[ 2017-05-08 ]

WAPCo rules out pressure on gas supplies over FPSO shut down
The West African Gas pipeline Company Limited
(WAPCo) has assured that the temporary shutdown of
FPSO Kwame Nkrumah by Tullow will not put pressure
on gas that will be required to be transported to
the Volta River Authority (VRA).

According to WAPCO, various measures have been put
in place to avert possible debts when Tullow shuts
down its operations temporarily.

Tullow oil is planning to shut down the FPSO Kwame
Nkrumah for 12 weeks for maintenance purposes, for
the second half of this year.

This has sparked many fears as to whether the
intended action will put pressure on WAPCO to
deliver gas to the VRA.

But in an interview with Citi Business News, the
General Manager for Finance and Administration at
WAPCo, Mike Enendu assured that plans are far
advanced to ensure VRA acquires the needed gas to
operate fully.

“Whenever there is a shortage of fuel, of
course, it puts pressure in the sector but of
course there are plans being made to cover up that
shortfall within the period that it will be shut
down.”

He again asserted, “We have a process in place
now that ensures that debts are not accumulated
anymore.”

Power cuts to worsen over unpaid debts to WAPCo et
al – Analysts
Analysts in the power sector feared the current
disruptions in power supply would linger until
such a time that government finds sustainable
means to increase gas supplies to power the
country’s thermal plants.

According to them, the quantity of gas delivered
by the Ghana Gas Company is insufficient to meet
demands by the thermal plants.

They have therefore impressed on government the
need to settle all outstanding debts to suppliers
of gas to facilitate increased supplies and
prevent the situation from worsening.

Source - citibsinessnews.com

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