No impropriety in procurement processes – Ghana Gas assures

The Ghana National Gas Company Limited has rejected allegations of impropriety in its recent procurement activities, stating that all processes were lawful and fully compliant with regulatory requirements.

This follows growing public scrutiny of procurement processes in state-owned enterprises.

In a statement issued on Monday, April 13, 2026, the company explained that media reports suggesting wrongdoing were linked to the renewal of its lead insurance arrangements after the routine expiration of previous contracts at the end of the year.

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It further stated that the change in insurers formed part of standard operational procedures and aligned with management’s strategy to safeguard the company’s assets.

“The Company wishes to categorically assure the general public that no wrongdoing has occurred. The new insurance arrangements are entirely lawful and represent an enhanced risk management strategy to safeguard the Company’s assets,” the statement said.

The company also noted that all contracts awarded to date had gone through the required approval processes, including clearance from the Public Procurement Authority (PPA) and commitment authorisations from the Ministry of Finance.

It therefore rejected any suggestion of procedural breaches, insisting that due process was strictly followed in line with public procurement regulations.

Reaffirming its commitment to stakeholders, Ghana Gas said it remains focused on ensuring the reliable and efficient supply of natural gas to meet the country’s energy needs.

It added that it will continue to review and strengthen its internal controls to enhance compliance, risk management, and operational efficiency.

“The Company remains fully focused on delivering gas in a timely and efficient manner to ensure the nation’s energy needs are consistently met,” it stated.

SO/MA