Comments on: Cameroon gas project brings royalties for shareholders, but tainted water and brutalities to locals https://www.ghanabusinessnews.com/2018/02/09/cameroon-gas-project-brings-royalties-for-shareholders-but-tainted-water-and-brutalities-to-locals/ The first place for your business news Mon, 12 Feb 2018 09:04:27 +0000 hourly 1 https://wordpress.org/?v=6.7.2 By: Temujiin https://www.ghanabusinessnews.com/2018/02/09/cameroon-gas-project-brings-royalties-for-shareholders-but-tainted-water-and-brutalities-to-locals/#comment-10489 Sun, 11 Feb 2018 21:33:37 +0000 https://www.ghanabusinessnews.com/?p=181119#comment-10489 What a load of half -truth bollux

]]> By: Dave Roberts https://www.ghanabusinessnews.com/2018/02/09/cameroon-gas-project-brings-royalties-for-shareholders-but-tainted-water-and-brutalities-to-locals/#comment-10488 Sun, 11 Feb 2018 18:51:16 +0000 https://www.ghanabusinessnews.com/?p=181119#comment-10488 Report is full of basic errors and poorly written. As examples the 2 statemetns belwo are completely inaccurate:

“On March 10, 2017, Adolphe Moudiki, Director General of SNH, sent a notice of termination of the concession contract to GDC. In the notice, Moudiki says GDC has failed to share monthly income proportional to production, or pay concession and exploration fees or training costs totaling nearly $800,000.”

GDC is jointly owned, with VOG or its subsidiary owning a 55 per cent stake, RSM Production Corp. holding 40 per cent, and the Cameroonian government owning 5 per cent.

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