Midstream

Akufo-Addo opens Ghana Gas Headquarters

Akufo-Addo opens Ghana Gas Headquarters

President Nana Addo Dankwa Akufo-Addo, on Tuesday, 23 July 2019, opened a state-of-the-art Operational Office Complex of Ghana National Gas Company. The office complex is expected to deliver first-class gas operations and support services for the country’s gas sector...

TOR loses GHC186m in four months

TOR loses GHC186m in four months

The Tema Oil Refinery (TOR) has recorded a net loss of GHc186.35 million from January to April 2019, according to a report by the company. Though the 2019 TOR Variance Report, had forecast the company’s operational loss to be around GHc71.70 million for the period, a...

Renaizance Oil Ltd boss busted for defrauding BDC

Renaizance Oil Ltd boss busted for defrauding BDC

Chief Executive of Renaizance Oil Limited, David Aseye Tay, is behind bars for allegedly defrauding some Bulk Distribution Companies (BDCs) to the tune of whopping six million dollars ($6m), equivalent of about GH¢28million. Thanks to the law which is no respecter of...

$100m Ghana Gas choppers deal stinks

$100m Ghana Gas choppers deal stinks

A government sanctioned forensic audit has revealed that the acquisition of helicopters worth over $61 million by Ghana National Gas Company (GNGC) caused financial loss to the state because the choppers were never utilized. The four Z-9EH helicopters bought from...

ENERGY GHANA MAGAZINE

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