Business

Kennedy Agyapong is new board chair of Ghana National Gas Company Ltd

President Akufo-Addo has appointed the Member of Parliament for Assin Central, Kennedy Ohene Agyapong, as the new board chairman of Ghana National Gas Company Limited.

At a brief ceremony at the Ministry of Energy’s conference room on Wednesday, 21 July 2021, to inaugurate the newly-constituted Governing Board of Company, Energy Minister Dr. Mattew Opoku Prempeh charged the new Board under the chairmanship of Assin Central MP, Kennedy Ohene Agyapong to tackle the operational challenges of the company earnestly.

“Your nomination is indicative of His Excellency President Akufo Addo’s confidence in your individual and collective abilities to steer the affairs of one of the key state-owned companies in Ghana’s energy sector. You are by this appointment expected to provide direction and leadership in the day-to-day running of the nation’s premiere mid-stream gas business company”

He continued “As sector Minister, one of my priorities is to rid the sector of avoidable debts especially, ones I call intra-energy sector debts. This will ensure liquidity of companies in the carrying out of their operations as well as other financial obligations”.

Other members of the nine-member board are Mr. Ben KD Asante, the Managing Director of the company; Mr. John Darko, Mrs. Adelaide Mary Benneh; Awulae Amihere Kpanyinli; Mr Abraham Ossei Aidooh; Madam Delphine Dogbegah; Nana Owusu Ansah Ababio, and Mr. Stephen Sumani Nayina as members.

“We want to assure you that we are going to corporate with you and we are going to ensure that the right thing is done,” the Assin Central MP said in his acceptance speech after a swearing-in ceremony by the Energy Minister Dr. Mathew Opoku Prempeh.

According to him, the nomination and swearing-in of the Board signified the President’s trust in them and therefore they must justify the confidence.

Dr. Opoku Prempeh reiterated his approach of discouraging intra-energy sector debts where indebtedness was affecting the seamless operations of companies. He therefore charged the Board of Ghana Gas to ensure that all debts owed the company is paid regularly.

“I am aware that in times past one of the major challenges Ghana Gas has faced is VRA’s indebtedness to it; payments for the gas supplied them in their operations were quite irregular. As you take over the helm of affairs, I urge you to be keen in ensuring that debts owed the company are paid regularly”.

On technical issues, the Minister charged the board to be keen on quality assurance. This he says if sustained will be critical to the development of Ghana’s nascent gas industry. He further asked the Board to be sensitive to the community needs of the project affected areas. This he says will ensure peaceful co-existence between the company and host communities.

About Ghana National Gas Company Limited

The Ghana National Gas Company Limited was established in July 2011 as a limited liability company with the responsibility to build, own and operate natural gas infrastructure required for gathering, processing, transportation and marketing.

Ghana gas has played a significant role in industrialization in Ghana. Ghana gas produces natural gas and gas based resources for domestic, commercial and industrial use. Ghana gas has played a significant role in Ghana’s economy by saving Ghana millions of cedis and contributing to country’s power generation.

Ghana contributes up to 50% of the Liquefied Petroleum Gas (LPG) consumed in the country. Ghana gas produces LPG which is transported to various off takers to be distributed and sold to the end user. The LPG is therefore used by about 90% of Ghanaians for cooking and other domestic purposes.

By: Ernestina Afake | Originalfmonline.com | Ghana

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