Ghana Gas Saves US$ 250 million through Indigenization and Development
The Ghana National Gas Limited Company (Ghana Gas) has saved US$ 250 million through its transition from Sinopec to Ghanaian engineers.
The substantial cost savings and job creation is a result of the company’s indigenization efforts and operational efficiency.
The Chief Executive Officer (CEO), Dr. Ben K.D. Asante made the remarks at the Minister’s Press Briefing in Accra today.
He stated that since 2017, the company has demonstrated its commitment to fostering local expertise and advancing national development.
“In April 2017, Ghana Gas fully indigenized the operations and maintenance of its Gas Processing Plant (GPP) and associated pipelines and this initiative has also led to the creation of about 1000 jobs, including both permanent and contract positions”, Dr Ben Asante explained.
He mentioned that the company’s success also extends to maintenance and certification milestones.
“Post-indigenization, we have completed three major shutdowns and maintenance projects and achieved ISO 45001: 2018 certification for Occupational Health and Safety Management Systems”, the CEO added.
He hinted that Ghana Gas is also advancing towards ISO 14001 certification for environmental management system.
Infrastructure Development
Dr. Ben Asante noted that Ghana Gas Limited Company’s supply network has been pivotal for industrial growth and power generation with industrial clients such as Wangkang Ceramic, Sentuo Refinery, and Twyford/Keda Ceramic.
“We enable the supply of gas for industrial heating and power, benefiting both Eastern and Western industrial enclaves,” he stated.
The CEO mentioned that the construction of the Anokyi Mainline Compressor Station has increased compression capacity and ensured efficient gas transmission from Atuabo to Kumasi and beyond.
“This project enhances operational flexibility and ensures a steady power supply to Ghanaian households and industries,” he added.
He highlighted the contribution of the 10-kilometer gas pipeline project from Takoradi Distribution Station to the Karpowership at Sekondi Naval Base contributes significantly to Ghana’s electricity supply, meeting 20% of the nation’s energy requirements.
“This infrastructure supports 26% of Ghana’s electricity needs, reducing fuel costs significantly,” the CEO of Ghana Gas highlighted.
Source: MOI (PR Unit)
