December 21, 2024

Ghana’s Energy Minister encourages African countries to make use of the abundant natural gas resources

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Natural gas storage cylinders

Policy and Decision-makers in Africa’s energy sector have been encouraged by Ghana’s Energy Minister Dr Matthew Opoku Prempeh to take advantage and harness the natural resources in their various countries for the benefit of their citizens.

This call was made by the Minister as he joined other African Energy Ministers virtually to launch a policy brief on natural gas in the African energy landscape on Monday, October 18, 2021, under the auspices of the Africa Energy Commission.

He said the use of natural gas presents a significant opportunity for Africa to bridge the poverty gap by leveraging on its abundance on the continent, as well as its low cost and efficiency relative to other fossil sources.

Adding that Ghana’s Gas Master Plan recognizes the power sector as the most important sector to channel our natural gas resources as currently over 70 % of our fuel requirement for power generation is met by natural gas.

“As the world moves towards creating universal access to electricity as well as transitioning from carbon-intensive energy sources to low carbon sources, natural gas presents itself as the fuel of choice. In Ghana, for example, investments made between 2019 and 2020 alone will contribute to CO2 emission reductions of about 11,000,000 metric tons in the next decade,” he said.

“Recognizing the fact that natural gas is instrumental to the growth of the Ghanaian economy as well as those of our sister countries, Ghana is positioning itself to be the hub of natural gas supply in the West African Sub-Region.

“Our Liquefied Natural Gas (LNG) terminal located in Tema, has the potential to supply up to 400 MMscfd of gas, which is enough to meet our domestic requirement as well supply to other neighbouring countries in the sub-region” he added.

The natural gas in the African Energy Landscape is the first in a series of policy briefs that will be produced this year to shed light on the energy situation of Africa, using data collected by AFREC from the AU member states.

The policy briefs aim to enhance understanding of specific fuels, their production processes, trade and use while serving as a framework instrument to policymakers across all African countries.

By: Stella Annan | myactiveonline.com Twitter @activetvgh

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