Business Times Africa Magazine 2017 /vol 9/ No2 BT2Edition2017_web | Page 47

TO STABILISE GHANA POWER, THE ANSWER IS SIMPLE: MONEY
gas is also expected to run out by 2036,
according to energy experts.
The country does not have enough
indigenous gas to fuel power plants sited
in the Western Region, and will have
to augment gas supplied with crude,
following the delivery of the AMERI
power plant.
The Jubilee Oil field produces about
100,000 barrels of oil per day. The field
also crucially produces about 120million
standard cubic feet of gas per day (mscf/
day) to power thermal plants within the
Aboadzi power enclave.
NGas, made up of Chevron, Shell
and the Nigerian National Petroleum
Corporation (NNPC), is also contracted
to supply 120mscf of gas per day via the
West African Gas Pipeline. However,
supply of the commodity has been below
the contractual volume, amid issues of
debts owed the suppliers.
This, however, is not enough to cater
for the estimated total gas demand of
about 350mscf/day needed to generate
enough thermal energy to meet the daily
2,200megawatts of electricity demanded
at peak.
Gas exported on-shore from the Jubilee
Field and processed by the Ghana Gas
Company Limited for onward delivery
to VRA and other Independent Power
Generators in Takoradi represents a
crucial source of cheap fuel for the
generation of power. At full throttle
it supplies about 120million
standard cubic feet of gas.
Additional gas is expected to be
generated from the TEN project.
The project derives its name from
the three fields -- Tweneboa,
Enyera and Ntomme -- and
has a current scope to develop
300million barrels of oil equivalent
(mmboe) over the lifetime of the
field, which is approximately 20
years. Around 80% of this is oil and
20% gas.
When this comes on-stream, it
will help address the fuel shortage
situation facing the country.
2017 | Business Times Africa 45