Audio By Carbonatix
N-Gas Limited has officially notified the Volta River Authority (VRA) of its decision to halt gas supply to Ghana due to outstanding arrears.
In a letter addressed to the Managing Director of VRA on Tuesday, February 18th, 2025, sighted by myjoyonline.com, the company stated that effective March 6th, 2025, it would cease further gas deliveries in accordance with Clause 13.6(a) of the Takoradi Gas Sales Agreement.
This clause permits the suspension of supply if the buyer fails to fulfil its payment obligations.
The letter further indicated that N-Gas is committed to upholding the sanctity of contracts across the value chain and, as a result, may demand one month’s pre-payment from VRA as a condition for continued gas supply.
"To ensure the sanctity of contracts across the value chain, N-Gas may demand one month of pre-payment from VRA for continued gas supply," the letter stated, underscoring the company’s firm stance on financial commitments.
This development raises concerns over Ghana’s energy security, as the potential suspension of gas supply could impact power generation.
The VRA, which relies on gas from N-Gas to fuel thermal power plants, may be forced to explore alternative arrangements to prevent disruptions to electricity supply.
Latest Stories
-
Teacher unions declare nationwide strike over unpaid promotion arrears and delayed negotiations
2 minutes -
Engage Now Africa and LDS church commission boreholes for five communities in Upper East communities
23 minutes -
GPL 2026/27: Karela United bank on home form against Hearts of Oak
31 minutes -
NPLs declined to 15.7% in August 2026
49 minutes -
Existing Cedi notes to remain legal tender alongside Heritage Series – BoG
56 minutes -
Consumer, business sentiments positive – BoG
1 hour -
There’ll be no GH¢500 Cedi note as part of Heritage Series issuance – BoG
1 hour -
Heritage Series Cedi notes to modernise cedi while preserving national identity – BoG
2 hours -
Ghana’s business environment at ‘Inflection Point’ as private Sector takes greater lead — Vish Ashiagbor
2 hours -
At least 2 new airlines could join domestic aviation market by 2027 – GCAA Director General
2 hours -
What if Ghana’s next tourism boom begins with Ghanaians?
2 hours -
Energy Commission to monitor EV charging stations
2 hours -
Invest with confidence, Ghana’s golden era is beginning – Finance Minister
2 hours -
Do Ghana to launch The Great Ghana Day Out on World Tourism Day
2 hours -
Clean up our politics before politics cleans us up
3 hours