Audio By Carbonatix
The Ranking Member on Parliament's Mines and Energy Committee, John Jinapor, has warned that Ghana could face widespread power outages by September this year if it fails to settle a debt of over $12 million owed to the West Africa Gas Pipeline Company (WAPCo).
He explained that WAPCo is threatening to cut off gas supplies from Nigeria by September 6.
“So, that is a threat we are facing, if we do not pay this 12 million by the 7th of September, they would shut down the pipeline completely for both gas from Nigeria and reverse flow of gas from the West to Tema”.
The Minority in Parliament has announced plans to summon the Ministries of Energy and Finance to address urgent questions regarding the growing judgment debt between Ghana and the oil giant, Trafigura.
This comes after Oil conglomerate Trafigura, took over one of the country’s most important commercial properties, the Regina House in London, following the failure of the government to pay up a $134 million judgment debt.
For four years Trafiguara has been unsuccessful in getting the government of Ghana to pay up the judgment debt awarded to the energy firm after the abrupt termination of a power purchase agreement.
This situation forced Trafigura to secure another judgment in the United States courts which awarded a mandatory interest on the default of 111.4 million dollars which remains the arrears to be paid by the Republic of Ghana.
Latest Stories
-
SYPALA 2026: ‘Anti-corruption without enforcement is meaningless’ — Senanu
19 minutes -
ICT, afternoon court sittings can help clear case backlog – Supreme Court nominee
20 minutes -
Beyond the GH¢500bn Target: The silent workforce blind spots in Ghana’s AI strategy (Part I)
27 minutes -
Nigeria Football Federation members resign, statement says
28 minutes -
Ghana Immigration Service intensifies education on exploitation, abuse and trafficking in Aflao
54 minutes -
Supreme Court should have no cap on number of judges – Anthony Forson Jnr
55 minutes -
African journalists urged to frame, tell African stories positively
55 minutes -
Poor treatment of public servants affects quality of service – Former Civil Service chief
55 minutes -
Suspects detained beyond 48 hours can sue police for redress – Justice Amoako Asante
56 minutes -
Convicted Bosnian Serb war criminal Mladić dies aged 84
60 minutes -
Ga Mantse boosts Sacred Crown Awards, names Princess Duncan as CEO to drive global push
60 minutes -
At least 12 dead, 54 injured as wildfires sweep through northern Algeria
1 hour -
AI cannot replace lawyers and judges – Justice Asante
1 hour -
PURC intervention restores power to Abofour-Dumasua community
1 hour -
Africa needs 35% more to recruit health workers as 1 in 5 health dollars is wasted – WHO
1 hour