Energy Ministry Archives - Wontumi Online

14 Jan

Fuel Supply, Financial Challenges Top Priorities For Energy Sector – John Jinapor

CUD Wontumi0 CommentsBusinessEnergy Ministry

Energy Minister-designate, John Jinapor, has identified fuel supply and financial stability as the most pressing challenges confronting Ghana’s energy sector. Speaking during his vetting before Parliament’s Appointments Committee on Monday, January 13, Mr Jinapor outlined strategic measures to address these issues and ensure the resilience of the country’s power infrastructure. According to him, a significant fuel supply gap of 40 to 60 million standard cubic feet per day (mmcf/d), even with contributions from ENI, Jubilee, TEN fields, and Nigeria Gas (N-Gas). This deficit has forced reliance on alternative fuel sources, including light crude oil, heavy fuel oil, and distillate fuel oil,…

25 Apr

The Energy Ministry Is Making It Difficult For Communicators To Defend The Ongoing Power Outages- Kafui Amegah

wontumionlineFeatured, News, TrendingEnergy Ministry, Kafui Amegah, Power outages

A member of the NPP communications team, Kafui Amegah has blamed the energy minister, for making communication on the ongoing power outage difficult for communicators. According to him, the energy minister is not providing them with any briefing and thus, making their communication a difficult task. "Businesses are being affected by the dumsor and yet, we are not able to communicate or tell Ghanaians what exactly the problem is. People are forced to purchase plants, which they have not budgeted for because they would want to keep their businesses still running, even after buying the plant, prices of fuel is…

29 May

Energy Ministry Flags Aker’s US$1.7 Billion FPSO Bill

wontumionlineBusinessAker Energy Ghana Limited, Dr Matthew Opoku Prempeh, Energy Ministry, Kadijah Amoah

The Ministry of Energy has a US$1.7 billion bill for a Floating Oil Production Storage Offloading (FPSO) vessel which the Norwegian company Aker Energy Ghana Limited, purchased for US$35 million as part of a Plan of Development (PoD) to the government of Ghana. “Even though Aker has sold their interest in Ghana, they are scheming to stay on the Pecan development through surrogates and Ghanaian collaborators across segments of our society to amass ridiculous benefits from the Pecan field development. “Aker Energy purchased an FPSO for $35 million. In their Plan of Development submitted to the Government, Aker’s previous owners…

21 Mar

Energy Ministry Releases 2000 Pre-Paid Meters For Kejetia Market

wontumionlineBusiness, NewsEnergy Ministry, Kejetia Market

Energy Minister, Dr. Mathew Opoku Prempeh has assured Kejetia market traders who have been protesting for a separate pre-paid meter system for each shop that their demands will soon be met. The Manhyia South MP gave the assurance when he visited the burnt portion of the Kejetia market extension lane on Monday, March 20, 2023. Addressing the traders, he disclosed that 2000 pre-paid meters have arrived in Kumasi for ECG to begin installation soon. Dr. Mathew Opoku Prempeh who was in the company of Vice President Dr. Mahamadu Bawumia, First Lady Samiratu Bawumia, Minister of Parliamentary Affairs Osei Kyei Mensah-Bonsu,…

08 Feb

Ghana’s Oil Profile Under Akufo-Addo Unprecedented – Energy Ministry Tells Mahama

wontumionlineNewsAkufo-Addo, Energy Ministry, Mahama, oil sector

The Minister of Energy, says Ghana’s oil production under President Akufo-Addo is unmatched. The Ministry said President Akufo-Addo’s vision has led to discovery of more oil wells. In a press statement issued on Tuesday, February 7, the Ministry thus said former President John Dramani Mahama’s claimof no additional production activity in our upstream oil sector under Akufo-Addo is is inaccurate. It thus asked Ghanaians to disregard the claims by the former President. “For the record, under Akufo-Addo’s presidency, Ghana has seen an unprecedented oil wells success rate from all exploration drilled from 2017 to date. “Out of seven exploration wells…

13 Jan

Our Oil Blocks Are Ready To Be Tapped – Energy Minister Tells Investors In London

wontumionlineBusiness, NewsEnergy Minister, Energy Ministry, London, Matthew Opoku Prempeh

Energy Minister, Dr Matthew Opoku Prempeh has asked investors in London to take advantage of the numerous opportunities in Ghana’s upstream petroleum industry. Dr Prempeh who is leading the Ghanaian delegation is seeking to put on show six (6) available oil blocks for massive investment which are the Deep Water Cape Three Points Block, Offshore Cape Three Points South Block, Shallow Water Cape Three Points Block and Southwest Saltpond Block. It also includes the Expanded Shallow Water Tano (ESWT) Block, and Offshore Cape Three Points South (OCTPS) Block. At a strategic roadshow event at the Cavendish Conference Centre in London Dr…

12 Jan

Ghana Gas Granted Genser A Discounted Gas Price In 2019 – Energy Ministry Clarifies

wontumionlineBusinessEnergy Ministry, Ghana Gas Company

The Ministry of Energy says records available show that the Ghana National Gas Company (GNGC or Ghana Gas) granted Genser Energy a discounted gas price of $6.50 MMBtu 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 Genser. The Gas Sales Agreement, according to the Ministry, was to enable the company to procure gas to fuel its power plants. These events, according to the Ministry, clearly show that Ghana Gas and its management have been leading all…

11 Jan

Energy Ministry Denies Signing Deal With Genser Energy Ghana Limited

wontumionlineBusiness, NewsEnergy Ministry, Genser deal, Ghana Gas Company, Matthew Opoku Prempeh

The Energy Ministry has dismissed reports that it has signed a deal with Genser Energy Ghana Limited. The Ministry in a statement said the only deal signed with Genser is by the Ghana National Gas Company and the Ghana National Petroleum Commission which are on record. “The Minister wishes to state emphatically that neither he nor anyone else acting on behalf of the Ministry has signed any contract with Genser.” This comes after workers of the Ghana National Gas Company (Ghana Gas) expressed disapproval of the Energy Ministry’s alleged deal with Genser Energy Ghana Limited. They want President Akufo-Addo to…