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


News in Brief

Ghana may flare gas as Jubilee Field completion delays

An Energy Analyst, Muhammed Amin Adam has told Myjoyonline that the current delays in the completion of the gas infrastructure project by SINOPEC could result in the harmful practice of gas flaring at the Jubilee oil field.

China’s SINOPEC has threatened to abandon the project because of financial challenges government is having in paying it for pre-financing the project.

The Ghana Gas Company has already hinted the current bottleneck could potentially affect the completion of the project.

This will automatically have implications for the Jubilee Field which analysts have warned can no longer hold gas after June this year.

Mr. Adam who is also the Executive Director of the Africa Centre for Energy Policy explained that the law allows for gas flaring for “operational reasons and you can flare when you are compelled to”.

According to him, “when we are not ready with our gas infrastructure they are compelled to flare…”

He however raised concerns about the environmental implications of the process if it happens saying, “when you flare you know the environmental implications of flaring and it’s for this reason Ghana has decided to uphold high levels of environmental standards and therefore if even before we mature into production we are already going to face high environmental risks, then we will not be starting well as a new oil producing country”.

The $700 million Gas infrastructure project is being funded from the $3 billion loan from the China Development Bank (CDB) which is currently delaying.

Get the latest news and updates on Ghana’s oil and gas value chain by following us Reporting Oil and Gas on twitter @oilgasghana and like our facebook page and get at us on Google+. Subscribe to our group to get updates.

Profile photo of Editor
Follow Us

Editor

Reporting Oil and Gas project was launched on 4th June 2009atTakoradi, Western Region, Ghana by Penplusbytes (PPB – www.penplusbytes.org) with the vision of providing a one stop online information and knowledge about Ghana’s oil and gas sector
Profile photo of Editor
Follow Us

Share this article

Leave a reply

Personality of the Month
  • Prof. Thomas Mba Akabzaa Chief Director of Ministry of Petroleum          …
Follow Us Online
Join the Discussions

Summary: Revenue mobilization from the oil sector for Agricultural production in Ghana, a myth or reality?

Agriculture, once considered the backbone of Ghana’s economy recorded a reduction of its contribution to GDP from 45% in 1992…

Responses Add your response


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
<< Aug 2017 >>
MTWTFSS
31 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
Twitter Activity Stream
 

Partners We are proud to be associated with:

Skip to toolbar