Sudan’s Om Dabakir Transformer Station Damaged In Drone Attack
Ghana: NPA Boss Tours Fuel Installations In Tema
The team also visited the Ghana Bunkering Services Limited where it was taken through how fuel is discharged into tankers for onward distribution to oil marketing companies.
Thereafter, the team visited the Sentuo Oil Refinery Company Limited and the Tema Oil Refinery (TOR).
Speaking at the TOR, Mr Tameklo Esq. stressed the need for new management of TOR to work on getting the refinery to start refining crude oil for the local market.
That, he said, would reduce the importation of refined oil and consequently ease the pressure on the cedi.
In his remarks, the Acting Managing Director of TOR, Dr Yusif Sulemana, stated that management would ensure the revamping of TOR to perform its core function of crude oil refinery.
Speaking at Sentuo Oil Refinery, the NPA Boss affirmed the commitment of the Authority to supporting Sentuo in completing the second phase of its project.
The second phase is to rump up Sentuo’s refinery from 40,000 barrels per day to 100,000 barrels per day.
Mr Tameklo Esq. urged the management of Sentuo to engage more Ghanaians, especially petrochemical engineering students and others from the other technical departments, to allow for technology transfer.
He said recruiting Ghanaians is cheaper than hiring the services of expatriates.
The NPA Boss welcomed the proposal by the Setuo management to start loading fuel at night in line with the 24-hour economy policy of the government.
He said NPA’s technical inspectors would follow up on the request and advise accordingly.
Source: https://energynewsafrica.com Ghana: Kwame Ntow Amoah Replaces Edward Bawa As New Acting CEO Of GNPC
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Gambia: NAWEC Probes Fire Incident Near Basse Power Station
NAWEC’s swift response and investigation aim to determine the cause of the incident and prevent similar occurrences in the future.
Source: https://energynewsafrica.com Nigeria: NNPC Debunks Viral Video Claiming Its Fuel Doesn’t Last
Ghana: Kow Eduakwa Sam Appointed CEO Of Bui Power Authority
Ghana: Energy Minister Seeks Collaboration To Revitalize Petroleum Industry
“The petroleum sector, which once showed a promising future, has retrogressed rapidly in recent years, with crude oil production dropping by over 30% with exploration, appraisal, and development are at their lowest since 2017,” he stated.
The Minister in highlighting the importance of the upstream sector to the country’s economy, noted that crude oil contributed about 35% of Ghana’s foreign exchange exports and 20% of domestic revenue in 2022.
He also emphasised the cost-saving benefits of transitioning fully to gas-powered electricity generation, revealing that Ghana spends about $1 billion annually on liquid fuel.
To address the challenges, the Minister announced plans to review the country’s upstream petroleum policies and regulatory framework to ensure fairness, consistency, and transparency. He stressed the need for predictability in the sector to attract and retain investors.
“The hard truth is that the upstream sector faces imminent collapse if the current trend is not reversed. We must create an enabling environment for investment through policy consistency, transparency, and effective regulation,” he added.
He assured stakeholders that the government is committed to resolving key industry disputes, including the ongoing ENI unitization issue, which has affected Ghana’s international reputation.
As part of efforts to stabilize the upstream sector, Hon. John Abdulai Jinapor emphasised that his office remains open for dialogue, suggestions, and constructive criticism.
“I do not claim to know it all. There is a lot more to learn from you, and together, we can turn this sector around,” he assured industry players.
Speaking on behalf of the Ghana Petroleum Upstream Chamber, the Chief Executive, Mr. David Ampofo expressed confidence in the Minister and his ability to safeguard the fortunes of the industry. He assured him of their support and commitment to reforms aimed at addressing pertinent issues in the sector.
The meeting was attended by 21 industry players, both foreign and local, officials of the Ministry of Energy and Green Transition, GNPC, and Petroleum Commission.
Source: https://energynewsafrica.com Angola’s Natural Gas Reserves Soar To 95 Trillion Cubic Feet, Paving Way For Energy Sustainability
African Development Fund Approves $153.66M For Uganda-South Sudan Electricity Interconnection Project
Uganda: President Museveni Commissions Mirama-Kabale Power Transmission Line To Boost Industrialization And Economic Growth
“With Kigezi’s rich mineral deposits, this power project will drive industrialization and create jobs through value addition,” he noted.
Energy Minister Ruth Nankabirwa highlighted the government’s investment of Shs300 billion in establishing the transmission line, with an additional Shs45 billion allocated for land compensation.
The project, completed within 18 months, guarantees a more stable electricity supply for the region.
State Minister of Finance Henry Musasizi stressed that the new substation would eliminate power shortages, giving investors confidence to establish factories without concerns over electricity access.
This development aligns with Uganda Electricity Transmission Company Limited’s (UETCL) efforts to expand power infrastructure across the country, as part of the government’s Vision 2040 and National Development Plan III.
With the Mirama-Kabale power line, the people of Kigezi can expect a significant boost in economic opportunities, reduced power outages, and improved living standards.
Source: https://energynewsafrica.com IEA Predicts Strong Global Electricity Demand Growth
Global demand for electricity is set to grow at an annual rate of 4% in the years to 2027, the International Energy Agency has forecast in a new report, noting this would be the fastest growth rate in recent years.
“The surge is primarily driven by robust growing use of electricity for industrial production, increased demand for air conditioning, accelerating electrification, led by the transport sector, and the rapid expansion of data centres,” the International Energy Agency said. The agency then went on to say that most of this stronger demand growth will come from developing nations, estimating their contribution to the total at 85%. The sure, unsurprisingly, will be led by China, whose electricity demand has been growing faster than its economy since 2020, the IEA said. In China, electricity demand last year grew at a rate of 7% and the annual growth rate through 2027 could average 6%, the report said, noting that the strong growth in recent years was driven by the industrial sector and more specifically “the rapidly expanding electricity-intensive manufacturing of solar panels, batteries, electric vehicles and associated materials.” “The acceleration of global electricity demand highlights the significant changes taking place in energy systems around the world and the approach of a new Age of Electricity. But it also presents evolving challenges for governments in ensuring secure, affordable and sustainable electricity supply,” IEA chief Fatih Birol said in comments on the data. The IEA is adamant in its predictions that the electrification of transport driven by energy transition policies is going without many hitches and will fuel a surge in overall electricity demand but there is reason to take these predictions with a pinch of salt. China, the world’s biggest electric car market, for one, is seeing a decline in EV sales in favor of hybrids, while other pro-transition governments have been struggling to get their EV domination plans off the ground. Source: Oilprice.com

