Sidebar

Exclusive Reports

29
Mon, Apr

Top Stories
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

There are indications that Nigeria Gas (N-Gas) may have reduced the supply of gas to the Ghana thermal power production by 50 percent over a total of $40.3 million debt. Nigeria had since been supplying Ghana with about 60 million cubic feet of gas per day as against its contractual 120 million standard cubic feet of gas daily.

The West Africa Gas Pipeline Company Limited, WAPCo had agreed the supply of 120 million standard cubic feet of gas daily to Ghana after Nigeria entered a contractual agreement with Ghana under the country's agency, Ecofin in 2011 after the commissioning of the gas plant in Nigeria.

 

A report from Ghana’s Ecofin posited that Nigeria had been sending about 60 million cubic feet of gas per day to Ghana since the beginning of 2018. In 2017, the Managing Director, WAPCo, Walter Perez spoke about the accrued debt owed by Ghana over the supply of gas.

 

“We are delivering gas now because we put arrangement in place for Ghana to prepay for the deliveries that they receive, and so that is working. We have every expectation that this will continue to work.

 

“There is a new government in Ghana, and so we are working with that government to understand what the situation is as we develop plans to retire the debt that they have accumulated,” Perez said.

 

The $1bn gas pipeline, operated by the West Africa Pipeline Company Limited, was affected as a result of the impact of militant attacks on oil and gas facilities in the Niger Delta as gas flowing into it.

 

Ghana gets about 25 per cent of its power supply through gas from Nigeria, which flows through the pipeline via Benin and Togo.

 

BLOG COMMENTS POWERED BY DISQUS