Business News of Tuesday, 7 August 2012
Construction is expected to begin this month on the country's first gas infrastructure which includes a gas processing plant.
Chief Executive Officer of the Ghana Gas Company, Dr. George Sipa-Yankey, tells Joy News a sod cutting ceremony was scheduled for August 10, but has had to be rescheduled due to the President’s funeral which would take place on the same date.
“The ex-president agreed to do the sod cutting, but unfortunately, he’s passed away… Certainly, we are hoping that immediately after the burial, a week or some days after we will agree on a day for the sod cutting ceremony.”
The Company last week took delivery of more than 3,000 pipelines from China. Another consignment of about 3,271 is due to arrive soon. Dr. Sipa-Yankey says most of the equipment for the project have arrived and the laying of the pipes would soon begin.
“We did inform Ghanaians that we’re hoping to finish this project by the end of this year… and I want to confirm that we are on target."
Meanwhile, the National Petroleum Authority is assuring the general public there should soon be enough LPG on the market.
It explains a power failure at the Tema Oil Refinery last week which affected some machines at the refinery led to the suspension of production of certain petroleum products such as LPG.
Public Relations Officer, Yaro Kasambata says they have taken delivery of 8,000 metric tons of gas.
According to him, due to the down-time, the refinery has had to work all through the weekend to supply the product to the market.