Managing Director of Quantum Power Ghana Gas, Ruben Atekpe says their project takes off Ghana’s burden of dependence on West Africa Gas which has not been reliable.
The project estimated around $600 million will provide power plants within Tema region with gas and is expected to save Ghana about $300 million yearly in fuel cost.
He said this is a boost to end dumsor which has affected the country in all spheres of life
He disclosed this in an interview with Adom News.
“Breakdown of the thermal plants in Ghana is as a result of dependence on other forms of fuel instead of gas which these plants were built for,” Atekpe revealed.
The project is expected to eliminate for the next decade or more any need by Ghana to depend on imported fuel that cannot be relied upon.
According to Ruben Atekpe, the gas project will also help end overdependence on hydropower due to irregular rainfall pattern.
According to a management of the company, it is providing Ghana the option to have a completely reliable power sector that can accommodate its growth and ability of its people for next few decades.
With this, Ghana is to become a leader in West Africa.
Ruben Atekpe said Ghana has gas in the western part of the country but is yet on the eastern side where most of the power plants are located hence the need for this project.
The main component of the project is a Floating Storage ship which will supply the gas will be placed 12 kilometers from the shore where a pipeline leads the gas to a metering station and other stations where it will be processed before sending it to the power stations within Tema which need it to produce electricity.
“Gas by its nature doesn’t travel in gas form but liquid. Since the power plants use gas, the purpose of the ship is to regasify the liquid form from almost -200° to 100° where the necessary connections would be done to feed the power plants,” he said.
The ship is to be launched in South Korea on 31st of this month and arrive in Ghana two months later.
Its anchor chains are between 5 to 8kms long as the ship could be compared to 10-storey skyscraper high and 5-storey wide.
Quantum Power Ghana Gas is undertaking this 12 months project with Ghana National Petroleum Corporation (GNPC).