ALL POSTS FILED UNDER: GHANA GAS
Ghana Gas saves $207m in 5yrs after Chinese engineers replaced with Ghanaians
Add a CommentThe Ghana National Gas Company (GNGC) has saved $207 million as cost of operations since March 2017 when Ghanaian engineers and technicians took over the running of the Atuabo Gas Processing Plant from the Chinese. The GNGC was established in July … Read more →
Taadi Marathon gets Ghana Gas support
Add a CommentGhana Gas National Company (GGNC) is the latest corporate body to join the list of sponsors for the first-ever Sekondi-Takoradi (Taadii) Marathon. The company as part of its Corporate Social Responsibility (CSR) has donated GH¢40,000 towards the organization of the … Read more →
Ghana Gas to commence supply of gas to Karpowership in October
Add a CommentThe setting up and laying of pipelines to power the relocated Karpowership from Tema to the Sekondi Naval Base is about 85 percent complete. Ghana Gas Company Limited will, as a result, push its first gas from Atuoabu gas processing … Read more →
VRA responsible for 98% of Ghana Gas’ debt stock – PIAC report
Add a CommentIt 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 … Read more →
LPG produced by Ghana Gas is safe — CEO
Add a CommentThe Ghana Gas Company has debunked rumours that liquefied petroleum gas (LPG) produced from natural gas from the Atuabo Gas Processing Plant is of a low quality and, therefore, stands a higher risk of exploding. It also refuted allegations by … Read more →
$560m bond cash to pay VRA’s debt to Ghana Gas
Add a CommentOUT of the GH¢17.4 billion bonds government will raise in the third quarter of this year from the securities market, $560million will be used to settle the Volta River Authority’s (VRA) indebtedness to Ghana National Gas Company (GNGC). The $560 … Read more →
VRA’s debt to Ghana Gas jumps to $534.2m
Add a CommentTHE indebtedness of Volta River Authority (VRA) to the Ghana National Gas Company (Ghana Gas) has jumped to $534.2 million as of May 31, 2017. The amount represents quantity of natural gas that the Atuabo Gas Plant supplied to VRA … Read more →
Ghana Gas denies reports of missing helicopters
Add a CommentThe management of Ghana Gas has denied media reports suggesting that four helicopters it purchased in 2015 are missing. In a statement on Wednesday, the management was emphatic that the four helicopters, and not seven as was reported, “are currently … Read more →
Ghana Gas denies signing BOT natural gas transmission pipeline agreement
Add a CommentTHE Ghana National Gas Company (GNGC) says it has not signed a Built, Operate and Transfer (BOT) agreement for natural gas transmission pipeline as reported. According the company, it only renewed a Project Implementation Agreement which was first signed on … Read more →
VRA owes Ghana Gas over $250m
Add a CommentThe Volta River Authority (VRA), main downstream off-taker of lean gas, owes Ghana National Gas Company over US$250 million for processed gas. This came to light when the new board of the Ghana National Gas Company visited the Atuabo Gas … Read more →
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(Nana Kwesi)