{"id":263179,"date":"2016-10-29T20:34:17","date_gmt":"2016-10-29T20:34:17","guid":{"rendered":"http:\/\/citifmonline.com\/?p=263179"},"modified":"2016-10-29T20:34:17","modified_gmt":"2016-10-29T20:34:17","slug":"npp-peddling-untruths-ghana-wont-sell-gas-to-china-petroleum-ministry","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/2016\/10\/npp-peddling-untruths-ghana-wont-sell-gas-to-china-petroleum-ministry\/","title":{"rendered":"NPP peddling untruths; Ghana won\u2019t sell gas to China \u2013 Petroleum Ministry"},"content":{"rendered":"
The Ministry of Petroleum has denied claims by the New Patriotic Party that Mahama-led administration intends to mortgage Ghana’s gas to China in a bid to convince the China Development Bank (CDB) to reactivate the remaining $2 billion of the $3 billion loan to government.<\/p>\n
This comes days after the acting Power Minister, Seth Terkper admitted<\/strong><\/a><\/span> on the Citi Breakfast Show<\/strong> that government is presently negotiating with the Chinese and plans to use the country’s gas as guarantee.<\/p>\n [contextly_sidebar id=”OLM03qUDeW3wFkEOEaEdRRjlpychyPH2″]Deputy Minister of Energy, John Jinapor earlier denied<\/strong><\/a><\/span> the existence of such plans after the NPP made the claims.<\/p>\n