{"id":414996,"date":"2017-09-05T20:52:20","date_gmt":"2017-09-05T20:52:20","guid":{"rendered":"https:\/\/ghana-mma.com\/2017\/09\/05\/lng-from-equatorial-guinea-to-improve-energy-security-boakye-agyarko\/"},"modified":"2017-09-05T20:52:20","modified_gmt":"2017-09-05T20:52:20","slug":"lng-from-equatorial-guinea-to-improve-energy-security-boakye-agyarko","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2017\/09\/05\/lng-from-equatorial-guinea-to-improve-energy-security-boakye-agyarko\/","title":{"rendered":"LNG from Equatorial Guinea to improve energy security &#8211; Boakye Agyarko"},"content":{"rendered":"<p><\/p>\n<div>\n<p>Ghana has signed a Heads of Agreement with Equatorial Guinea for the supply of 150 million to 200 million standard cubic feet of gas per day of Liquefied Natural Gas (LNG), as part of the measures being put in place by the government of President Akufo-Addo to guarantee the country\u2019s energy security.<\/p>\n<p>The agreement was signed by Ghana\u2019s Minister for Energy, Mr. Boakye Agyarko, and Mr. Gabriel Mbaga Obiang Lima, Minister of Mines, Industry, and Energy of Equatorial Guinea, and witnessed by President Akufo-Addo and President Teodoro Obiang Nguema Mbasogo.\u00a0<\/p>\n<p>Briefing journalists on arrival at the Jubilee Lounge of the Kotoka International Airport, Mr. Boakye Agyarko stated that there had been previous agreements entered into between the two countries that did not come into effect.<\/p>\n<p><!-- \/1002554\/Myjoyonline.com_InArticle_300x250 --><\/p>\n<p>\u201cBut this time, we have been given the marching orders by both Presidents to make sure that by the end of 2017 the agreements (for the supply of LNG) come live. The significance of this gas supply is of the stable state of power generation in our country,\u201d he said.\u00a0<\/p>\n<p>Ghana\u2019s Energy Minister indicated that \u201cfor some time, we relied on Nigeria for the supply of gas from the Nigeria Gas Company, transmitted by the West Africa Gas Pipeline Company. The performance of that arrangement has been very unsatisfactory. Out of the 120 million standard cubic feet of gas per day, we receive, on a daily basis, on the best of days, only 30 million standard cubic feet of gas per day, which had a negative impact on our ability to generate power, using gas as its fuel stock.\u201d<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/ghanamma.com\/wp-content\/uploads\/2017\/09\/6847123863227_9551184426217.jpg\" style=\"border-style:solid; border-width:2px; height:427px; margin:6px; width:640px\" data-pagespeed-url-hash=\"4282763987\" onload=\"pagespeed.CriticalImages.checkImageForCriticality(this);\" \/><\/p>\n<p><b>The Ministers of Energy after the signing of the Heads of Agreement<\/b><\/p>\n<p>The arrangements with Equatorial Guinea, he added, however, will bring in LNG, which can be stored for 21 days and used accordingly to further improve Ghana\u2019s power situation.\u00a0<\/p>\n<p>\u201cProperly delivered, this will allow Asogli, for example, to expand its power production from 120 MW and scale up all the way to 580 MW. This will, to a very large extent, stabilise further the electricity generation, transmission and distribution that we have,\u201d the Energy Minister stated.\u00a0<\/p>\n<p>He continued, \u201cAt the conclusion of the arrangement, it is our faithful expectation that gas, as a feedstock, instead of crude oil will be cheaper in terms of power production. This could mean that once the cost of producing electricity comes down, we will be in a further position to lower the user tariffs that our citizens pay for electricity.\u201d<\/p>\n<p>Boakye Agyarko described this as good news, stressing that \u201cwe are glad that under the President\u2019s leadership and direction, we have been able to come thus far. The nation will begin to benefit from what has happened over this trip.\u201d<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<\/div>\n<p>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a style=\"display:none\" rel=\"follow\" href=\"http:\/\/megatheme.ir\/\" title=\"\u0642\u0627\u0644\u0628 \u0648\u0631\u062f\u067e\u0631\u0633\">\u0642\u0627\u0644\u0628 \u0648\u0631\u062f\u067e\u0631\u0633<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ghana has signed a Heads of Agreement with Equatorial Guinea for the supply of 150 million to 200 million standard cubic feet of gas per day of Liquefied Natural Gas (LNG), as part of the measures being put in place by the government of President Akufo-Addo to guarantee the country\u2019s energy security. The agreement was [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":414997,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-414996","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>LNG from Equatorial Guinea to improve energy security - Boakye Agyarko - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2017\/09\/05\/lng-from-equatorial-guinea-to-improve-energy-security-boakye-agyarko\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"LNG from Equatorial Guinea to improve energy security - Boakye Agyarko - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"Ghana has signed a Heads of Agreement with Equatorial Guinea for the supply of 150 million to 200 million standard cubic feet of gas per day of Liquefied Natural Gas (LNG), as part of the measures being put in place by the government of President Akufo-Addo to guarantee the country\u2019s energy security. The agreement was [&hellip;]\" \/>\n<meta name=\"twitter:creator\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:site\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/09\\\/05\\\/lng-from-equatorial-guinea-to-improve-energy-security-boakye-agyarko\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/09\\\/05\\\/lng-from-equatorial-guinea-to-improve-energy-security-boakye-agyarko\\\/\"},\"author\":{\"name\":\"\",\"@id\":\"\"},\"headline\":\"LNG from Equatorial Guinea to improve energy security &#8211; Boakye Agyarko\",\"datePublished\":\"2017-09-05T20:52:20+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/09\\\/05\\\/lng-from-equatorial-guinea-to-improve-energy-security-boakye-agyarko\\\/\"},\"wordCount\":459,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/09\\\/05\\\/lng-from-equatorial-guinea-to-improve-energy-security-boakye-agyarko\\\/#primaryimage\"},\"thumbnailUrl\":\"\",\"articleSection\":[\"Business\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/09\\\/05\\\/lng-from-equatorial-guinea-to-improve-energy-security-boakye-agyarko\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/09\\\/05\\\/lng-from-equatorial-guinea-to-improve-energy-security-boakye-agyarko\\\/\",\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/09\\\/05\\\/lng-from-equatorial-guinea-to-improve-energy-security-boakye-agyarko\\\/\",\"name\":\"LNG from Equatorial Guinea to improve energy security - Boakye Agyarko - Ghanamma.com\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/09\\\/05\\\/lng-from-equatorial-guinea-to-improve-energy-security-boakye-agyarko\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/09\\\/05\\\/lng-from-equatorial-guinea-to-improve-energy-security-boakye-agyarko\\\/#primaryimage\"},\"thumbnailUrl\":\"\",\"datePublished\":\"2017-09-05T20:52:20+00:00\",\"author\":{\"@id\":\"\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/09\\\/05\\\/lng-from-equatorial-guinea-to-improve-energy-security-boakye-agyarko\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/09\\\/05\\\/lng-from-equatorial-guinea-to-improve-energy-security-boakye-agyarko\\\/#primaryimage\",\"url\":\"\",\"contentUrl\":\"\"},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/#website\",\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/\",\"name\":\"Ghanamma.com\",\"description\":\"News In Ghana - Latest Ghana News Headlines\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.ghanamma.com\\\/2017\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"LNG from Equatorial Guinea to improve energy security - Boakye Agyarko - Ghanamma.com","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ghanamma.com\/2017\/09\/05\/lng-from-equatorial-guinea-to-improve-energy-security-boakye-agyarko\/","twitter_card":"summary_large_image","twitter_title":"LNG from Equatorial Guinea to improve energy security - Boakye Agyarko - Ghanamma.com","twitter_description":"Ghana has signed a Heads of Agreement with Equatorial Guinea for the supply of 150 million to 200 million standard cubic feet of gas per day of Liquefied Natural Gas (LNG), as part of the measures being put in place by the government of President Akufo-Addo to guarantee the country\u2019s energy security. The agreement was [&hellip;]","twitter_creator":"@ghanamma","twitter_site":"@ghanamma","twitter_misc":{"Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.ghanamma.com\/2017\/09\/05\/lng-from-equatorial-guinea-to-improve-energy-security-boakye-agyarko\/#article","isPartOf":{"@id":"https:\/\/www.ghanamma.com\/2017\/09\/05\/lng-from-equatorial-guinea-to-improve-energy-security-boakye-agyarko\/"},"author":{"name":"","@id":""},"headline":"LNG from Equatorial Guinea to improve energy security &#8211; Boakye Agyarko","datePublished":"2017-09-05T20:52:20+00:00","mainEntityOfPage":{"@id":"https:\/\/www.ghanamma.com\/2017\/09\/05\/lng-from-equatorial-guinea-to-improve-energy-security-boakye-agyarko\/"},"wordCount":459,"commentCount":0,"image":{"@id":"https:\/\/www.ghanamma.com\/2017\/09\/05\/lng-from-equatorial-guinea-to-improve-energy-security-boakye-agyarko\/#primaryimage"},"thumbnailUrl":"","articleSection":["Business"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.ghanamma.com\/2017\/09\/05\/lng-from-equatorial-guinea-to-improve-energy-security-boakye-agyarko\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.ghanamma.com\/2017\/09\/05\/lng-from-equatorial-guinea-to-improve-energy-security-boakye-agyarko\/","url":"https:\/\/www.ghanamma.com\/2017\/09\/05\/lng-from-equatorial-guinea-to-improve-energy-security-boakye-agyarko\/","name":"LNG from Equatorial Guinea to improve energy security - Boakye Agyarko - Ghanamma.com","isPartOf":{"@id":"https:\/\/www.ghanamma.com\/2017\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.ghanamma.com\/2017\/09\/05\/lng-from-equatorial-guinea-to-improve-energy-security-boakye-agyarko\/#primaryimage"},"image":{"@id":"https:\/\/www.ghanamma.com\/2017\/09\/05\/lng-from-equatorial-guinea-to-improve-energy-security-boakye-agyarko\/#primaryimage"},"thumbnailUrl":"","datePublished":"2017-09-05T20:52:20+00:00","author":{"@id":""},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.ghanamma.com\/2017\/09\/05\/lng-from-equatorial-guinea-to-improve-energy-security-boakye-agyarko\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.ghanamma.com\/2017\/09\/05\/lng-from-equatorial-guinea-to-improve-energy-security-boakye-agyarko\/#primaryimage","url":"","contentUrl":""},{"@type":"WebSite","@id":"https:\/\/www.ghanamma.com\/2017\/#website","url":"https:\/\/www.ghanamma.com\/2017\/","name":"Ghanamma.com","description":"News In Ghana - Latest Ghana News Headlines","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.ghanamma.com\/2017\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"}]}},"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2017\/wp-json\/wp\/v2\/posts\/414996","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2017\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2017\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2017\/wp-json\/wp\/v2\/comments?post=414996"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2017\/wp-json\/wp\/v2\/posts\/414996\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2017\/wp-json\/wp\/v2\/media?parent=414996"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2017\/wp-json\/wp\/v2\/categories?post=414996"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2017\/wp-json\/wp\/v2\/tags?post=414996"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}