Audio By Carbonatix
Ranking member on the Energy Committee of Parliament, Adam Mutawakilu is warning of imminent increase in electricity tariff if government bows to demands by jubilee partners for upward review of gas sale to Ghana.
As part of their plans to fully develop the Jubilee field, Joy News is learning the Jubilee partners, is renegotiating the gas purchase agreement from the current 1.5 dollar per unit to 3.1 dollars.
Government is however proposing to pay 2.5 dollars per unit for the product.
There are fears any increase in the purchase agreement may adversely affect the price of electricity in the country despite assurances by the Energy Minister Boakye Agyarko that Government will make good its promise ensure a reduction.
The Energy Minister at a recent NPP programme said just as they honoured the promise to solve the dumsor, the government will honour the promise to reduce electricity prices.
But the ranking member Adam Mutawikilu said the government must first negotiate with the Jubilee Partners to ensure that consumers are not overburdened.
Speaking to Joy News, the ranking member, Adam Mutawakilu said the agreement put forward by the partners will affect consumers if it’s approved.
“The plan of development has been submitted to the minister. Included in it is the negotiation of the gas price and there are two methods in this. The partners want to use the incremental basis,” he explained.
He said the proposed negotiation is nothing more than a rip-off of the people of Ghana.
“It is a rip-off and I want the minister to go back and negotiate well,” he said.
Latest Stories
-
Pope Leo criticises Equatorial Guinea prisons as he winds up Africa tour
5 minutes -
Nigeria’s suspected coup plotters deny treason charges
14 minutes -
Officials release cause of death for teen found dead in singer D4vd’s trunk
25 minutes -
Billionaire backer sues Trump family’s crypto firm over alleged extortion
38 minutes -
KNUST study shows widespread exposure to infectious body fluids among Ghana health workers
46 minutes -
Energy Minister assures swift action to end power outages, boost electricity reliability
48 minutes -
UK and France strike new ÂŁ662m small boats deal
49 minutes -
Gov’t to fix major infrastructural deficits at Bole NMTC to enhance academic excellence – President Mahama
1 hour -
The Church of Pentecost raises alarm over galamsey impact on baptism and livelihoods
1 hour -
BoG threatens penalties for non-compliance with disability inclusion rules
1 hour -
Police foil planned robbery in Obuasi, 2 suspects arrested
2 hours -
Gov’t moves to scrap Middle Belt, Coastal Development Authorities
2 hours -
SM Cares Foundation pledges continued care for orphaned children
2 hours -
Paediatric Society urges Mahama to push global crime against humanity status for galamsey
2 hours -
Bekwai MP commissions rehabilitated 72-year-old Queen Elizabeth Nursery School
3 hours