Audio By Carbonatix
President John Mahama has directed Finance Minister, Seth Terkper to look for alternative sources of funding for the Ghana Gas project.
The project has stalled because the Ghana Gas Company is facing some financial challenges due to delay in the disbursement of the China Development Bank loan.
This has led to several postponements of the completion timeline.
But the Chief Executive, George Sipa Yankey tells Joy Business, the President’s directive is important for the completion of the project.
“We at Ghana Gas are determined to finish the project by the end of the year once we get enough money.
"What is most important for us is to pay our contractors and so if we get the money as directed by the President, I can assure you we would finish the project this year.”
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
-
Barca agree ÂŁ69m-plus deal with Newcastle for Gordon
2 minutes -
Energy Minister cautions ECG engineers against politicising their work
6 minutes -
Cardio Lab Scientist advocates preventive healthcare after free screening exercise at New Achimota
10 minutes -
Ghana climbs to 17th globally in outsourcing competitiveness
15 minutes -
Quantum LC, Korle Bu Cardiothoracic Centre hold free health screening for staff, New Achimota residents
20 minutes -
HAKLA SC Vice President marks birthday with donation to Children’s home
6 hours -
Shatta Wo Maame T…?
7 hours -
Dr Kingsley Agyemang raises concerns over Ghana’s Ebola preparedness gaps
7 hours -
EPA arrests Gyetey Gye Nyame Mining PRO over alleged illegal mining at Nkroful
7 hours -
Weija traditional leaders support demolition of structures on waterways to curb flooding
7 hours -
UGCFL26: Wilmar Africa, the newcomers taking over Group B
7 hours -
Why Gordon Asare Bediako matters for NPP 2028’s communication
8 hours -
UPSA hosts 11th Business & Entrepreneurship Conference on ESG and Sustainability
8 hours -
Strong public confidence boosts Ghana’s drive towards local vaccine production
8 hours -
Strategy Execution for Results
8 hours