A total of 71,439,585 barrels of oil were obtained from the three producing fields – Jubilee, Sankofa Gye Nyame (SGN) and Tweneboa Enyera Ntomme (TEN) in 2019. This figure is 15 percent more than what was produced in 2018, which was 62,135,435.07) barrels. A statement issued in Accra by the...
ENERGY COMMISSION 2020 ENERGY (SUPPLY AND DEMAND) OUTLOOK FOR GHANA
Energy Commission has released its 2020 Energy Outlook for Ghana. The report captures Electricity demand and supply for 2020. 2020-ENERGY-SUPPLY-AND-DEMAND-OUTLOOKDownload
ACEP insists Ghana Gas cannot act as national gas aggregator
Energy think tank, African Centre for Energy Policy (ACEP), still stands by its suggestion that government should make the Ghana National Gas Company (GNGC) a subsidiary of the Ghana National Petroleum Corporation (GNPC) with regards to the implementation of the Gas Master Plan and not an aggregator. According to ACEP,...
Debt profile likely to be exacerbated by COVID-19 power subsidy
Demand for future borrowings to pay power producers for today’s COVID-19-induced freebies is likely to exacerbate the country’s already precarious debt profile and push Ghana into a sovereign financial crisis if adequate measures are not taken, Dr. Jerry Kombat Monfant, President of MBIC Group – a management and strategy consulting...
SUNON ASOGLI POWER GHANA LIMITED AND GRIDCO COMPLETE US$5.3M PROJECT TO BOOST GHANA’S POWER SUPPLY
Sunon Asogli Power Ghana and Ghana Grid Company have completed a US$5.3m project to increase power transmission capacity in the country. The project, which commenced full-scale operation on Saturday April 18, 2020, involves the installation of a 200MVA Autotransformer to facilitate evacuation of about 120MVA additional generation capacity from the...
Bui Power Authority backs Ghana Covid-19 Private Sector Fund with GH¢50,000
The Bui Power Authority has donated GH¢50,000 to the Ghana Covid-19 Private Sector Fund, to support the construction of a 100-bed infectious disease isolation and treatment facility in Accra. Corporate Affairs Manager for the Bui Power Authority, Cherie Lawson Adamu, handed over a cheque to the Managing Trustee of the...
Sunon-Asogli Power donates PPE to Ho Municipal Hospital
Ho, April 28, GNA - Sunon-Asogli Power Company, an Independent Power Producer has presented Personal Protective Equipment (PPE) to the Ho Municipal Hospital in the Volta Region towards the fight against COVID19. The donation followed an appeal by the Agbogbomefia of Asogli State, Togbe Afede XIV to help stop the...