Workers of the Ghana National Gas Company (Ghana Gas) are up in arms against the Energy Ministry over a deal with Genser Energy Ghana Limited.
They want President Akufo-Addo to halt the much-talked-about gas supply agreement with the energy company.
Under the deal, 50 million standard cubic feet of raw gas will be supplied per day to Genser Energy.
The workers believe this agreement will spell doom for the survival of Ghana Gas and negatively affect the government’s vision of building a second gas processing plant.
This, according to the workers, is because they are unhappy with the way the Minister of Energy, Matthew Opoku Prempeh is handling the issue of the concurrent existence of Genser Energy Ghana Limited’s Gas Condition Plant and Ghana Gas’ Gas Processing Plant Train 2.”
“The background to this issue is that the expected maximum output of raw gas from the Jubilee fields, as indicated by the Jubilee Partners, is 200MMSCFD by 2025. Ghana Gas' existing Gas Processing Plant can process a maximum of 150MMSCFD (75% of the expected maximum raw gas output from the Jubilee partners). Riding on the President's directive, Ghana Gas is currently working assiduously with its financiers to build a new Gas Processing Plant with a capacity of 200MMSCFD, which will increase the processing capacity from 150MMSCFD to 350MMSCFD with room for future incremental flows.
"Workers of Ghana Gas were shocked to hear that Genser is planning to build a Gas Processing Plant with its raw gas source being Jubilee fields. Ghana Gas' existing and yet-to-be-built Gas Processing Plants can process the expected 200MMSCFD maximum output from the Jubilee fields until such a time that the maximum output goes beyond 350MMSCFD.
“From all indications within the industry, it will take a longer period for the 350MMSCFD output from the Jubilee fields to materialise. Hence, having a private-owned Gas Processing Plant to compete with Ghana Gas for raw gas from the same source is a recipe for disaster,” portions of the statement signed by the Chairman of Ghana Gas Senior Staff Association, Richmond Alamu indicated.
According to Mr Alamu, allowing the agreement to stand could affect power supply in the country therefore a blind eye cannot be turned on the Genser deal.
He went on the say that the “Genser deal is very bad for Ghana and in the long term, it will have a lot of financial consequences for the nation.”
Latest Stories
-
Center for Learning and Childhood Development Director Dr Kwame Sakyi honoured at Ghana Philanthropy Awards
6 hours -
Asantehene receives 28 looted artefacts
6 hours -
CAF WCL 2024: Ghana’s Thelma Baffour wins title with TP Mazembe
7 hours -
Benjamin Boakye slams politicisation of energy sector issues and ECG’s inefficiencies
7 hours -
Erastus Asare Donkor and Dr Neta Parsram win big at 10th Mining Industry Awards
8 hours -
Government is “suppressing information” about power sector challenges – IES Director
8 hours -
Majority of our debts caused by forex shortfall – ECG Boss
8 hours -
Pan-African Savings and Loans supports Ghana Blind Union with boreholes
9 hours -
Bole-Bamboi MP Yussif Sulemana donates to artisans and Bole SHS
9 hours -
Top up your credit to avoid potential disruption – ECG to Nuri meter customers
9 hours -
Dutch & Co wins 2024 Entrepreneur of the Year Award
9 hours -
We’ll cut down imports and boost consumption of local rice and other products – Mahama
12 hours -
Prof Opoku-Agyemang donates to Tamale orphanage to mark her birthday
13 hours -
Don’t call re-painted old schools brand new infrastructure – Prof Opoku-Agyemang tells gov’t
13 hours -
Sunon Asogli plant will be back on stream in a few weeks – ECG
13 hours