Government Commended for Concession Model to Revive ECG, Stringent Conditions Advised
According to data presented by the Ministry of Finance and the 2024 budget report, ECG's losses have reached critical levels.
According to data presented by the Ministry of Finance and the 2024 budget report, ECG's losses have reached critical levels.
"We’re delivering more American energy, more efficiently, and with fewer regulatory roadblocks."
The report, which is expected to guide future government policies and strategies, could mark a transformative shift in the management of Ghana's power distribution sector.
Interior Secretary Doug Burgum, who attended the meeting, revealed that oil prices—often a major concern for producers—were not a focal point of the discussion.
“Without increasing the levy, we will also review the Energy Sector Levies Act (ESLA) to consolidate the Energy Debt Recovery Levy, Energy Sector Recovery Levy (Delta Fund)."
ACEP cautioned that without securing adequate funding, the project’s full benefits may not be realized.
Madam Judith Adjobah Blay has been appointed the new Chief Executive Officer (CEO) of the Ghana National Gas Company (GNGC). Her appointment marks a new chapter for the state-owned entity, ...
Looking beyond the immediate effects, the withdrawal of the Unitisation Directives introduces complex long-term challenges for both companies.
Bright Simons, Vice President of IMANI Africa, has pushed back against claims by former Energy Minister Matthew Opoku Prempeh regarding Ghana’s controversial forced unitisation policy involving oil giants Eni-Vitol and ...
“Ghana's petroleum sector has witnessed a precipitous decline, with crude oil production shrinking by more than 32%..."