Ghana Gas Company Archives

04 Feb

Ghana Gas Signs US$700m Deal For Second Gas Processing Plant

wontumionlineBusiness, Newsgas processing plant, Ghana Gas Company

The Ghana National Gas Company (GNGC) on Friday signed a Project Implementation Agreement with its joint venture partners to construct a second Gas Processing Plant (GPP Train 2) at an estimated cost of US$700 million. The gas plant would be sited at Atuabo in the Ellembele District of the Western Region and is expected to be completed within 24 months. It would generate 1,500 direct and indirect jobs within the Atuabo power enclave. At the signing ceremony in Accra, Dr Benjamin K. D. Asante, the Chief Executive Officer (CEO) of the GNGC, initialed for the Ghana Gas while Dr Hilton…

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…

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…