Dumsor Still Lingers On

If anyone ever thought the power crisis which bedeviled the country in the Mahama-led administration was a thing of the past, the person must rethink because the problem still persists, Energy Minister-designate, Mr. Emmanuel Boakye Agyarko, has said. Admitting that there has been some stability on the electricity front, Mr. Agyarko said “the problem was … Read more

We’ll Reduce Energy Sector Levies – Boakye Agyarko

The Energy Minister Nominee for Energy, Boakye Agyarko has announced an ambitious plan by the NPP government to reduce the taxes on the energy sector even as it initiates plans to address challenges facing the country’s power sector. As a result, the government says it will revise the energy sector levies. Mr. Agyarko who believes … Read more

We’ll Reduce Energy Sector Levies – Boakye Agyarko

The Energy Minister Nominee for Energy, Boakye Agyarko has announced an ambitious plan by the NPP government to reduce the taxes on the energy sector even as it initiates plans to address challenges facing the country’s power sector. As a result, the government says it will revise the energy sector levies. Mr. Agyarko who believes … 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

Energy Sector Cash-Strapped – Agyarko

Energy and Petroleum Minister-designate Boakye Agyarko has attributed the re-emergence of the power crisis to a lack of funds in the energy sector. According to him, to end the power crisis which has come to be known locally as dumsor, government will have to improve financial management and structuring within the energy sector. Mr Agyarko … 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

Agyarko Promises New Era In Energy Sector To End Dumsor

Ghana’s unyielding energy sector challenges can only be surmounted with a proper financial management of the power delivery value chain, says Boakye Agyarko, minister-designate for Energy. The minister-designate has promised to move the country from the current state of erratic power cuts (dumsor) to a steady state of power supply and eventually to “the ideal … Read more

Only A Minister Who Is A Financial Guru Can Solve ‘dumsor’

The Director of Operations of the Progressive People’s Party (PPP) has argued that only a ‘financial guru’ can help end the perennial power crisis, also known as Dumsor. The Daily Graphic reported that dumsor was imminent in the coming days as the power sector is on the verge of losing 600 megawatts (MW) of generation … 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

Ghana 98MW Away From A Return of Load-Shedding

The Africa Centre for Energy Policy (ACEP) has stressed Ghana’s power supply situation is in a “fragile state” despite assurances from the Volta River Authority (VRA). Head of policy at ACEP Dr Ishmael Ackah told Joy News on Monday that all that stands between a return to the era of the erratic power supply is … Read more

Ghana 98MW Away From A Return of Load-Shedding – ACEP

Ghana 98MW away from a return of load-shedding – ACEP The Africa Centre for Energy Policy (ACEP) has stressed Ghana’s power supply situation is in a “fragile state” despite assurances from the Volta River Authority (VRA). Head of policy at ACEP Dr Ishmael Ackah told Joy News on Monday that all that stands between a return to the … Read more

Dumsor Imminent As Power Sector Loses 600mw

Power outages, popularly known as dumsor, are imminent in the coming days as the power sector is on the verge of losing 600 megawatts (MW) of generation by February 3, 2017 due to a complex web of financial obligations and other challenges confronting the national generator, the Volta River Authority (VRA). The power supply deficit … Read more

Boosting Power Generation In Ghana With LNG

By Joe Asamoah Natural gas, the cleanest fossil fuel, can best be transported over long distances from one location to another with no pipeline connectivity in the form of liquefied natural gas (LNG). However, what is LNG? LNG is natural gas (predominantly methane, CH4) that has been converted to a liquid form for easy storage … Read more

Ghana Likely To Be Plunged Into Dumsor

Energy think-tank ACEP has charged government to as a matter of urgency reopen negotiations with Nigeria gas to avert possible power outages. The company last year cut supply to Ghana as government is indebted to the Nigerian gas supplier in excess of $180 million. Ghana is currently enjoying some relative power supply giving the deployment … Read more

Jail Looms As Gov’t Reviews “stinking” $510m Ameri Deal

The Nana Akufo-Addo-led administration has described the $510 million contract between Ghana and Africa and Middle East Resources Investment (AMERI) Group as a “stinker.” “It is a stinking deal,” a high profile personality at the Jubilee House whispered to Starrfmonline.com after studying the Transition Report. The Ameri Group was contracted by the John Mahama-led administration … 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