The Ghana National Gas Company (GNGC) is gearing up for a major expansion drive, aiming to reinvest its strong financial gains to boost operational efficiency and make gas more accessible for power generation and industry.
Chief Executive Officer Judith Adjobah Blay announced that the company’s next focus will be on expansion and reinvestment, following its recent financial success. “That is the next phase, beyond profit, there is expansion and reinvestment into Ghana Gas,” she stated.
Central to these plans is a proposed onshore pipeline project that would stretch from Takoradi to Tema, extending the supply of gas from the Atuabo processing facility beyond the Western Region. The pipeline would traverse the Central and Eastern regions, ultimately reaching the industrial hub of Tema.
GNGC anticipates that the expanded infrastructure will support industrial growth along the pipeline’s route by making gas more available to businesses and factories in those areas.
The company’s ambitious expansion plans were showcased during an industrial tour by the commissioners and management of the Public Utilities Regulatory Commission (PURC), GNGC’s economic regulator. Richard Kirk-Mensah, Head of Corporate Communications at Ghana Gas, said the visit provided PURC with an invaluable opportunity to witness the company’s operations and expansion projects firsthand.
“Their visit aims to give them insight into Ghana Gas’s operations, particularly the expansion projects at their sites. Rather than just presenting slides and discussing verbally, allowing them to see the facilities and the ongoing work firsthand will give them a better understanding of the company’s plans and activities,” Kirk-Mensah explained.
With its sights set on expansion and reinvestment, Ghana Gas is positioning itself as a key driver of Ghana’s industrial and power sectors, promising increased availability and reliability of gas supply for years to come.
Source: Apexnewsgh.com