
Audio By Carbonatix
The Ghana Gas Company is now looking to start commercial production from the gas processing plant in July.This would be after completing the installation of the plant by the end of June.The company last year announced that the plant would be ready for production by December 2012. But officials of the company attribute their inability to meet the target to government’s inability to meet some financial obligations on time.This also affected the supply of equipment being manufactured for the plant.Dr. George Sipa Yankey, Chief Executive of the Ghana Gas Company, explained to Joy Business: “We were supposed to make down payment 20 days after the date that we signed the agreement, unfortunately for us, the Ministry of Finance delayed in the payment of our contribution of the down payment."So early September they warned us that if we didn’t pay within a period of time they are going to suspend work, in September 22 they gave us the final warning and on 24th all works were suspended.”The 700 million dollar gas infrastructure project will process gas from the Jubilee Field for power generation. The facility is expected to process about 150 million standard cubic of gas a day.
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.
Tags:
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.
Latest Stories
-
Tesla crash that killed a woman under US federal investigation
3 hours -
Millions of iCloud users could claim share of £3bn after Apple case given UK green light
3 hours -
Argentina’s Alvarez wants to leave Atletico Madrid
3 hours -
Germany defender Schlotterbeck out of World Cup
3 hours -
Ex-Wimbledon champion Vondrousova given four-year ban
3 hours -
Man City close in on appointing Maresca as manager
4 hours -
World Cup: Fans delayed entry as bad weather affects France-Iraq tie
4 hours -
From retirement to records – another immortal Messi moment
4 hours -
World Cup: Record-making Messi scores twice as Argentina progress
4 hours -
Madueke’s remarkable season – from petition to World Cup starter
4 hours -
World Cup: Iran leave note asking for peace after Belgium draw
4 hours -
Doku returning to World Cup after birth of first child
4 hours -
WhatsApp to be led by Indian start-up founder as Will Cathcart steps back
5 hours -
Clive Davis, music mogul behind Whitney Houston and Bruce Springsteen, dies aged 94
5 hours -
Red heat alerts issued in France, Italy and Spain as 40C temperatures forecast
5 hours