During its maiden visit to the gas facility, the board said it will outline policies to make Ghana Gas financially independent and to ensure settlement of indebtedness by off-takers of the Company’s products.
The Volta River Authority (VRA), main downstream off-taker of lean gas, owes Ghana Gas over US$250 million for processed gas.
Chairman of the board John Armstrong Yao Klinogo made this assurance during the visit of the Board to the Atuabo Gas Processing Plant Tuesday to familiarise with operations of the Company.
Other members of the board on the familiarisation tour were Dr. George Sipa-Adjah Yankey, CEO of Ghana Gas, Alexander Kofi-Mensah Mould, CEO of the Ghana National Petroleum Corporation (GNPC), Vivienne Gadzekpo, Director of Legal Affairs at the Ministry of Petroleum and Awulae Amihere Kpanyinli III, Paramount Chief of the Eastern Nzema Traditional Area.
The new board, which replaced the first board of the Company, was sworn into office on February 4, 2016.
It is expected to shape the future of Ghana Gas and oversee the implementation of the second phase of the gas project.
The Board also paid a courtesy call on the chiefs and people of the Eastern Nzema Traditional Area and assured the community of its commitment to address the concerns of the communities in which Ghana Gas operates.
The CEO of Ghana Gas and member of the Board, Dr. Sipa Yankey, said Ghana Gas plans to roll out a series of corporate social responsibility interventions to support the developmental needs of the communities within its areas of operation.
The chiefs, in response, assured the Board of their support and affirmed their continuous cooperation for the success of the gas project and its associated community projects.