Ghana Gas Board VRA owes Ghana Gas $250m for processed gas

This was disclosed when the new board of Ghana Gas visited the Atuabo Gas Processing Plant to familiarize themselves with the operations of the company.

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The new board of Ghana Gas at Atuabo Gas Processing Plant play

The new board of Ghana Gas at Atuabo Gas Processing Plant

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The Volta River Authority, main downstream off-taker of lean gas, owes Ghana National Gas Company (Ghana Gas) up to  $250 million for processed gas.

This was disclosed when the new board of Ghana Gas visited the Atuabo Gas Processing Plant to familiarize themselves with the operations of the company.

The board assured the management and staff of the company of measures to improve the financial options of the company.

The board chairman of Ghana Gas, Mr John Armstrong Yao Klinogo said it would also put in place policies and programmes to make the company financially independent and to ensure settlement of indebtedness by off-takers of the company’s products.

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The board has been challenged by the Energy and Petroleum Minister Armah Kofi Buahto to end the country's intermittent gas shortage challenges during its inuaguration on February 4, 2016..

Ghana Gas  will soon commence the construction of a new Gas plant, the Chief Executive Officer of the company, Dr. George Sipa Yankey said.

In an interview with Accra based Citi FM, he said the construction of the new plant will commence once the new board approves the project.

"We have already done the design concept for the new plant which has sort of been ratified but we are waiting for the new board to come to approve of it."

"It has been signed off by the engineers. once the designed concept has been approved," the construction of the new plant will start, he said.

"The second plant we are working on now is designed to have a capacity of about 250 million standard cubic feet of gas per day

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