Energy Security, A Must!

From all indications, Ghana is inching slowly towards energy security with the signing last Friday of a major oil and gas exploration deal.

The $6billion deal between the government of Ghana and ENI/VITOL for exploration in the Offshore Cape Three Points (OCTP) must indeed, gladden the hearts of all Ghanaians.

The good news is that this is the fifth such agreement signed between the government of Ghana, and Independent Power Producers (IPP) in recent times.

What this means for the energy sector is that the four energy producers would add a total of about 1,500 megawatts of energy to the existing power mix of the country.

With the ENI/VITOL gas production expected to come on stream in 2017, Ghana is definitely on the road to energy security.

Remarkably, a lot is going on to address one of the critical constraints to power generation, which is gas.

It is expected from the work that has been done so far, that within two years, the country would be producing over 300 million standard cubic feet of gas for power generation, and that would produce between 1,300 and 1,500 megawatts of power.

Significantly, these power projects, together with the Atuabo Gas Plant, which is expected to process 30 million standard cubic feet of gas to generate 125MW at the Aboadze Thermal Plant, would surely push the country to achieve energy sufficiency in the nearest foreseeable future.

Indeed, by the time the entire Western Corridor Gas Infrastructure Project is completed, the nation should be saying goodbye to the “Dumsor, Dumsor”.

But are Ghanaians prepared to wait until 2017, when the projects are expected to be completed?

Is that what Ghanaians want to hear now? It seems many Ghanaians really care less about what government is doing to secure the future with sufficient energy.

Indeed, the feeling on the streets is, “We want power now,” so not many would appreciate what happens in the future.

Without doubt, the current load management is affecting every aspect of our lives, and has become unbearable.

Our hope now lies in the Atuabo Gas Plant, which was expected to receive gas yesterday, as part of the commissioning of the plant.

All things being equal, the plant should begin commercial processing of gas before the end of the year, for the Volta River Authority (VRA) to generate more power for the country.

While we pray for a successful commercia-lisation of the project, we would urge all Ghanaians to wait patiently for more power to be generated to enable the country to return to normalcy.

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