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Overturn Napo’s approval of Genser deal – Ghana Gas workers urge Akufo-Addo

  • SOURCE: Starfmonline.com | qwesa2big
    • POSTED ON: January 10, 2023
    • CATEGORY:

    The Ghana Gas Senior Staff Association has questioned the Minister of Energy’s commitment to the construction of a second state-owned Gas Processing Plant and the entire indigenisation drive of the sector.

    A statement issued by the Ghana
    Gas-SSA urged President Akufo-Addo to intervene in the matter since his dream
    of having a second Gas Processing Plant is on the line.

    The workers of Ghana Gas expressed
    disquiet about the way the current Minister of Energy, Dr. Matthew Opoku
    Prempeh, is handling the issue of the concurrent existence of Genser Energy
    Ghana Limited’s (GEGL/Genser) Gas Conditioning Plant and Ghana Gas’ Gas
    Processing Plant Train 2.

    They claimed the situation reverses
    the hard-earned indigenisation achievement by his predecessors.

    “Ghana Gas is 100% owned by the
    state whiles Genser is known to have about 90% of its shares being owned by
    foreigners. It is also known that Genser repatriates over 80% of its revenue to
    South Africa. Therefore, it baffles the minds of workers of Ghana Gas for any
    Minister of State to do the bidding of Genser at the expense of a state-owned
    company. It is worthy to note that Ghana Gas derives its obligation to
    construct a second Gas Processing Plant from the 2022 President’s State of the
    Nation Address. The President was emphatic that Ghana Gas will be building a
    second Gas Processing Plant with a higher capacity than the existing Gas
    Processing Plant,” the statement said.

    The statement further added that
    having a private-owned entity compete with Ghana Gas for raw gas from the
    Jubilee fields is a recipe for disaster.

    The Ghana Gas-SSA has therefore
    called on the President to overturn the Minister’s approval of the 50MMSCFD of
    raw gas supply to Genser’s plant.

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