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Business News of Sunday, 24 January 2016


Ghana Gas resumes production after maintenance

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The Ghana Gas Company says it has resumed operations following the completion of its mandatory maintenance of the Atuabo Gas processing plant ahead of the two-week schedule plan.

The plant was shutdown on January 15 by the operators to allow for maintenance work to commence having been in operation for more than 8,000 hours since last year. The maintenance was to last 14 days.

However, officials told TV3 that engineers have managed to use five days to complete the work, which is the second since lean gas production started.

Dr. George Sipa Yankey, Chief Executive of Ghana Gas Company told journalists that the plant has resumed its operational transportation of over 110 million standard cubic feet of gas to the Aboadze Thermal plant for power generation.

He said going forward, the plant will be shutdown at every 4,000 hours for mandatory maintenance work, adding one more compressor is being installed at the plant to serve as a back-up

“We are going to install a second compressor here. If we are able to do that, we may not necessary have to shut down the plant after every 4000 hours. We have to shut down every 4000 hours to service and overhaul our compressors here. And so if we have a second one, when we are ready to overhaul the first compressor, the second one also starts to operate,” he said.

Meanwhile, Dr. Sipa Yankey has denied reports that the change over from crude oil to gas was the result of the nationwide blackout experienced Wednesday morning.