GNGC Fumbles Over Gas Completion Date

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Andrew Adu speaking at the workshop

Andrew Adu speaking at the workshop

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But PURC’s officials intervened to ensure calm.
Mr Adu, in his earlier presentation, said the Ghana Gas project, which would process about 150 million Standard Cubic Feet of raw gas per day from the Jubilee Oilfield, was almost completed.

According to him, the gas processing plant was 90 percent complete, while the offshore pipeline was 99 percent complete, waiting commissioning.

He said the onshore pipeline was also 98 percent complete, adding that pre-commissioning activity was on-going after which Tullow interconnection will follow.

Mr Adu said the company was currently awaiting the determination of pipeline tariffs by the PURC.

He said the flow of gas from the Atuabo Gas infrastructure was expected to reduce the cost of power generation and ensure reliable power supply in the country.

Mr. Adu said economic recovery gas price will be driven by infrastructure and operating maintenance costs, financing charges, depreciation and rate of return.

He said Ghana Gas has been approached by a number of Independent Power Producers (IPPs), who have secured temporary generation license from the Energy Commission, adding that estimated IPPs gas demand was in the region of 900,000MMbtu/d.

Mr. Adu said Ghana Gas would ensure constant supply of gas by connecting pipeline from the West African Gas Pinpeline to Tema in future to power industry and thermal plants.

He said Ghana gas will also import of Liquefied Natural Gas (LNG) and encourage exploration away from Tano Basin through rebates and tax holidays/exemptions.

By Cephas Larbi
 
 
 


 

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