The Ghana National Gas Company (Ghana Gas), says it has renewed a Project Implementation Agreement with the conglomerate, Yantai Jereh Oilfield Services Group Co. for engineering and survey studies on the proposed 278 kilometre onshore natural gas transmission pipeline from Aboadze to Tema.
The agreement renewal, approved by the Ministry of Energy, was initially signed on September 7. 2016 for six months and was renewed on April 11. 2017 for a further six months, according to a statement by Ghana Gas.
“Ghana Gas wishes to inform its stakeholders that the PIA only mandates Jantai Jereh to complete the Front End Engineering Design (FEED) and topographical/geotechnical site surveys for the proposed onshore natural gas transmission line. During the validity period of the PIA certain preliminary activities are to be undertaken by Yantai Jereh with the prior approval of Ghana Gas. These include the engagement of a contractor to perform the FEED.”
The statement signed by Ghana Gas’ Director, Commercial Operations, George Amoako-Adjei explained that the purpose of the Project Implementation Agreement is to serve as a prelude for the negotiation of a Build, Operate and Transfer (BOT) agreement and that all cost of implementation of the FEED shall be approved by Ghana Gas.
“We wish to inform our stakeholders and the general public that a BOT agreement for the natural gas transmission pipeline has not been concluded, nor executed.”
Join GhanaStar.com to receive daily email alerts of breaking news in Ghana. GhanaStar.com is your source for all Ghana News. Get the latest Ghana news, breaking news, sports, politics, entertainment and more about Ghana, Africa and beyond.