“Ghana to import natural gas from Cote D’Ivoire for Power Generation” is the headline of a story on the front page of the High Street Journal. The story says Ghana may save up to 30 per cent in energy generation costs if current high level talks between the governments of Ghana and Cote d’Ivore on supply of natural gas to fuel the Takoradi thermal plant go through.
A Mines and Energy Ministry official who disclosed this was hopeful that there will be a positive out come. The Takoradi thermal plant, one of two in the country built for the Volta River Authority, has total capacity of 330 mw and was built in 1997.
The paper says natural gas is reckoned as being up to 30 per cent cheaper than crude oil as well as more environmentally friendly.
Already, Ghana is a signatory to the long-term West Africa Gas Pipeline project which, when it becomes a reality, will carry natural gas from Nigeria’s huge reserves to Benin, Togo and Ghana, the paper recalled.
