Ben K.D. Asante – The Chief Executive Officer of the Ghana National Gas Intensified the Primacy of Grasping New Gas Markets in the Energy Transition
By Abdul Rahman Bangura-
NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone– “Embracing New Gas Markets in the Energy Transition Discourse, the Role of Stakeholders,” the theme of the event convened key industry actors to communicate the important function of stakeholders in Ghana’s energy transition journey.
CEO Ben K.D. Asante during the the discussion brought out the demand for a symmetrical approach to the energy transition that assesses both environmental responsiveness and economic impact.
He underscored that the transition should be incremental rather than immediate and should be steered by components such as fuel type and
“Gas should be the preferred transitional fossil fuel choice based on low carbon emissions and cost,” stated Asante, emphasizing the benefits of natural gas as an intermediate energy source.
“Gas provides a cleaner alternative to traditional fossil fuels, contributing to lower carbon emissions while being cost-effective,” he said.
Asante moreover emphasized the significance of Africa glancing within itself for financing capital projects during the transition period. And exhorted the mainland to explore internal funding sources and build the necessary intellectual capacity to manage these projects effectively.
“Africa needs to tap into its resources to finance capital projects and should strive to develop the requisite intellectual capacity to manage these projects,” Dr. Asante further stated, highlighting the potential for Africa to become self reliant and drive its own energy transition.
For New Africa Business News (NABN) Abdul Rahman Bangura Reports, Africa Correspondent