Audio By Carbonatix
Policy think-tank IMANI Ghana is demanding more transparency from the Ghana Gas company especially about its timelines for the production of gas from the Jubilee Field.
The project estimated at 850 million dollars was stalled as a result of delay in the approval of the three billion dollar Chinese loan by Parliament.
Chief Executive, Dr. George Sipa Yankey is however confident construction of the processing facility will commence this month with gas production for both household and industrial use to start in December this year following a pre-financing deal reached with the contractor, Sinopec International.
But IMANI Ghana says the promise by the CEO is not feasible considering the quantum of work yet to be done before December.
Head of Research at IMANI Ghana Bright Simmons noted: “The first gas is unlikely to be seen December this year. That is very unlikely. There are still shadows surrounding the finances of the gas at this stage.”
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
-
Flight recorders recovered from ‘devastating’ Amazon cargo plane crash
2 hours -
AI cancer cures slowed by chip shortage, says UK’s biggest tech boss
2 hours -
Grindr to pay ÂŁ26m to settle claims it allegedly shared users’ HIV status
2 hours -
China to pump $54bn into state banks and insurers to boost economy
2 hours -
Legal Green Association to hold maiden law students’ conference
2 hours -
Dolly Parton’s sister pleads for end to ‘AI garbage’ posts after singer’s death
3 hours -
Minority calls for itemised bill on GH¢49.7 million South Africa evacuation expenditure
3 hours -
Australians will be able to switch off social media algorithms under planned legislation
3 hours -
WAEC admits more study needed into fluctuating core subject performance
3 hours -
Jordan Ayew close to EFL Championship move as Sheffield Utd talks intensify
3 hours -
WAEC questions why core-subject failure keeps shifting from one subject to another
3 hours -
Herbert Mensah joins African Collaborations Group advisory board
3 hours -
WAEC demands further study into persistent English Language failures
4 hours -
Rybakina sweeps past Osaka to close in on number one ranking
4 hours -
Zheng wins set from 5-0 down again to stun Swiatek
4 hours