Ghana Gas looks beyond profits as PURC backs fresh investment in infrastructure
According to the Chief Executive Officer of Ghana Gas, Judith Adjobah Blay, the company intends to channel its profits into upgrading its facilities and increasing the reliability and availability of gas for power generation and industrial use.
Ghana Gas Company has changed its strategy from focusing on profitability to reinvesting profits in expanding its infrastructure and improving operational reliability. CEO Judith Adjobah Blay stated that the company plans to use its profits to upgrade its facilities and ensure a more reliable and abundant supply of gas for power generation and industrial use.
During an industrial tour by the Public Utilities Regulatory Commission (PURC), Blay emphasized the importance of redundancy in gas processing operations, mentioning the imminent construction of a third compressor to provide additional capacity during equipment downtime. PURC Executive Secretary Dr. Shafic Suleman highlighted Ghana Gas as a crucial asset to Ghana's power sector, and the regulator is committed to supporting the company's investment needs while fostering its technical and human resource development.
Suleman also stressed the necessity of safeguarding the company's infrastructure to maintain a stable energy supply in Ghana.
Written by urgent.news from MyJoyOnline Ghana's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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