Ghana will depend on Nigeria for gas in spite of ENI project

Ghana will depend on Nigeria for gas in spite of ENI project

- The ENI and TEN projects when completed will add some 60mmscl of gas to the 120mmscf being supplied by the Atuabo Gas Processing Plant, it will not be enough to meet the huge demand of the nation

- The TEN by Tullow will add 30mmscf while another 30mmscf will be supplied by ENI

-  Eni which have been awarded a new exploration licence in Ghana, for the Cape Three Points Block 4, located in the Tano basin 

- The Minister  said he believes the country will still need support from Nigeria but expressed joy at progress being made to ensure that West African countries becomes independent in their energy need 

Emmanuel Armah-Kofi Boah, the Minister for Petroleum has disclosed that Ghana’s dependence on Nigeria to bridge the demand deficit for its gas will continue even if the ENI, TEN projects are completed.

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According to him, the two projects even though when completed will add some 60mmscl of gas to the existing 120 mmscf being supplied by the Atuabo Gas Processing Plant, it will still not be enough to meet the country’s demand.

The Tweneboa-Enyenra Ntomme (TEN) development project which is being undertaken by Tullow is expected to add about 30mmscf while an additional 30mmscf would be supplied by ENI in collaboration with Vitol Energy from the Sankofa and Gye Nyame Fields.

Ghana’s Liquefied Petroleum Gas (LPG) processed by the Atuabo Gas Processing Plant is about 70% of the nation’s demand.

Whilst TEN is expected to produce its first oil and gas in August, 2016, ENI/Vitol Energy will produce theirs in 2018.

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Italian multinational oil and gas company, Eni which is part of a consortium comprising GNPC, Explorco, Vitol, Eni and Woodfields have been awarded a new exploration licence in Ghana, for the Cape Three Points Block 4, located in the Tano basin.

The Petroleum Minister though enthused about the progress being made in the energy sector, said he believes the country will still need support from Nigeria but was hopeful of plans being made to ensure that West African countries becomes independent in their energy needs.

He revealed that they have projected that in the next 10 years, 80% of the power plants in Ghana will be thermal and the cheapest source of fuel being gas.

Towards that end, the Minister said Ghana needed to do everything possible to ensure that the nation had access to the gas needed.

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Nigeria needs their gas more than us and we have learned the hard way that we need to plan independently as if nobody is around to help us. That is what we are doing”, he said.

Ghana has an agreement with Nigeria for a daily gas supply of 120mmscf though the West African Gas Pipe line.

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