Continental Focus, International Reach

Ghana President Delays Gas Project

Friday, September 5, 2014

President John Mahama of Ghana has delayed a project that would supply gas from its offshore Jubilee oil field to the Atuabo gas processing plant, part of the Western Corridor Gas Infrastructure Development Project.

The $850 million project was supposed to have opened in December but has been delayed primarily because of difficulties securing the disbursement of $600 million from the Chinese Development Bank. The project is now expected to see some flows by the end of the year.

Mahama said during an inspection of the terminal at Atuabo the project will be a “gamechanger” for the economy and save $1.5 billion per year in foreign exchange and other costs. “Some gas will start flowing soon but commissioning will be when the full volume of 120 Mmcf/d of gas is being transmitted to Aboadze and I suppose that will be sometime by the end of this year,” he told reporters.

The infrastructure project includes a 111-km pipeline in the Western Region that will take gas via Atuabo to thermal turbines at Aboadze run by Ghana’s Volta River Authority. It is expected that Aboadze will supply 500 MW of power.

 


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