The Head of Communications at Ghana Gas Company Limited, Ernest Owusu Bempah Bonsu, has noted that despite the legacy debts in the energy sector Ghana Gas will soon pay a dividend to the Government of Ghana. “The Government is doing something about it, it is a cyclical debt in the energy sector and the Ministry of Finance is dealing with it. Basically, that issue does not arise because VRA is paying as we (Ghana Gas ) hold the Gas in trust of Ghana National Petroleum Commission(GNPC) so technicalities are involved. “Aside that Ghana Gas is doing other projects like supplying close to 60 percent of Liquified Petroleum Gas(LPG) as well; that is giving us money; and this year, am disclosing to you we are the only company that is going to pay dividend to the Government of Ghana of about 20 million dollars,” he said. He revealed that a lot of savings and prudent spending has been undertaken under the Dr Ben Asante administration that has resulted in the Company acquiring an ultra modern office and increasing its employment figures to over 600. “…Just one and a half months savings of staff indigenization was used to purchase our ultra-modern office in Accra; the Company was staying in somebody’s house; a semi-detached house having about 10 people in one office. This time around we have the best office in the modern history of a corporate environment; that tells you that prudent management has resulted in that”.
Ghana Gas to pay $20m dividend to government – PRO
Load shedding to minimize as Ghana Gas completes tie-in of gas pipelines
This is because of the completion of tie-in of gas pipelines connecting Takoradi and Tema. The country lost about 300MW of power due to the shut down of Atuabo Gas Processing Plant for mandatory maintenance works. Speaking to journalists on the progress of work on Thursday [April 11, 2019], the Head of Communications at the Ghana Gas Company, Ernest Owusu Bempah maintains that the situation should normalize soon. “As at Monday [April 8, 2019], we were producing about 110 million standard cubic feet (mmscf) of gas which was giving us 600megawatts of electricity. Today [Thursday] the engineers are informing that we are producing about 130 which should give us almost 680 to 700 megawatts of electricity which is key,” he explained. The disclosure by the Ghana Gas company limited comes about twenty-four hours ahead of the scheduled date for completion of the tie-in process of gas pipelines from Takoradi and Tema. The move which required a mandatory shut down of the gas processing facility, impacted the supply of power to some parts of the country. It also followed an earlier assurance by the Energy Ministry that the power situation should be corrected a week earlier. Mr. Owusu Bempah also mentioned that there has .”
Load shedding to minimize as Ghana Gas completes tie-in of gas pipelines
This is because of the completion of tie-in of gas pipelines connecting Takoradi and Tema. The country lost about 300MW of power due to the shut down of Atuabo Gas Processing Plant for mandatory maintenance works. Speaking to journalists on the progress of work on Thursday [April 11, 2019], the Head of Communications at the Ghana Gas Company, Ernest Owusu Bempah maintains that the situation should normalize soon. “As at Monday [April 8, 2019], we were producing about 110 million standard cubic feet (mmscf) of gas which was giving us 600megawatts of electricity. Today [Thursday] the engineers are informing that we are producing about 130 which should give us almost 680 to 700 megawatts of electricity which is key,” he explained. The disclosure by the Ghana Gas company limited comes about twenty-four hours ahead of the scheduled date for completion of the tie-in process of gas pipelines from Takoradi and Tema. The move which required a mandatory shut down of the gas processing facility, impacted the supply of power to some parts of the country. It also followed an earlier assurance by the Energy Ministry that the power situation should be corrected a week earlier. Mr. Owusu Bempah also mentioned that there has .”
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