Tag: Ghana energy sector

The Minister for Energy and Green Transition, John Abdulai Jinapor, has taken a firm stance against excessive electricity consumption and non-payment of power bills.

The think tank insisted that before any tariff adjustments are considered, there must be a rigorous national debate and a thorough examination of the electricity distribution system.

The scheduled shutdown is part of efforts to enhance operational efficiency, boost production capacity, and strengthen the long-term sustainability of the field.

“The government should work with financial institutions to restructure the energy sector’s debts, providing a clear repayment framework that balances affordability with fiscal responsibility.”

“As Ghana’s national oil company, our priorities include enhancing trading operations, ensuring long-term financing stability...

Currently, Ghana operates with only one CBM, which serves as the primary facility for discharging both petrol and diesel imports.

"Our goal is to not only increase production but to ensure that our policies promote a sustainable and mutually beneficial energy environment.”

The country is keen on achieving a sustainable, reliable, and equitable energy system

The opposition by COMAC stems from concerns that the CRM, as initially structured, posed a significant threat to existing businesses in the sector.