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Ghana pays Nigeria to avoid gas supply cut

 
 
The payment amounts to about ten percent of the total amount owed the gas company.
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Ghanaians can heave a sigh of relief as the West African Pipeline will no longer cut gas supply to the country because of the debt owed it by the Volta River Authority.

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The Power Ministry have intimated that government has paid a total amount of  $10 millon out of the $103 million it owes WAGPCO. The payment amounts to about ten percent of the total amount owed the gas company.

According to Accra-based Joy FM, the decision not to curtail gas supply to Ghana was taken after the country paid the $10 million – roughly 10 per cent – of its debt to N-Gas.

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The Nigerians suspended the decision to cut gas supply to Ghana after a delegation led by Power minister Dr. Kwabena Donkor traveled there to discuss ways of dealing with the debt impasse.

Related: > Dumsor Dumsor Energy crisis set to intensify as WAGPCO threatens to halt gas supplyEarlier, the Corporate Affairs Director of the West African Gas Pipeline Company (WAPCo) Harriet Wereko-Brobby confirmed the deferment to Starr News.

“N-Gas has decided to curtail the deferment and we'll issue a formal press statement later,” she told Starr Business, Friday. “Last night we received verbal information that pending the outcome of the negotiation curtailment has been deferred.”

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