Oil Supply In Ghana: Gas agreement with E. Guinea must be ratified - Minority

At a press conference in Accra the Ranking Member of the Mines and Energy Committee, Adam Mutawakilu, said: “it is an international transaction and per the Supreme Court ruling it should be brought to Parliament for ratification."

The Energy Minister must provide Parliament with the details of the agreement for the supply of Liquefied Natural Gas (LNG) from Equatorial Guinea to Ghana.

This is a request made by the Minority in Parliament.

At a press conference in Accra the Ranking Member of the Mines and Energy Committee, Adam Mutawakilu, said: “it is an international transaction and per the Supreme Court ruling it should be brought to Parliament for ratification which will help scrutinize the terms and conditions of the deal.”

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The MoU signed indicated that Equatorial Guinea will supply the equivalent of 150 million standard cubic feet of natural gas per day to Ghana.

The MoU also provides for the building and operation of a LNG regasification terminal in Takoradi in the Western Region.

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But Mutawakilu said: “LNG supply is not like lean gas from Nigeria where straight away, it goes to the generation plant.”

“In LNG, you look at transportation, you look at the regasification unit, hence the need to find out more information about the regasification unit,” he explained.

At a press conference in Accra the Ranking Member of the Mines and Energy Committee, Adam Mutawakilu, said: “it is an international transaction and per the Supreme Court ruling it should be brought to Parliament for ratification." Read Full Story