Ghana Gas helps Ghana to save $1.3bn annually in fuel costs – CEO

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The Atuabo Gas Processing Plant

Ghana is stepping up efforts to attract international investment into its rapidly expanding energy sector, with the Chief Executive Officer of Ghana National Gas Company Limited (Ghana Gas), Judith Adjobah Blay, presenting the country’s strategic gas infrastructure and growth prospects to global industry leaders at the Global Energy Show in Calgary, Canada.

Addressing one of the world’s leading energy conferences, Ms. Blay outlined Ghana’s vision of becoming a key natural gas and energy transit hub in West Africa, while showcasing major investment opportunities aimed at strengthening energy security, industrial development and regional integration.

She told delegates that Ghana Gas has become a critical pillar of Ghana’s energy economy through its operation of the country’s primary midstream gas infrastructure, which gathers, processes and transports natural gas to power plants and industrial consumers.

According to Ms. Blay, Ghana Gas currently supplies approximately 84 percent of the fuel used by thermal power plants, which generate about 60 percent of Ghana’s electricity. The company’s operations, she noted, help the country save an estimated US$1.3 billion annually in fuel costs, while an additional US$60 million is saved through the domestic supply of Liquefied Petroleum Gas (LPG).

She further highlighted the economic benefits of the company’s gas processing facility, built by SINOPEC in partnership with Canada’s Thermo Design Engineering Ltd. The facility produces condensate, commonly known as naphtha, which is used in the production of premix fuel for Ghana’s fishing industry. The initiative has significantly reduced fuel costs for fishermen while lowering government subsidy expenditures by more than 60 percent.

On regional energy cooperation, Ms. Blay pointed to Ghana Gas’ partnership with the West African Gas Pipeline Company (WAGP), describing it as a milestone in regional energy integration. The interconnection between Ghana Gas infrastructure and the West African Gas Pipeline has enabled bidirectional gas transmission since 2018, allowing gas to flow both eastward and westward and transforming Ghana from a gas-importing endpoint into an active player in the regional gas transmission market.

She also revealed that Ghana Gas is participating in the proposed African Atlantic Gas Pipeline project, an ambitious initiative expected to connect Nigeria and Morocco through several African countries, including Ghana. The project is anticipated to create new opportunities for energy trade between Africa and Europe while opening avenues for private sector investment in pipeline interconnections and compression facilities.

Looking ahead, the Ghana Gas CEO identified Liquefied Natural Gas (LNG) as a key component of the country’s long-term energy security strategy. While Ghana has already invested in LNG terminal and regasification infrastructure, she said future imports would depend on market conditions, affordability and commercial viability, with particular attention to maintaining stable electricity tariffs for consumers.

 

Woos investors

Ms. Blay used the international platform to invite investors to participate in a new phase of expansion planned by Ghana Gas. Among the flagship projects are the construction of a second Gas Processing Plant, the development of a 300-kilometre onshore gas transmission pipeline and the implementation of the Pentane Monetization Project.

She explained that growing domestic demand for natural gas requires additional processing capacity, while the proposed transmission pipeline would connect key industrial centres and natural resource corridors across the country, enhancing reliability and expanding access to energy.

The Pentane Monetization Project, she noted, reflects Ghana Gas’ commitment to environmental sustainability. Rather than flaring hydrocarbons typically associated with gas processing, the company plans to invest in stabilization and conditioning technologies that will allow these resources to be safely commercialized. The initiative is expected to generate additional revenue while supporting the company’s environmental, social and governance (ESG) objectives.

Making a case for Ghana as a preferred investment destination, Ms. Blay cited the country’s stable democratic governance, independent judiciary, strong legal protections for investors, deregulated market environment and strategic location within the West African sub-region.

She assured investors that Ghana’s long-standing respect for property rights and its record of safeguarding private investments provide a secure environment for long-term capital deployment.

 

Concluding her address, Ms. Blay reaffirmed Ghana Gas’ commitment to supporting national development while advancing regional energy transformation.

“Through continued investments in infrastructure, regional partnerships and future LNG capabilities, Ghana Gas is positioning itself not only as Ghana’s national energy champion, but also as a strategic gas transmission hub for West Africa,” she said.

She added that the company remains committed to creating value for investors while strengthening energy security and deepening regional integration across the sub-region.

 

 

 

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