Industry | Natural Gas |
---|---|
Founded | July 2011 |
Headquarters | , |
Key people | Hon. Kennedy Ohene Agyapong Board Chairman [1] Dr. Ben K. D Asante Chief executive officer [1] |
Owner | Government of Ghana |
Website | www |
Ghana National Gas Company is the state Agency that has the mandate to operate infrastructure required for the gathering, processing, transporting and marketing of natural gas resources in Ghana. [2]
Ghana Gas operates on a business model, generating revenue through the processing, transportation, and sale of natural gas and natural gas liquids. Currently, GNGC supplies gas to the Volta River Authority (VRA) for power generation. [2]
The company was incorporated in July 2011 by the Government of Ghana . [3]
Official production commenced in November 2014. The company specializes in the production and exploration of lean gas, condensate, LPG, and isopentanes, while also playing a vital role in driving the growth of the nation’s industrial sector. [2]
The economy of Ghana has a diverse and rich resource base, including the manufacturing and export of digital technology goods, automotive and ship construction and export, and the export of resources such as hydrocarbons and industrial minerals.
The Federal Energy Regulatory Commission (FERC) is an independent agency of the United States government that regulates the interstate transmission and wholesale sale of electricity and natural gas and regulates the prices of interstate transport of petroleum by pipeline. FERC also reviews proposals to build interstate natural gas pipelines, natural gas storage projects, and liquefied natural gas (LNG) terminals, in addition to licensing non-federal hydropower projects.
China Petroleum and Chemical Corporation, or Sinopec, is a Chinese oil and gas enterprise based in Chaoyang District, Beijing. The SASAC administers China Petroleum and Chemical Corporation for the benefit of State Council of the People's Republic of China. China Petroleum and Chemical Corporation operates a publicly traded subsidiary, called Sinopec, listed in Hong Kong and Shanghai stock exchanges. China Petroleum and Chemical Corporation is the world's largest oil refining conglomerate, state owned enterprise, and second highest revenue company in the world behind Walmart.
Eni S.p.A., acronym for and formerly legally known as Ente nazionale idrocarburi, is an Italian multinational energy company headquartered in Rome. It is considered one of the "supermajor" oil companies in the world, with a market capitalization of €50 billion, as of 31 December 2023. The Italian government owns a 30.5% golden share in the company, 1.99% held through the Ministry of Economy and Finance and 28.5% through the Cassa Depositi e Prestiti. The company is a component of the Euro Stoxx 50 stock market index.
The first independent Ministry of Petroleum was established in March 1973, to manage the political role of petroleum resources before the war of 1973. In view of the strategic significance of the Ministry's existence as a political body that sets the general petroleum strategies on new bases to go in line with the requirements of the country at this stage. On top of its priority list, is to provide the local market needs of petroleum products, petrochemicals and mineral resources, and to contribute to achieving the targeted growth rates of the national economy.
The West African Gas Pipeline (WAGP) is a natural gas pipeline to supply gas from Nigeria's Escravos region of the Niger Delta area to Benin, Togo and Ghana. It is the first regional natural gas transmission system in sub-Saharan Africa.
The National Gas Company of Trinidad and Tobago Limited (NGC) is a state-owned natural gas company. It was created by the Government of Trinidad and Tobago in 1975. NGC operates in the field of gas pipelines, industrial sites, gas production, port and marine infrastructure, natural gas liquids and liquefied natural gas. It has assets worth $43 billion. Its credit rating by Moody's is Baa2 and A− from S&P The company currently operates in Point Lisas, Couva at the Point Lisas Industrial Estate.
GAIL (India) Limited is an Indian state-owned energy corporation with primary interests in the trade, transmission and production distribution of natural gas. GAIL also has interests in the exploration and production solar and wind power, telecom and telemetry services (GAILTEL) and electricity generation. GAIL was founded as the Gas Authority of India Ltd. in August 1984 under the Ministry of Petroleum and Natural Gas to build, operate and maintain the HVJ Gas Pipeline. On 1 February 2013, the Indian government conferred GAIL with Maharatna status along with 11 other Public Sector Undertakings (PSUs).
The Mining industry of Ghana accounts for 5% of the country's GDP and minerals make up 37% of total exports. Gold contributes over 90% of the total mineral exports. Thus, the main focus of Ghana's mining and minerals development industry remains focused on gold. Ghana is Africa's largest gold producer, producing 80.5 t in 2008. Ghana is also a major producer of bauxite, manganese and diamonds. Ghana has 20 large-scale mining companies producing gold, diamonds, bauxite and manganese; over 300 registered small scale mining groups; and 90 mine support service companies. Other mineral commodities produced in the country are natural gas, petroleum, salt, and silver.
The petroleum industry of Ghana is regulated by the state-owned Ghana National Petroleum Corporation (GNPC) and administered by the state-owned Ghana Oil Company (GOIL).
Ghana generates electric power from hydropower, fossil-fuel, and renewable energy sources such as wind and solar energy. Electricity generation is one of the key factors in order to achieve the development of the Ghanaian national economy, with aggressive and rapid industrialization; Ghana's national electric energy consumption was 265 kilowatt hours per each one in 2009.
The Abu Dhabi National Energy Company, PJSC (TAQA) is a government controlled energy holding company of Abu Dhabi, United Arab Emirates.
Oyigbo also known as Obigbo is a Local Government Area located in Rivers State, Nigeria. It is a town, 30 kilometers from the Port city of Port Harcourt, 25km from the city of Aba. It's predominantly inhabited by the Asa people an indigenous Igbo people who are also found in Ukwa west L.G.A in Abia state and the Ndoki people who are also found in Ukwa East L.G.A of Abia state and Ukanafun L.G.A of Akwa ibom state
The Jubilee Oil Field is an oil field located off the coast of Ghana's Western Region in the South Atlantic Ocean under the ownership of the Kosmos Energy, Occidental Petroleum and the Tullow Oil.
Saltpond Oil Field is an oil field off the coast of Ghana. The field was discovered in 1970 by Signal-Amoco Consortium. The field is currently managed by the Saltpond Offshore Producing Company (SOPCL), Ghana's oldest producer of crude oil.
The Osagyefo Barge is a 125 MW barge-mounted gas turbine electric power generating station located at Effasu in the Western Region of Ghana.
The Petroleum Division, part of Pakistan's Ministry of Energy, is tasked with ensuring a secure and sustainable supply of oil and gas to meet the country's economic and strategic needs. It also oversees the development of natural energy resources and minerals. Previously a standalone ministry, the Petroleum Division was merged into the Ministry of Energy in August 2017.
Atuabo is a town in the Western Region of Ghana noted for the situation of the Ghana Gas Company's Atuabo Gas Plant and the proposed Atuabo Freeport. It is one of many small towns such as Eikwe and Baku along the beautiful coastal beaches of Nzemaland in the Western Region of Ghana.
Atuabo Freeport is an ongoing infrastructure likely to be Ghana's third major port.
Atuabo Gas Plant is the Natural Gas Processing Plant of the Ghana Gas Company located at Atuabo, a small coastal community, in the Nzemaland of the Western Region in Ghana.