Category: Oil And Gas
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Gas shortage hits parts of Ghana
Parts of the Greater Accra and Central Regions have been hit by an acute shortage of Liquefied Petroleum Gas. The situation has left consumers who depend on LPG for domestic, commercial and industrial purposes stranded. Some residents who spoke to Citi News said the shortage, which started on Wednesday, October 28, is taking a toll…
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Address fuel smuggling in budget presentation – COPEC to Gov’t
As the Minister of Finance prepares to read the budget today, October 28, 2020, the Chamber of Petroleum Consumers (COPEC), says it expects to hear government’s plans to end fuel smuggling in Ghana. Although government has made some efforts to address the challenge, the chamber says the problem persists, causing the country to lose revenue.…
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Lessen debt burden on IPPs for stable power supply – Togbe Afede to Gov’t
President of the National House of Chiefs and Co-founder of Sunon Asogli Power Ghana, Togbe Afede XIV, has lamented the poor state of Ghana’s energy sector stating that it is reeling under financial distress due to government’s inability to pay promptly for power supplied by Independent Power Producers. According to him, the debt owed them…
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Parliament approves Petroleum Hub Development Corporation Bill, 2020
Parliament has passed the Petroleum Hub Development Corporation Bill, 2020. The Bill, once assented to by the President, will establish the Petroleum Hub Development Corporation to promote and develop a petroleum and petrochemicals hub in Ghana’s Western Region. The project will involve the development of infrastructure such as refineries, port terminal facilities, storage facilities, as…
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NPA invites aggrieved tanker drivers for meeting over their concerns
The National Petroleum Authority (NPA) has invited the National Petroleum Tanker Drivers Union for a meeting to deliberate on concerns raised by the Union. Fuel tanker drivers held a press conference on Monday, October 19, 2020, to complain about some issues affecting them and demanded government’s intervention. They among other things complained about police harassment…
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Address our salary concerns, other issues in 48 hours – Tanker drivers to Akufo-Addo
The Ghana National Tanker Drivers Union has issued a 48-hour ultimatum to President Nana Akufo-Addo to address issues affecting their members or face their wrath. The tanker drivers, among other things, say they are compelled to take low salaries and endure harassment from police officers at various checkpoints in the country. They also accused the…
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IES co-founder to represent West Africa at Germany’s Policy on Hyrogen 2021
Co-founder and Director of Administration and Research at the Institute of Energy Securtiy (IES), Mr. Edmond Kombat, has been selected to participate in the ‘Energy Transition – Germany’s Policy on Hydrogen.’ The IES co-founder is expected to represent the Institute as one of the selected organisations among three organisations from Africa in Berlin during Quarter…
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Ghana targets over $1.5bn in export tax from Petroleum Hub Development Corporation
Parliament has begun processes for the passage of the Petroleum Hub Development Corporation Bill, 2020. The Bill seeks to establish the Petroleum Hub Development Corporation to promote and develop a petroleum and petrochemicals hub in Ghana’s Western Region. Chairman of the Mines and Energy Committee of Parliament, Emmanuel Akwasi Gyamfi, who spoke on the floor…
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ACEP advocates for contract transparency in extractive sector
The Africa Centre for Energy Policy (ACEP) has charged regulators of Ghana’s mining industry to implement international best mining practices in the award of contracts to ensure accountability in the extractives sector. Stakeholders in the extractive sector have constantly complained about contract agreements awarded to companies and the ineffective monitoring of the agreements. ACEP has…