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National

Atuabo Gas project progresses steadily

Although construction works on the Atuabo Gas project in the Western Region stalled briefly earlier this year, reports indicate work on the multi-million dollar gas plant is progressing steadily. The Chinese petrochemical firm, Sinopec International Petroleum Service Corporation, who have been contracted to build the gas infrastructure, abandoned the project in April because of nonpayment of funds to pre-finance the project. In May, the contractor resumed work on the project after government reached an agreement with them on pre-financing plans. Joy News’ Kwaku Owusu-Peprah toured the project site and reports that 60 kilometres sub-sea pipelines, which will carry gas to the processing plant, have already been laid. There has also been major progress made with mechanisms that will transport processed Liquified Petroleum Gas (LPG) and light stream gas for onward transportation to the Aboadze thermal plant for power production. Contractors told Owusu-Peprah major components for the processing of the gas have been put in place. Though construction is in progress, contractors reminded the government and financiers to meet their financial obligations for the completion of the project. When completed, the first phase of the Atuabo gas processing plant will process 150 million standard cubic feet of natural gas, the second phase in 2016/2017 will increase production to 300 million cubic feet a day. Currently, the total natural gas deposit offshore Ghana is more than 5-trillion standard cubic feet. The gas processing plant will save the country money used in buying crude oil for power generation, and also check the environmentally hazardous practice of natural gas flaring.

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DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.