It will be more prudent to use the mooted US$2billion Energy Sector Fund to finance capacity charges rather than re-financing the existing debt of Independent Power Producers (IPPS), the Chamber of Independent Power Producers, Distributors and Bulk Consumers (CIPDiB–Ghana) has said. The Chamber wants the Fund to be used for...
COPEC demands reduction in fuel prices as global crude prices drop again
The Chamber of Petroleum Consumers, COPEC, wants Oil Marketing Companies (OMCs) in the country to reduce their ex-pump prices for consumers to reflect the sustained decline in the global crude oil prices. According to COPEC, consumers could be benefitting from a reduction of between 10%-32% compared to the 2% that...
IWD 2020: Minority Leader Hails KadijaAmoah’s Appointment As Country Manager Of Aker Energy
Ghana’s Minority Leader in Parliament, HarunaIddrisu has hailed the appointment of KadijahAmoah as the Country Manager of Aker Energy Ghana. Madam KadijahAmoah was appointed in February this year to succeed Jan HelgeSkogen after the company restructured its leadership. MrsAmoah, a Ghanaian citizen, is a lawyer by training and holds degrees...
FPSO Kwame Nkrumah: Ground-breaking innovation that fixed turret challenges
Smooth production and off-take in the Jubilee field is forecast following the successful completion of the last phase of the Turret Remediation Project which began in 2016. “The challenges with the turret have been completely resolved”, Offshore Field Manager, Bruce Tait pointed out as he took a group of journalists...
Export Of Petroleum Products To Mali Drops Significantly
It has emerged that the volumes of petroleum products exported by Ghana to its West African neighbour, Mali, has dropped significantly. The situation has made authorities in Mali become worried due to the high quality of products from Ghana to the Malian market. Deputy Director General of ONAP, Mali’s downstream...
Sunon Asogli Donates Office Equipment To Kpone District Police Command
Ghana’s largest independent power producer, Sunon Asogli Power (GH) Ltd has donated office equipment to the Kpone District police command. The donation formed part of the power company’s Corporate Social Responsibility (CSR). Speaking at a short ceremony to present the items, Chairman of Sunon Asogli Power (GH) Ltd, Yang Qun...
PURC Congratulates ECG For Developing Power Mobile App
Ghana’s Public Utilities Regulatory Commission (PURC), has congratulated the country’s power distribution company, ECG, for going a step further to develop an application which seeks to enhance its services to consumers. Last month, the ECG outdoored the ECG Power Mobile App which was developed internally by the staff of the...