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Ghana pays $10 million to N-GAS

Written by  Oct 16, 2015
Information reaching rainbowradioonline.comus indicates that Ghana has made payment of $10 million out of the $103 million it owes N-GAS the company that supply us gas. The payment amounts to about ten percent of the total amount owed the gas company. The company reversed their decision to curtail about 70% of gas supply to Ghana after a high power delegation led by Power Minister, Kwabena Donkor went to Nigeria to hold discussions with the company. From what we have gathered, the company is taking steps to ensure that Ghana is able to pay its debt in full. On Wednesday, the Managing Director of the West African Gas Pipeline Mr. Walter Perez, warned VRA to pay its debt in full or the company will be forced to curtail supply of gas to Ghana. It still remains unclear whether the company will still carry on with their threat after Ghana paying the said amount. Earlier this morning, the Corporate Affairs manager of WAPco Madam Harriet Wereko-Brobbey in a statement revealed tha,t they received a verbal information to hold on with the curtailment. “N-Gas has decided to curtail the deferment and we'll issue a formal press statement later,” Friday. “Last night we received verbal information that pending the outcome of the negotiation curtailment has been deferred. 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.” 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.
Last modified on %PM, %16 %730 %2015 %16:%Oct

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