15 March 2016

Ghana: Energy Magazine Second Edition Discusses Oil and Gas Concerns

The Energy Media Group has introduced into the market its second quarterly free energy magazine issue digging deeply into oil and gas market trends and presenting challenges and opportunities opened to emerging oil producers.

The maiden edition of the leading oil and gas magazine - Energy Ghana Magazine (EGM) was unveiled in August 2015, stimulating a debate around full-price petroleum deregulation to tame shortages, avert indebtedness and direct subsidies into productive initiatives.

Mr Henry Teinor, Editor of the EGM, said the second edition dealt with a wide range of topics about oil and gas market dynamics, and presented a distinct content tailored to meet varied demands of its audience.

"To our patrons, readers and stakeholders in the energy industry and oil and gas sectors, I am pleased to inform you that this edition comes with a huge variation of reading content designed to meet the demands of our global audience," he said.

"We delved into the many development trends in the oil and gas markets in Africa and the challenges and opportunities that come with," he said.

Mr Teinor, who is also the Chief Executive of the Energy Media Group, said Africa rise to oil production was plagued with governance challenges that largely affected the industry's market.

The edition carries many stories, including what is believed to be the heavily contested issue, the dynamics of corporate social responsibility in the oil and gas industry, which he said was featured to make available ample information to society.

The paradox of energy demand and supply in Ghana and Africa is a question that comes with some analysis which never seem to end.

Mr Teinor said: "in this issue, we delved into it in an attempt to get some answers no matter how one views the future from the lenses of an energy expert; electric cars and solar power are now considered as sources of renewable [or otherwise]".

In the midst of the oil price crash and its impact on economies with many countries battling survival, and Ghana being an oil producing country, the magazine questioned what the stakes are for the country and the escape strategy, if any.

The edition attempts to provide Ghana's stand in nuclear as the ostensibly unending debate about the country's desire to go nuclear rages.

"Good as it may be, we questioned Ghana's readiness," Mr Teinor said.

The magazine also touched on health and safety issues integral to the petroleum sector as well as gender disparity within the oil and gas sector and questioned the need and call for equality or equity in the petroleum industry.

"In the quest to solve Ghana's power crisis, many solutions have been proposed, but is energy conservation the giant hope? This and many more on the energy front is what this edition brings to you," Mr Teinor said.

The Energy Ghana Magazine seeks to give consumers comprehensive information on the petroleum sector as well as provoke intellectual debate for improved policies.


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