Power Ministry announces new agreement with WAPCo

The Ministry of Power has announced a new agreement under which the Nigerian Gas Company and the West African Gas Pipeline Company (WAPCo) will continue with the supply of Gas to the Volta River Authority (VRA).

The new agreement brokered amongst all parties in Accra on Tuesday, was the outcome of high level negotiations which involved the Nigerian Minister of State-designate and Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Emmanuel Kachikwu Ibemenam, the Minister of Power, Dr Kwabena Donkor, the Minister of Finance, Mr Seth Terkper and the Chief Executive of VRA, Mr Kirk Koffi.

A statement signed by Mr Kweku Sersah-Johnson Head of Public Affairs at the Ministry and copied to the Ghana News Agency, said the agreement came on the heels of a courtesy call on President John Dramani Mahama, by a delegation led by the Nigerian Minister-designate and Group Managing Director of the NNPC in Kumasi on Monday.

“A similar delegation led by Dr Kwabena Donkor, visited Nigeria last week in the wake of a threat by WAPCo to curtail gas supply to VRA if it failed to settle its outstanding debts by Friday October 16, 2015,” it said.

According to the statement, the N-Gas and WAPCo currently supply around 100 Million Standard Cubic feet of gas daily to Ghana.