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Thursday, October 1, 2009
According to the Ghanaian government the completion of the West African Gas Pipeline (WAGP) would cost $1 billion instead of the $600 million earlier announced. The new cost was due to the apparent delay in the implementation of the project, which has resulted in a 70% increase in the original budget.
In a BBC Monitoring report Deputy Minister of Energy, Emmanuel Armah-Kofi Buah, made this known at a seminar organized by the West African Gas Pipeline Company (WAGPCo), in collaboration with the USAID recently in Accra, Ghana.
Buah said that the ongoing postponement of the completion date of the project would create a negative situation for customers who had taken the risk of guaranteeing the project.
Both the WAGPCo and West Africa Gas Pipeline Authority (WAGPA) have been urged to take their roles as technical and economic regulators of the pipeline seriously and improve management to ensure a speedy completion.
Buah added, “It has become worrisome to hear of deliberate attempts by some groups, who, for some inexplicable reasons, use all sorts of means to sabotage gas transportation. These acts of vandalism pose a serious threat to the WAGPCo pipeline, which has not yet been gassed up.”
According Buah, land and underwater modes of transporting gas are the safest, with low rates of failure, accidents or losses, saying, “Except for on-going surveillance and maintenance requirements, no other safety issues requiring review or mitigation, have been noted for the onshore portion of the pipeline.”
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