Ghana Gas Local Engineers Lauded For Successful Shutdown

Mr Ernest Kofi Owusu-Bempah,  Communication Director of Ghana National Gas  Company (Ghana Gas ) has lauded the efforts of the local engineers of the company for  a successful shut down of the  Atuabo Gas processing  Plant. He said the 21-day shutdown which began on February 1, was already in progress  but the company had not … Read more

Ghana Gas Local Engineers Lauded For Successful Shutdown of Atuabo Gas Plant

Mr Ernest Kofi Owusu-Bempah, Communication Director of Ghana National Gas  Company(Ghana Gas ) has lauded the efforts of the local engineers of the company leading to the successful shutdown of the  Atuabo Gas processing  Plant. He said the 21 day shutdown which began on February 1, was already in its 10th day but the company … Read more

PIAC Demands Swift Clearance of $ 2.4bn Energy Sector Debts

The Public Interest and Accountability Committee (PIAC) has warned that the troubles confronting Ghana’s energy sector may deepen soon if the huge debts in the sector are not settled. PIAC argues that the debt owed particularly by the Volta River Authority (VRA), greatly affected operations for 2016 considering the declining global oil prices. In the … Read more

Ghana Still Owes N-Gas – WAPCo

The West African Gas Pipeline Company (WAPCo) has revealed that, Ghana is yet to settle outstanding debts owed Nigeria Gas Company contrary to earlier reports that all outstanding debts had been fully settled. According to a General Manager at WAPCo Mike Enendu, government still owes the Nigerian gas company N-Gas, which means the government still … Read more

Power and Petroleum Require Critical Attention

By Moses Dotsey Aklorbortu The petroleum and power sectors of the economy, no doubt, are part of the critical areas that must be tackled if Ghana wants to move the economy forward and create wealth for the people. Fortunately, development of the third independent oilfield is almost complete as developers await the arrival of the … Read more

Ghanaians To Prepare For The Return Of Dumsor

Already, industries are crying for immediate intervention from government to avert the challenge that confront the power generation industry. Energy experts have warned that any delay in ensuring adequate gas supply for power generation could result in power outages by end of the second quarter. Due to this, the African Centre for Energy Policy (ACEP) … Read more

“No Dumsor” As Atuabo Shuts Down – Power Producers

The planned shutdown of the Atuabo gas processing plant between February 3 and 20, 2017 will not affect power generation and supply in the country, power producers have assured. According to them, they have instituted measures to ensure the production of enough power from the Akosombo and Kpong hydroelectric plants. The Ghana National Gas Company … Read more

CEO of Ghana Gas Quits

Dr. George Sipa-Adjah Yankey, CEO of the Ghana National Gas Company (Ghana Gas), is set to proceed on terminal leave, a press release has stated. According to the statement, “the Board of the Company last week approved a request by the CEO to proceed on terminal leave, effective February 1, 2017, and terminating in May … Read more

Sipa Yankey Quits, Leaving Behind $450m VRA Debt

The Chief Executive Officer (CEO) of the Ghana National Gas Company, Dr. George Sipa-Adjah Yankey, is set to proceed on terminal leave. The Board of the Company last week approved a request by the CEO to proceed on terminal leave, effective February 1, 2017, and terminating in May 2017. Corporate Communications Manager of Ghana Gas … Read more

Dr. Sipa Yankey Quits As Ghana Gas CEO

Dr. George Sipa-Adjah Yankey, CEO of the Ghana National Gas Company (Ghana Gas), is set to proceed on terminal leave. The Board of the Company last week approved a request by the CEO to proceed on terminal leave, effective February 1, 2017, and terminating in May 2017. Corporate Communications Manager of Ghana Gas, Mr. Alfred … Read more

Ghana Gas CEO Sipa Yankey Quits, Leaving Behind VRA $450m Debt

The Chief Executive Officer (CEO) of the Ghana National Gas Company, Dr. George Sipa-Adjah Yankey, is set to proceed on terminal leave. The Board of the Company last week approved a request by the CEO to proceed on terminal leave, effective February 1, 2017, and terminating in May 2017. Corporate Communications Manager of Ghana Gas … Read more

Ghana Gas CEO Sipa Yankey Quits, Leaving Behind VRA $450m Debt

The Chief Executive Officer (CEO) of the Ghana National Gas Company, Dr. George Sipa-Adjah Yankey, is set to proceed on terminal leave. The Board of the Company last week approved a request by the CEO to proceed on terminal leave, effective February 1, 2017, and terminating in May 2017. Corporate Communications Manager of Ghana Gas … Read more

CEO of Ghana Gas Quits

Dr. George Sipa-Adjah Yankey, CEO of the Ghana National Gas Company (Ghana Gas), is set to proceed on terminal leave, a press release has stated. According to the statement, “the Board of the Company last week approved a request by the CEO to proceed on terminal leave, effective February 1, 2017, and terminating in May … Read more

Jubilee Field To Shut Down For 15 Days

Oil production on the Jubilee Field will be shut down for 15 days, starting February 3, 2017, to allow for an interconnection with the Tweneboa, Enyera and Ntomme (TEN) operations. The planned shutdown will lead to immediate curtailment of production and export of natural gas from the FPSO Kwame Nkrumah to the Atuabo Gas Processing … Read more

Tullow To Shut Down Gas Export To Atuabo For Two Weeks

Tullow Ghana Limited, operators of Ghana’s main oil and gas exploration field, plans to begin a 15-day shutdown of operations at its offshore Jubilee Oil Field from February 3, 2017. The shutdown is to enable works on inter-connection between the Tweneboa, Enyenra, Ntomme (TEN) fields and the Jubilee Field for gas exportation from the FPSO … Read more

Stop Financing Infrastructure Projects

The Public Interest and Accountability Committee (PIAC) says the Ghana National Petroleum Company (GNPC) should desist from financing infrastructure projects with funds allocated to it from petroleum revenues. The Committee proposed that any outstanding payment (s) to be made in respect of the Western Corridor Road project must be paid from the allocations to the … Read more

VRA Owes Ghana Gas $306 Million

The Public Interest and Accountability Committee (PIAC) has called on the Ministries of Finance and Energy to urgently convince the Volta River Authority to settle its indebtedness to the Ghana National Gas Company. It said this was in order to prevent the VRA’s debts to Ghana Gas from spiralling to unmanageable proportions and thus compromising … Read more

VRA Owes Ghana Gas $306 Million

The Public Interest and Accountability Committee (PIAC) has called on the Ministries of Finance and Energy to urgently convince the Volta River Authority to settle its indebtedness to the Ghana National Gas Company. It said this was in order to prevent the VRA’s debts to Ghana Gas from spiralling to unmanageable proportions and thus compromising … Read more

$1bn China Development Bank Loan Can’t Be Paid?

The Public Interest and Accountability Committee (PIAC) has expressed doubts about the ability of the Ghana National Gas Company (GNGC) to commence the scheduled amortisation of the approximately US$1billion China Development Bank (CDB) loan facility that was contracted by the Government for the construction of the Atuabo Gas Processing Plant. PIAC said it arrived at … Read more

VRA Debts To Ghana Gas Could Spiral Out of Control

The Public Interest and Accountability Committee (PIAC) has asked government push the Volta River Authority (VRA) to pay more than $306 million it owes the Ghana National Gas Company (GNGC). The Committee warns in its latest report that the debts could hit unimaginable limits if the power producer does not move to clear it. The … Read more