M a r k e t N e w s

GHANA TO INCREASE LOCAL GAS PRODUCTION

Posted on : Wednesday, 29th October 2014

 

 

President of Ghana, Mr. John Mahama, while responding to questions on the economy at the Global African Investment Summit in London, said the country is working hard to court more private investors to shore up local production of gas to solve the country’s power crisis.

 

He said this will end the country’s over-reliance on the West African gas pipeline which has been inconsistent with supplying gas to the country.

 

He said, “We had a lot of excitement when the gas pipeline was built hoping that the abundance of Nigerian gas will flow through the pipeline to help all the four countries signed onto the pipeline, but the volume has been very disappointing.”

Source : Oil and Gas press
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