Ghana- To Commence Gas Production

President John Mahama  Ghanian President

President John Mahama
Ghanian President

 

 

 

 

 

The management of Ghana Gas Company has announced that the country will commence gas processing for both industrial and domestic consumption at its Atuabo gas processing plant by the end of June in a bid to curb the frequent power outages the country is currently experiencing.

This decision is fuelled by Nigeria’s inability to provide the required gas supply necessary to power the country’s thermal plant.

With a daily need of about 400 million cubic feet of gas, Nigeria is expected to supply a minimum of 120 million cubic feet of gas daily to augment what is being supplied by the Akosombo hydro-electric dam but has been unable to fulfil its part of the contract.

Although Ghana has consistently called the attention of the West African giant to its failure to fulfil its part, there have been no changes and the country might be forced to seek a legal action.

Meanwhile, it has decided to source for alternative supply of energy at its own Atuabo gas processing plant which will obtain gas from the Jubilee Fields to power the thermal plants.

About 80 percent complete, the project has been ongoing for about two years three months and concerns are being expressed about the continued delay in completion.

Chief Executive Officer, Dr. George Sipa Yankey was however hopeful the gas project will be completed at the set deadline, attributing failure to meet past timelines to delayed release of funds by the Finance Ministry.

Ghana’s foray into gas processing will not only provide local employment and enable it meet rising demand for electricity, but may also lead to a surge in economic growth from export proceeds.

 

( Courtesy Ventures……Source……Our Freelance Contributor in Canada )

About the Author
Moses M'Bowe, is the Chief International Correspondent, For New Africa Business News And New Africa Daily News.

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