GNPC Allays Excess Gas Fears As Government Works To Drive Consumption

GNPC Allays Excess Gas Fears As Government Works To Drive Consumption The Ghana National Petroleum Corporation (GNPC) has downplayed the heightened cynicism by stakeholders that the country may soon be faced with another excess gas situation as it happened in the power sector but for which government had to pay millions of dollars notwithstanding its inability to utilise the power. The GNPC has signed an agreement with Rosneft Trading SA (RTSA) for the supply of 1.7 million metric tonnes per annum (mmtpa) of gas. Under the contract terms, GNPC will procure LNG from RTSA under a 12-year Gas Supply Agreement…