u2018s reserves"},"content":{"rendered":"<p><a href=\"http:\/\/4cd.e16.myftpupload.com\/wp-content\/uploads\/2014\/04\/oil.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-10901\" alt=\"oil\" src=\"http:\/\/4cd.e16.myftpupload.com\/wp-content\/uploads\/2014\/04\/oil.jpg\" width=\"433\" height=\"300\" srcset=\"https:\/\/citifmonline.com\/wp-content\/uploads\/2014\/04\/oil.jpg 433w, https:\/\/citifmonline.com\/wp-content\/uploads\/2014\/04\/oil-300x207.jpg 300w\" sizes=\"auto, (max-width: 433px) 100vw, 433px\" \/><\/a>Ghana\u2019s foreign exchange reserves are expected to receive some significant boost in two years when the Tweneboa, Enyenra and Ntomme (TEN) and Sankofa-Gye Nyame projects come on stream.<\/p>\n<p>The TEN project is expected to deliver its first oil in 2016, with a production rate of 80,000 barrels of oil per day.<\/p>\n<p>While the Sankofa-Gye Nyame field has reserves of about 150 million barrels of crude oil.<\/p>\n<p>The field is also expected to load its first cargo of crude oil by 2016 and export its first gas by 2017.<\/p>\n<p>Foreign Exchange Reserves in Ghana decreased to 4699.48 USD Million in September last year from 5337.87 USD Million in August of the same year.<\/p>\n<p>From 2002 until 2013, Foreign Exchange Reserves averaged 2502.0 USD Million reaching an all time high of 5438.7 USD Million in January of 2013 and a record low of 300.3 USD Million in May of 2002.<\/p>\n<p>Finance minister Seth Tekper says the coming on stream of the two projects should boost the medium term prospects of increasing outputs and shoring up foreign exchange reserves.<\/p>\n<p>&nbsp;<\/p>\n<p>By: \u00a0Vivian Kai Mensah\/citifmonline.com\/Ghana<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ghana\u2019s foreign exchange reserves are expected to receive some significant boost in two years when the Tweneboa, Enyenra and Ntomme (TEN) and Sankofa-Gye Nyame projects come on stream. The TEN project is expected to deliver its first oil in 2016, with a production rate of 80,000 barrels of oil per day. While the Sankofa-Gye Nyame [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":10902,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"jnews_override_counter":[],"footnotes":""},"categories":[19],"tags":[22,21,4],"class_list":["post-10899","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-health","tag-medcirclesgh","tag-psychiatric","tag-st-augustines-college"],"_links":{"self":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/10899","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10899"}],"version-history":[{"count":0,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/10899\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/media\/10902"}],"wp:attachment":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10899"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10899"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10899"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}