THE GHANA SUMMIT offered optimism and praise for the progress the west African nation's oil and gas industry has made in a short period of time. However, the optimism was tempered by calls to strike a balance between increasing local participation and attracting foreign investment. In the opening session, "Ghana's Oil and Gas Potential: Plans, Policies and Priorities", Dr Rashid Pelpuo, Minister of State, said that small and medium-sized enterprises (SMEs) need to be "propped up" and more Ghanaians need to get involved in the petroleum sector.
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