The Ghana National Gas Company says it has so far spent $728 million on the development of the Ghana Gas infrastructure project.
Category: Energy
Forecasting Ghana’s Oil Revenues: What Open Fiscal Modelling Tells Us About the Budget Year Ahead
Falling oil prices have had dramatic effects on the solvency of highly oil-dependent countries, particularly those that have not saved much of their windfall receipts in boom years.
Ghana Approves New Minister For Power
GHANA’S Parliament has approved the nomination of Dr. Kwabena Donkor as the Minister of Power on Thursday (today).
Fall In Oil Prices: Ghanaians Yet To Benefit
Ghana’s National Petroleum Authority (NPA) has maintained the prices of fuel at the pumps in its regular review of the prices of petroleum products at the time when international oil prices are falling.
Oil Stays Below $60 As Opec Keeps Pumping
Brent crude held below $60 a barrel on Wednesday, 17th December,2014 near 5-1/2-year lows, as major oil producers signalled that they would maintain output despite a supply glut and faltering demand in Russia and Europe.
Shell Operates Illegally In Ghana
THE Member of Parliament for Obuasi West, Kwaku Kwarteng has filed an urgent question in Parliament asking the Minister for Energy & Petroleum to appear before the house and explain why Shell Petroleum Ghana (now Vivo Energy) continues to operate in Ghana without complying with regulatory requirements.
Turf War Stifles Gas Supply To VRA, FPSO
THE commissioning schedule of the gas infrastructure project by the Ghana National Gas Company (GNGC) has been interrupted.
Falling Oil Price Poses New Threat To Banks
THE world’s big banks would like to draw a line under their recent troubles. The losses from the financial crisis, the costs of regulatory change and the fines from mis-selling and market manipulation scandals appear largely in the past.
NIC Directs Ghana Gas Business Into Common Pool
THE National Insurance Commission (NIC) has directed the four insurance companies that secured the deal to provide assets all risk insurance cover for the Ghana Gas Infrastructure project to share the business among all the 24 general insurance businesses through the Ghana Oil and Gas Insurance Pool (GOGIP) — a consortium formed by the country’s […]
Ghana Electrometer Eyes West Africa’s Utilities Market
GHANA Electrometer (GEM), the nation’s sole provider of quality credit and pre-paid meters has announced plans to expand its operations into the West African sub-region starting from Sierra Leone and Liberia next year.