Business News of Friday, 5 April 2019Source: ghananewsagency.orgGhana to save $300 million annually for generating electricity with gas - BawumiaReverse flow of natural gas will save Ghana $300mVice President Dr Mahamudu Bawumia on Wednesday said Ghana would save 300 million dollars annually upon the successful completion of the reverse flow of natural gas from the Aboadze Power enclave to Tema for power generation. The move, he said, would make the country self-sufficient in using gas for electricity generation and minimise the importation of natural gas from Nigeria. “Ghana has enough gas to power all her power plants without relying on imported gas because gas is much cheaper than liquid fuel, hence a policy decision has been taken to switch-over to gas in energy generation,” he said. Commenting on job creation, he said the Government had created 350,000 jobs, excluding employment under Planting for Food and Jobs, since assuming office in 2017. The Vice President said it had been building human capacity through the Free Senior High School Policy, Nation Builders Corps and Planting for Food and Jobs.

Source: GhanaWeb April 05, 2019 00:44 UTC