The West Africa Gas Pipeline Company (WAPCo) has postponed its earlier decision to cut gas supplies to Ghana. This decision was taken after rounds of negotiations in Abuja.
Harriet Wereko-Brobby spokeswoman for the Ghanaian delegation stated: “By next week we are expecting a way forward. There appears to be a will by all the parties to resolve the issue without the flow of gas being cut off.”
The Government of Ghana paid N-Gas US$10 million last week.
The Ghanaian Power Generating Company Volta River Authority (VRA) owes N-Gas US$103 million.
Shortages of electricity in Ghana has led to “dumsor”, increasing the interest in renewable energy. Ghana plans to become a major regional exporter of electrical power using oil from the Jubilee oil field.
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