GHANA SECURES GAS SUPPLY FROM EQUATORIAL GUINEA

ACCRA, Ghana has signed a Heads of Agreement with Equatorial Guinea for the supply of 150 million to 200 million standard cubic feet of Liquefied Natural Gas (LNG) per day.

The agreement was signed during President Nana Addo Dankwa Akufo-Addo’s three-day official visit to that country this week. The move forms part of measures being taken by the government to ensure stable power supply and to guarantee Ghana’s energy security.

The agreement was signed by Minister of Energy Boakye Agyarko, and Gabriel Mbaga Obiang Lima, the Minister of Mines, Industry and Energy of Equatorial Guinea, and witnessed by President Akufo-Addo and President Teodoro Obiang Nguema Mbasogo.

Briefing journalists on his return from Equatorial Guinea here Thursday, Agyarko said there had been previous agreements entered into between the two countries on gas supplies which did not take effect.

But this time, we have been given orders by both presidents to make sure that by the end of 2017 the agreements come live. The significance of this gas supply is for the stable state of power generation in our country, he said.

Source: NAM NEWS NETWORK

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