Ghana | Egypt Oil & Gas - Part 3

Ghana’s Oil Importers Threaten Government

Ghana's domestic oil importers said they may take legal action against the government to recover interest on an outstanding debt of $384m.

Micoperi to Build LNG Terminal in Ghana

Micoperi has signed an engineering, procurement, and construction (EPC) contract for the Tema liquified natural gas (LNG) import terminal, which will be located near Accra, Ghana.

Ghana Began Amandi Power Plant Construction

Ghana’s Amandi Energy has commenced construction of a $552m combined-cycle, dual-fuel power project in Aboadze.

Ghana to Pump Gas from WAGL LNG Plant

Ghana would receive its first gas from the West Africa Gas Ltd. (WAGL) LNG terminal, currently under construction in Tema, in July 2017.

Ethiopia Inaugurated New Hydropower Plant

Ethiopia inaugurated a $1.57b hydropower plant along the Omo River in the country's south region that will nearly double total electricity output to 4,238MW.

Ghana Output to Reach 190,000b/d

Ecobank Research has revealed Ghana’s oil output will reach 190,000b/d by the end of 2016.

World Bank Extended Sankofa’s Funding by $517m

Two unit of the World Bank Group would provide another $517m to Ghana in debt and guarantees to support the $7.7b Sankofa oil and gas project developed by Italy's ENI SpA and upstream trader Vitol Ghana.

West African Banned “Dirty Fuels” Imports

Nigeria, Benin, Togo, Ghana, and Cote d'Ivoire agreed on import ban of European fuels with high Sulphur levels.

Ghana Denied Subsidizing GOIL

Ghana’s Finance Minister, Seth Terkper, denied that government pays subsidies to the Ghana Oil company Limited (GOIL).

Tullow Ghana Terminated Rig Contract with Seadrill

Seadrill Partners has announced it received a notice of termination from Tullow Ghana for the semi-submersible rig, West Leo.

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