The Atuabo Gas Plant at Atuabo has been completed and was commissioned by President John Dramani Mahama on September 16, 2015. It is currently supplying lean gas to the Aboadze enclave of thermal plants. At full capacity it can supply 120 million standard cubic feet of gas per day (mmscd) to generate about 500MW of electricity.
This will save GHC500 million in fuel importation for electricity generation. The plant has the capacity to produce 240,000 tonnes of Liquefied Petroleum Gas (LPG) a year, which is about 70% of total annual demand in Ghana. About 57,502 metric tonnes of LPG had been released for sale by the middle of September 2015.
Gas supplies are expected to rise in 2016 when production begins in the TEN fields. The country’s second FPSO has been inaugurated and christened FPSO John Atta Mills. It is expected to sail to the TEN fields in March, 2016 for production of oil and gas to begin.
In January 2015, Ghana signed an agreement to begin work on the ENI/Vitol Sankofa field. This investment is worth US$7 billion and is reportedly the single biggest investment signed in recent history.
The operationalisation of the TEN and Sankofa fields will bring Ghana’s gas production to above 300 mmscd.
The Oil and Gas sector currently provides direct employment for 7,545 Ghanaians.
Under the Rural LPG Promotion Programme a total of 33,000 gas cook stoves and cylinders were distributed between 2014 and 2015. Another 20,000 stoves and cylinders were distributed by the end of 2015.