Tag: Ghana Gas
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Challenges that warranted unplanned gas cut resolved – Ghana Gas
The Ghana National Gas Limited Company says issues that warranted an unplanned reduction in natural gas supply to the power generation companies have been resolved. There was widespread power outage in several parts of the country on Friday, July 7. The Ghana Grid Company Ltd (GRIDCO) blamed the outage on a shortage of gas supply…
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Gas is the ideal transitional fossil fuel due to its low carbon emissions – Ghana Gas CEO
The Chief Executive Officer (CEO) of the Ghana National Gas Company (Ghana Gas), Dr. Ben K. D. Asante, emphasized the importance of embracing new gas markets in the energy transition discourse during a stakeholder round table discussion held on Tuesday, July 4, 2023. With the theme “Embracing New Gas Markets in the Energy Transition Discourse,…
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Akufo-Addo gives Ghana Gas greenlight to acquire Ghana Cylinder Company
President Nana Addo Dankwa Akufo-Addo has given the Ghana National Gas Company Limited (Ghana Gas) the green light to acquire the Ghana Cylinder Manufacturing Company. The acquisition of the company will help it acquire the necessary resources to run efficiently. This was captured in a letter the Presidency wrote to the Managing Director of the…
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Ghana Gas granted Genser discounted gas price in 2019 – Energy Ministry clarifies
The Ministry of Energy says record available shows that the Ghana National Gas Company (GNGC) granted Genser a discounted gas price of $6.50MMBtu as far back as 2019. According to the Ministry, there is enough documentary evidence to also support the fact that in April 2018, Ghana Gas entered into a Gas Sales Agreement with…
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Francis Boateng named as new TOR MD
President Akufo-Addo has nominated Mr. Francis Boateng as the new Managing Director for the Tema Oil Refinery according to Citi News sources. He replaces the immediate MD, Kweku Asante Berko, who resigned over allegations of his involvement in a bribery scandal by the Securities and Exchange Commission in the U.S.A. TOR has been without a…
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Ghana Gas owes GNPC US$260 million for gas supplied – PIAC report
The first half year report on petroleum revenue management by the Public Interest and Accountability Committee, PIAC, has shown that Ghana Gas Company owes GNPC in excess of 260 million dollars for gas supplied. The issue, PIAC says continues to impact GNPC’s operations as well as other allocations that are to be made per law.…
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Ghana Gas to commence supply of gas to Karpowership
Work being done to enable Ghana Gas supply gas to power the Karpowership is near completion with gas flow expected to start tomorrow. According to the Ghana Gas Company, engineering works, electrical connections and laying of pipelines to the Karpowership at the Sekondi Naval Base in the Western region is about 98 percent complete. Ernest…
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Work on Karpowership relocation will be completed next month — Ghana Gas
The Ghana National Gas Company has announced that civil engineering works being done on the relocation of the Karpowership from Tema to the Sekondi Naval Base in the Western Region would be completed at the end of August this year. The government took a firm decision to move the 450 megawatts Karpowership to Sekondi…
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VRA responsible for 98% of Ghana Gas’ debt stock – PIAC report
It has emerged that the Volta River Authority, VRA, alone is liable for almost ninety-nine (98.99) percent of the amounts owed the Ghana Gas Company by its suppliers. According to the 2018 annual report of the Public Interest and Accountability Committee, PIAC, the VRA owes Ghana Gas over two hundred million dollars as at the…
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Load shedding to minimize as Ghana Gas completes tie-in of gas pipelines
Ghana should increase its power production by about 450 megawatts within the coming months. This follows the completion of tie-in of gas pipelines connecting Takoradi and Tema in a bid to stabilize the production and supply of power. There have been cuts in power supply to parts of the country over the past two months…