Audio By Carbonatix
The Energy Minister, John Jinapor says the West African Gas Pipeline Company (WAPCO) has announced a reduction in gas supply to Ghana due to a $20 million debt, exacerbating the country’s ongoing energy crisis.
This development follows a series of escalating challenges within the energy sector, with independent power producers and ENI also threatening to cut supply.
According to him, the sector is struggling with a staggering GHS 80 billion debt, putting the stability of power generation at significant risk.
The Minister disclosed the situation to the media, acknowledging the severe financial challenges facing the energy sector.
He said despite these difficulties, the government has no intention of returning the country to prolonged power outages, commonly referred to as "dumsor."
Mr. Jinapor stressed that efforts would be made to ensure a stable power supply while addressing the mounting debts.
He added that the country is not experiencing load shedding, and therefore, there will be no timetable.
"This is a supply situation; no load management will be required during this period. This is the official report I receive on a daily basis, so we are not shedding load. There is no load shedding, so we cannot publish a load shedding schedule when we are not shedding load."
The minister emphasised that "Admittedly, we have inherited a very weak system; the transmission grid is very weak, and so, at the slightest opportunity, you will see some areas going off."
He assured that, in the face of these challenges, the 2025 budget includes a proposal for a significant tariff increase this year, aimed at addressing the financial difficulties of the Electricity Company of Ghana (ECG).
Latest Stories
-
Some OMCs reduce fuel prices; petrol going for GH¢10.86, diesel GH¢11.96
31 minutes -
Trump says health is ‘perfect’ amid ageing concerns
53 minutes -
China’s BYD set to overtake Tesla as world’s top EV seller
56 minutes -
Joy FM’s iconic 90’s Jam returns tonight: Bigger, better, and packed with nostalgia
2 hours -
Uproar as UG fees skyrocket by over 25% for 2025/2026 academic year
3 hours -
Japan PM joins fight for more female toilets in parliament
4 hours -
Ga Mantse declares war on fishing industry child labour
4 hours -
Adom FM’s ‘Strictly Highlife’ lights up La Palm with rhythm and nostalgia in unforgettable experience
5 hours -
OMCs slash fuel prices as cedi gains
6 hours -
Around 40 dead in Swiss ski resort bar fire, police say
7 hours -
AFCON 2025: Aubameyang and Nsue make history among oldest goalscorers
8 hours -
AFCON 2025: How Kwesi Appiah’s Sudan qualified for round of 16 without scoring any goal
9 hours -
Ghana is rising again – Mahama declares
9 hours -
Firefighters subdue blaze at Accra’s Tudu, officials warn of busy fire season ahead
10 hours -
Luv FM’s Family Party In The Park ends in grand style at Rattray park
10 hours
