Ghana’s gas supplier, N-Gas has reversed its earlier decision for the West African Gas Pipeline to curtail gas supply to Ghana.
The Managing Director of WAPCO, Mr. Walter Perez on Wednesday said ‘’ WAPco is contractually obliged to curtail deliveries to VRA at midnight on Friday 16 October, 2015”, if they failed to pay in full an outstanding debt that the VRA owed them.
WAPCO initially planned of curtailing about 70% of gas supply to Ghana today.
The Volta River Authority is indebted to WAPCO to the tune of $181 million. But a high power delegation led by Power Minister, Kwabena Donkor is currently in Nigeria negotiating with our suppliers on how best we can pay off our debt.
VRA owes WAPCO to the tune of $103 million with the balance of $78 million being owed to N-GAS who had directed WAPCO to curtail the supply of gas to Ghana.
The Volta River Authority has since August 2014 received natural gas and pipeline related transportation services to the tune of $231 million through the West African Gas Pipeline but has only paid $50 million.
However, news reaching us indicates that N-GAS has directed WAPCO to hold on with the curtailment as they await the outcome of negotiations.
Corporate Affairs Manager of WAPCO, Madam Harriet Wereko-Brobbey revealed to rainbowradioonline.com that their next line of action will be taken after the outcome of the on-going negotiations between Ghana and N-GAS.
“We will issue something official as soon as we get the outcome of the discussions that are ongoing …we are hoping that we will hear from them if not this week next week,” she stressed.
If WAPCO had curtailed gas supply to Ghana on Friday, we would have experienced the worse dumsor because seven more thermal plants including Sunon Asogli, TAPCO, TICO, T3, TT1PP, TT2PP and MRP would be forced to shut down.