Mr Ishmael Edjekumhene gave the caution in Takoradi on Thursday when he addressed an Educational Forum, on “Ghana’s Fledging Oil and Gas Industry”, which attracted a number of students from second cycle schools in the metropolis.
He said most of the schools have not received accreditation to train people for job opportunities in the industry.
Mr Edjekumhene advised the students to be realistic in accessing job opportunities in the oil and gas sector, since it would offer limited employment to Ghanaians.
He said the Floating Production and Storage Offloading facility could at the moment offer 670 direct job opportunities for experts although there would be offers for auxiliary jobs.
Mr Edjekumhene said for a start, Ghana could produce between 60,000 -120,000 barrel of oil a day.
“Our oil industry is not a giant as other major oil producing countries like Nigeria, Saudi Arabia and Qatar.”
He said Ghana’s share in the Jubilee field is between 38 to 52 per cent in the form of taxes and royalties.
Mr Edjekumhene said the nation is expected to earn between $200 million and $ 1.6 billion annually from the oil industry.