Power plants within the Tema enclave will from next year witness a significant improvement in the supply of natural gas for their operation. This is because the West African Gas Limited (WAGL) is to commence Gas production in the enclave from July next year. Parliament granted its approval for the Project to go ahead on Wednesday […]
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Power plants within the Tema enclave will from next year witness a significant improvement in the supply of natural gas for their operation.
This is because the West African Gas Limited (WAGL) is to commence Gas production in the enclave from July next year.
Parliament granted its approval for the Project to go ahead on Wednesday October 19, 2016 which also entails the leasing of Floating Storage and Regasification Units (FSRU), the dredging and extension of the breakwater at the Tema Port by at least 300metres.
The project is expected to supply the country with 180 million standard cubic feet of gas per day for a period of 10 years.
Most of the Power plants in the enclave have had to shut down due to lack of reliable gas supply to power their plants.
Project Director for WAGL Ole Agerndal is hopeful the change in government will not affect the continuity of the ongoing project.
With government running on a tight string budget, experts believes the WAGL project offers a big relief to the nation as the entirety of the project is financed upfront by the WAGL with the project cost being amortized over the 10-year lifespan.
By: Ghana/Ultimatefmonline.com/106.9FM/Fred Dzakpata
The post WAGL to commence Gas production at Tema in July 2017 appeared first on Ultimate FM.
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