Comprehensive  Ghana Oil and Gas news, information, updates, analysis


NEWS

Ghana Gas Company to start commercial production in July

  • SOURCE: | Editor
  • The Ghana Gas Company is now looking to start commercial production from the gas processing plant in July which would be after completing the installation of the plant by the end of June.

    The company last year announced that the plant would be ready for production by December 2012. But officials of the company attribute their inability to meet the target to government’s inability to meet some financial obligations on time.

    This also affected the supply of equipment being manufactured for the plant.

    Dr. George Sipa Yankey, Chief Executive of the Ghana Gas Company, explained to Joy Business: “We were supposed to make down payment 20 days after the date that we signed the agreement, unfortunately for us, the Ministry of Finance delayed in the payment of our contribution of the down payment.

    “So early September they warned us that if we didn’t pay within a period of time they are going to suspend work, in September 22 they gave us the final warning and on 24th all works were suspended.”

     

    The 700 million dollar gas infrastructure project will process gas from the Jubilee Field for power generation. The facility is expected to process about 150 million standard cubic of gas a day.

     

    Share this article

    Leave a reply

    Personality of the Month
    Poll

    Do you think the President should fund the free SHS with oil revenue?

    Follow Us Online
    About Us
    Reporting Oil and Gas project was launched on 4th June 2009 at Takoradi, Western Region, Ghana by Penplusbytes (www.penplusbytes.org) with the vision of providing a one stop online information and knowledge about Ghana’s oil and gas sector read more
    Events Calendar
    << Jul 2018 >>
    MTWTFSS
    25 26 27 28 29 30 1
    2 3 4 5 6 7 8
    9 10 11 12 13 14 15
    16 17 18 19 20 21 22
    23 24 25 26 27 28 29
    30 31 1 2 3 4 5
    Twitter Activity Stream
     

    Partners We are proud to be associated with:

    Skip to toolbar