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    It’s time for Ghanaians to own gold mines – President Mahama

    GoldBod Taskforce Seizes GH₵1.4 Million Worth of Gold in Major Anti-Smuggling Operation

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    C/R:Over 300 grassroots from Ajumako rally for Bryan Acheampong as NPP’s Presidential Candidate

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    NPP Panics Over Possible Loss in Ablekuma North, Drags Electoral Commission to Court

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Home Featured

Ghana Faces Load Shedding as Minority Points to Questionable $800M Gas Deal

GhanaPoliticsOnline.com by GhanaPoliticsOnline.com
September 26, 2024
in Featured, General News
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The Minority in Parliament has raised concerns over the resurgence of load shedding, popularly known as ‘dumsor,’ blaming it on dubious contracts signed by the government through the Ghana Gas Company.

The caucus alleges that there is pressure on the Ghana Gas Company from the Presidency to sign an $800 million contract with the Phoenix Park Gas Processors Consortium under questionable circumstances, without parliamentary approval.

The Minority caucus reveals that a power deficit of over 500 megawatts was recorded on Tuesday, September 24, negatively impacting customers.

Ranking Member on the Energy Committee of Parliament, John Jinapor, raised the concern in an interaction with journalists.

“Because of such dubious contracts, as we speak, there is load shedding ongoing. GRIDCo has been cautioned not to inform customers. On [September 24], there was a deficit of more than 500 megawatts. On [September 25], they are going to shed a load and customers in Ghana will be affected.

“Tullow Ghana has not been paid even $1 for the past nine months for gas supplied to Ghana Gas and Tullow is threatening to curtail supply of gas.

“The IPPs have just dispatched a letter to the Minister of Finance intending to halt the supply of power for debt and liabilities hovering around $1.2 billion. Sadly, the energy sector is collapsing.”

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