Investigate Claims Against Saltpond Oil Company – ACEP Charges Gov’t

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Africa Center for Energy Policy, ACEP is urging government to investigate the claim that the Saltpond Offshore Producing Company (Oil Rig) is shipping more crude out of the country than it is producing.

The wholly Ghanaian owned oil firm operating in the country is reported to be under investigation by authorities in Washington, US for allegedly shipping stolen oil from Nigeria.

A Nigerian online portal thisdaylive.com on Sunday August 24, reported that the United States government had begun “investigation into crude oil shipments from Saltpond platform, a small oil facility off the coast of Ghana, due to strong suspicion that some of Nigeria’s stolen oil may be exported through the facility.”

The probe is said to be part of the broader enquiry into how Nigeria’s crude oil is being stolen and exported by local and international syndicates.

But speaking to Citi News, Director of Policy and Research at ACEP, John Peter Amewu said although ACEP doubts the allegation, government must not take the claim lightly.

“… It is a fact that Saltpond [Offshore] is not producing so much; what we will have to do is definitely to find out the duration in terms of how long does it take the vessel to fill up based on their production target,’’ he said.

According to him even though it is necessary for government to re-examine the report. ‘’…but I don’t think it is right for government to take the report as a valid; I want government to go into further investigations and ask the [US newspaper] how they came by that allegation,’’ he suggested.

Meanwhile, the Chief Executive Officer of Saltpond Offshore Producing Company Limited Ghana, Quincy Sintim-Aboagye is threatening legal action against US newspaper, Wall Street Journal, for publishing falsehood about the company’s operations.

The CEO of the company rubbished the claims on Accra based Joy FM, calling the report a smear campaign designed to undermine the company.
Mr. Sintim-Aboagye dismissed the publication describing it as a complete fabrication.

“This is a smear campaign by an unscrupulous being trying to destroy the reputation of the company so that our licenses would be seized,” he said.

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