Restructure Ghana Gas Board – ACEP To Gov’t

The Africa Centre for Energy Policy (ACEP) wants the board of the Ghana Gas Company restructured. They made this calling following what they say are questionable deals the Ghana Gas Company has entered into. This was made known in a report by ACEP titled; ‘Ghana Gas, Questionable deals and the national interest, how Ghana’s quest for energy security faces imminent danger’. ACEP raised questions about a Joint Venture Agreement with Afgen, based in Benin to build an LnG re-gasification facility and to sell re-gasified LNG to Ghana. Apart of the deals, ACEP says the membership of the Deputy Chief of Staff, Dr Valerie Sawyer on the Company’s is wrong, hence their call for the restructuring of the board. “The Deputy Chief of Staff is part of the Presidency and should not be serving on boards of state-owned entities. It creates difficulties for the sector Minister in the supervision of Ghana Gas,” the report said. The report disclosed that the lack of transparency in the activities of Ghana Gas and the failure of government to act decisively on matters of the gas development “is beginning to cast doubt in the minds of the International Oil Companies about the country’s determination to apply the gas to the benefits of the people of Ghana.” It served notice to government and other relevant stakeholders that the future of Ghana’s economic transformation hinges on availability of reliable, affordable and secure fuel for power generation and other industrial uses.