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Oil & Gas
Ghana’s gas processing plant project to be fast-tracked – Project Manager
Work on the National Gas Processing Plant at Atuabo in the Eastern Nzima Traditional Area of the Western Region, is progressing steadily.
The first phase of the project, involving land clearing, filling, and laying of pipelines had…
Video: Ghana gov’t reduces Tema Oil Refinery’s GH¢1.6b debt
The debt of Tema Oil Refinery (TOR), Ghana’s only oil refiner, has been reduced to GH¢610 million from the December 2008 total of GH¢1.6 billion, the Energy Ministry said September 6, 2012 at a press conference in Accra.
Absence of local content law threatens Ghana’s 90% indigenization target in oil sector
The absence of a local content law is said to stand in the way of Ghana opening up its oil and gas sector to citizens.
“The continuous delay in passing the local content bill into law is threatening Ghana’s ability to achieve its 90percent…
Ghana’s gas pricing policy awaits cabinet approval – Energy Minister
Pricing of gas from Ghana’s oil fields will soon be finalized as the policy document is currently before cabinet awaiting approval.
The draft National Gas Pricing Policy which forms part of the Gas Master Plan, according to Energy Minister…
Ghana promotes clean energy – to supply rural areas free gas cylinders, stoves
Rural areas in Ghana will soon receive gas cylinders and stoves free of charge, the government announced last week September 6, 2012. The programme is aimed at promoting clean energy.
According to the Ministry of Energy, it has obtained…
Ghana gov’t reduces TOR’s GH¢1.6b debt to GH¢610m – Energy Minister
The debt of Tema Oil Refinery (TOR), Ghana’s only oil refiner, has been reduced to GH¢610 million from the December 2008 total of GH¢1.6 billion, the Energy Ministry said September 6, 2012.
The refiner’s debt in books rose to GH¢1.7…
Ghana to produce gas in commercial quantities by February 2013 – GNGC
Ghana would produce gas in commercial quantities by February 2013, Mr Victor Kofi Sunu-Attah, Project Development Manager, Ghana National Gas Company (GNGC) has said.
When Liquefied Petroleum Gas (LPG) from the national Gas project is…
Contempt case against NPA over petroleum levy adjourned
A contempt suit filed against the Chief Executive Officer (CEO) of the National Petroleum Authority (NPA), Mr Alex Mould, over the imposition of petroleum levy has been adjourned to September 12, 2012.
The applicant, Development Data, a…
Stanbic Bank Ghana, Fuel Trade in $21m deal to build fuel storage tanks
Stanbic Bank Ghana and Fuel Trade Ltd., have signed a $21 million deal to build fuel storage tanks. The tanks, the bank says will be located at Tema.
The agreement was signed on August 24, 2012. Signatories to the agreement were Mr Kwamina…
WAPCo tells shipping companies to respect gas pipelines protection zones
The West Africa Gas Pipeline Company (WAPCo) on Friday called on shipping companies to respect the Protection Zones established to prevent vessels from damaging the pipelines.
Madam Harriet Wereko-Brobby, General Manager of the company,…