Exploration & Production

Ghana’s LNG plans show lack of policy coherence

Ghana's state petroleum company has entered into talks on a second LNG import project despite paying for domestic gas it is unable to utilise Ghana's state petroleum company has entered into talks on a second LNG import project despite paying for domestic gas it is unable to utilise.
By Felix Janvrin 24 January 2019 0 33869
The port of Tema in Ghana. (Jonathan Ernst, World Bank)

The key issue: Ghana National Petroleum Corp. is reportedly in talks to develop a second LNG terminal despite an abundance of incoming domestic gas it is unable to utilise, and the contradictory nature of Ghana’s planning is putting the country’s financial reputation at risk.

Interfax analysis: Ghana’s improving supply outlook makes it hard to understand why Ghana National Petroleum Corp. (GNPC) is holding discussions on a second LNG terminal. 

The Ghanaian state petroleum company started talks on a second terminal with West African Gas Ltd...