The Ghana Gas Company will start producing some 190,000 tons of liquefied petroleum gas (LPG) annually from January next year, according to Chief Executive Officer, George Sipa-Yankey.
Speaking to journalists in Tema, Mr. Sipa-Yankey said the coming on stream of the fuel will make gas shortages in the country a thing of the past.
The Gas Company was establish by the government to implement the gas infrastructure project, which involves receiving gas from oil and gas fields in the Tano Basin and processing it into lean gas, propane, butane and condensate. It is estimated to cost around US$850 million.
?The gas that is going to be produced will help the VRA produce electricity and not be worried about where to get power for its turbines,? Mr. Sipa-Yankey said.
The overall goal of the project is to ensure that natural gas, associated gas and natural gas liquids produced in the country will be effectively and efficiently processed into clean fuels and feedstock for the domestic and export markets.
It will also promote the development of petrochemical industries, substantially reduceand/or eliminate flaring of gas, and develop the Western Region as a new economic growth pole in the long term.