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.