Still counting our losses as a country from the recent gas explosion, the Media General online portal 3news,on Tuesday October 10threported “Parliament’s Mines & Energy C’tee charged to act on laws on fuel stations”. The story disclosed Government’s decision for the immediate amendment of some laws pertaining to Fuel station business across the country.
Also, on updates concerning Saturday’s tragedy, Myjoyonline has revealed that “Atomic fire: Gas depot allegedly flouted directive to install critical equipment”. According to the news portal the Association of Gas Tanker Drivers has alleged that Mansco Gas Station, where the huge fire explosion occurred last Saturday, failed to fix electric discharge pumps to detect leakage.
Furthermore, the Accra based Classfmonline has also revealed, “Ban all on-site dispensing of gas: OG”. This they explained, Pressure group, OccupyGhana, has proposed that all on-site dispensing of Liquefied Petroleum Gas (LPG) be banned by government as part of measures to avert gas explosions such as the one that occurred on Saturday, 7 October killing seven and injuring 132.
“IMF blocks issue of energy sector bond” is boldly capture on the business page of Citifmonline. According to the business team, the delay in issuing the Energy Sector bond is due to an inconclusive meeting with the International Monetary Fund on the categorization of the bond. This they explained was gathered from an earlier statement from the Finance Ministry indicated that, government will issue the 2.5 billion dollar energy sector bond in September this year, but that is yet to happen.
Again the Accra-based business newspaper onling, Business and Financial Times has also disclosed “Hybrid power stations to add 850MW to grid – Energy Minister”. The news page explained that some 850megawatts of power is expected to be added to the national grid as government pursues an agenda to convert all hydro generating stations into hybrid facilities, incorporating solar energy into them. According to the Minister for Energy, Boakye Agyarko, the additional megawatts of power are expected to be derived from three hybrid systems which would include Bui, Akosombo and Kpong Dams.
Meanwhile, “Oil prices rise as OPEC says market is rebalancing” was captured on the site of the international news portal Reuters. Reuters disclosed that oil rose to around $56 a barrel on Tuesday, supported by Saudi Arabian export cuts in November and comments from OPEC and trading companies that the market is rebalancing after years of oversupply.
Daily graphic also reported the following: