25 April 2017

The Ghana National Gas Company (Ghana Gas), with the approval of the Ministry of Energy, has renewed a Project Implementation Agreement (PIA) with the Chinese multinational service conglomerate, Yantai Jereh Oilfield Services Group Co., for engineering and survey studies on the proposed 278-km onshore natural gas transmission pipeline from Aboadze to Tema. The PIA, initially signed on September 7, 2016 for six months, was renewed on April 11, 2017 for a further six months.

Ghana Gas wishes to inform its stakeholders that the PIA only mandates Jantai Jereh to complete the Front End Engineering Design (FEED) and topographical/geotechnical site surveys for the proposed onshore natural gas transmission line. During the validity period of the PIA, certain preliminary activities are to be undertaken by Yantai Jereh with the prior approval of Ghana Gas. These include the engagement of a contractor to perform the FEED.

The purpose of the PIA is to serve as a prelude for the negotiation of a Build, Operate and Transfer (BOT) agreement. All cost of implementation of the FEED shall be approved by Ghana Gas.

We wish to inform our stakeholders and the general public that a BOT agreement for the natural gas transmission pipeline has not been concluded, nor executed.

Further, Ghana Gas, contrary to the assertions made in a number of media publications, has not issued any public statement on the matter.

Ghana Gas would keep the media and all stakeholders informed of the progress on this major national endeavor as and when necessary.

GEORGE AMOAKO-ADJEI
DIRECTOR, COMMERCIAL OPERATIONS
FOR ACTING-CHIEF EXECUTIVE OFFICER
GHANA GAS, ACCRA.

FOR FURTHER INFORMATION CONTACT: 0302744200

Distribution: All Media Houses

20 April 2017

Ghanaian engineers at the Ghana National Gas Company (Ghana Gas) have finally taken over technical operations of the country's premier natural gas processing plant at Atuabo in the Western Region.

Consequently, the company has dispensed with the services of expatriate engineers and Sinopec, a Chinese company, which had been in charge of operations of the Atuabo Gas Processing Plant (GPP) since November 2014.

During a tour of the plant yesterday, the acting Chief Executive Officer (CEO) of Ghana Gas, Dr Ben Asante, said the indigenisation of the company's operations had saved it more than $2 million monthly or $24 million annually.

The money was used to pay for the monthly operations and management consultancy services rendered by Sinopec to Ghana Gas.

Takeover

The takeover of the technical operations of Ghana Gas followed a major decision by the management not to renew the contract for operations and management consultancy services of Sinopec after it expired recently.

Dr Asante said local engineers at the company had gained substantially from the experiences and knowledge of the work processes at the plant and exhibited their capacity to manage the technical operations of the company.

"That is why we've been running this plant over the past four weeks without the expatriates and without unusual challenge.

In some jurisdictions, such as Trinidad and Tobago and even Nigeria, facilities such as these have been in the hands of expatriates for decades, but we have developed these skills within these few years after the inception of the company in 2011," he said.

He said after the processing plant was commissioned into service, the management made a conscious effort to attract, train and retain Ghanaians to take over the running of the plant to give meaning to the indigenisation of the industry.

Ghanaian ownership

The acting CEO said the move to deploy Ghanaian expertise in the operations of the facility was to ensure a true Ghanaian ownership of the country's first indigenous gas processing plant.

From the inception, he said, Ghanaians went through the commissioning process, comprising the integrated application of a set of engineering techniques and procedures to check, inspect and test every operational component of the project.

Dr Asante said from individual functions, such as instrument and equipment, up to complex amalgamations such as modules, sub-systems and systems, Ghanaians had the hands to deliver on promise.

Ghana Gas, he said, placed premium on safety and continued staff development to harness local talent, fully aware of the importance of energy sufficiency to the transformation of the national economy.

Reliability

He said the intermittent cuts in operation due to mandated, planned maintenance after every 4,000 hours of operation had been eliminated with the installation of a second overhead compressor.

The installation of the second compressor has ensured uninterrupted operation, such that when it is time to carry out planned maintenance, the plant switches to the standby compressor and carries on without notice of planned shutdown for planned maintenance.

Dr Asante commended the chiefs and the people of Nzemamaanle and the Western Region for the support they had given to him in his effort to enhance the operations of Ghana Gas. - Graphic <

23 Jan 2017

Dr. George Sipa-Adjah Yankey, CEO of the Ghana National Gas Company (Ghana Gas), is set to proceed on terminal leave.

The Board of the Company last week approved a request by the CEO to proceed on terminal leave, effective February 1, 2017, and terminating in May 2017.

Corporate Communications Manager of Ghana Gas, Mr. Alfred Ogbamey, said Dr. Yankey leaves behind an inspirational legacy of overseeing the conception, birth and growth of Ghana's premier natural gas processing company.

"He has led the pioneering of Ghana Gas from its incorporation in July 2011 through its successful implementation of Phase I of the Western Corridor Gas Infrastructure Development Project (WCGIDP), to the processing and supply of "First Gas" to the Volta River Authority (VRA) beginning 1:45 pm, Monday, November 24, 2014", he said.

Dr Yankey supervised the Construction and Operations phases of the Company, and has served as a board member and CEO of the Company since it was dreamt as a concept and the structures established.

The Company directly employs about 300 people and provides thousands of ancillary jobs in the service, hotelier, marketing, and transport industries, as well as in the delivering and retailing of LPG and Condensates across Ghana.

Under the leadership of the outgoing CEO, Ghana Gas completed the three-tier Ghana Gas project, from conception and design to the construction of a 12-inch 58-kilometre Offshore Pipeline, a 20-inch 111-kilometre Onshore Pipeline and a world class Atuabo Gas Processing Plant (GPP) within a period less than the three-to-four year standard global timeline for such projects.

He oversaw the engineering, design and installation of a second overhead De-ethenizer Compressor which will be connected to Ghana Gas facilities in February 2017.

He also led the negotiation of the upgrade of the processing capacity of the Atuabo Gas Processing Plant (GPP) from 150 million standard cubic feet of gas a day (mmscfd) to 180 mmscfd, construction of the 290 km Offshore Pipeline from Aboadze to Tema and signed the Project Implementation Agreements (PIAs) for both projects in September 2016.

Dr Yankey came into the CEO Job at Ghana Gas with a background as a Finance, Trade and Investment Lawyer. He is a former Minister of Health, a former President of ECOWAS Bank, a former Adjunct Professor at the International Law Institute, Georgetown University, Washington D.C. and a Visiting Instructor at the Law Development Institute in Rome, Italy.

The main challenge he leaves for his successor to tackle is the inability of Ghana Gas' main downstream off-taker, VRA, to pay over US$450 million debt owed the Company for lean gas supplied to the Aboadze Thermal enclave to generate electricity.

A 2016 first half-year report by the Public Interest and Accountability Committee (PIAC), which projected the debt at about $307 million in June last year, noted that the non-servicing of the debt could impact negatively on domestic natural production.

ALFRED OGBAMEY

CORPORATE COMMUNICATIONS MANAGER

GHANA GAS.

20 Oct 2016



20 October 2016 The Ghana National Gas Company (Ghana Gas) issues this statement to correct a false report that appeared on the media Friday, 14th October, 2016, captioned:

"TALE OF 2 COUNTRIES: GHANA TO BUILD 180-MILE GAS PIPELINE AT $500M - AMERICA BUILDS 570-MILE PIPELINE AT $1.2BN"

11 Aug 2016

Ghana National Gas Company (Ghana Gas) is scheduled to commence a planned, mandatory maintenance at its Atuabo Gas Processing Plant on Wednesday, August 31, 2016. The Atuabo Gas Processing Plant and its allied gas infrastructure will, therefore, be temporarily shut down during the maintenance period.

The planned maintenance, the third since lean gas and associated liquids production began, is expected to last approximately Fourteen (14) calendar days.

The plant has been in operation for more than 12,000 hours since pre-commissioning and commissioning activities began in 2014.

This mandatory outage is required by original equipment manufacturers and vendors for maintenance of certain critical components in the gas processing plant on a periodic basis. It is also to facilitate warranty assurance on the installed equipment and the validity of our operating insurance cover.

Ghana Gas is in communication with the Volta River Authority (VRA), the primary downstream lean gas off-taker, and the other product off-takers, as well as the upstream gas supplier, Tullow Ghana Limited, to ensure a smooth implementation and completion of the planned maintenance works.

The Company will also update appropriate stakeholders on the progress of work.

ALFRED OGBAMEY

CORPORATE COMMUNICATIONS MANAGER

GHANA GAS.

2 March 2016

The new Board of the Ghana National Gas Company (Ghana Gas) has assured staff of their readiness to work with management of the gas processing company to resolve immediate challenges facing it. During its maiden visit to the gas facility, the Board said it will outline policies to make Ghana Gas financially independent and to ensure settlement of indebtedness by off-takers of the Company's products. The Volta River Authority (VRA), main downstream off-taker of lean gas, owes Ghana Gas over US$250 million for processed gas.

Chairman of the Board, Mr. John Armstrong Yao Klinogo, made this assurance during a visit of the Board to the Atuabo Gas Processing Plant to familiarise themselves with operations of the Company Tuesday. Other members of the Board on the familiarisation tour were Dr. George Sipa-Adjah Yankey, CEO of Ghana Gas, Mr. Alexander Kofi-Mensah Mould, CEO of the Ghana National Petroleum Corporation (GNPC), Ms. Vivienne Gadzekpo, Director of Legal Affairs at the Ministry of Petroleum and Awulae Amihere Kpanyinli III, Paramount Chief of the Eastern Nzema Traditional Area.

The new Board, which replaced the first Board of the Company, was sworn into office on February 4, 2016. It is expected to shape the future of Ghana Gas and oversee the implementation of the second phase of the gas project. The Board also paid a courtesy call on the chiefs and people of the Eastern Nzema Traditional Area and assured the community of its commitment to address the concerns of the communities in which Ghana Gas operates.

The CEO of Ghana Gas and member of the Board, Dr. Yankey, said Ghana Gas plans to roll out a series of corporate social responsibility interventions to support the developmental needs of the communities within its areas of operation. The chiefs, in response, assured the Board of their support and affirmed their continuous cooperation for the success of the gas project and its associated community projects.

2 May 2015

The Atuabo Gas Processing Plant, operated by the Ghana National Gas Company (Ghana Gas), has resumed processing and production of various gas products after successfully undergoing its first planned mandatory maintenance.

The planned maintenance began on April 20, 2015 and was completed on April 29, 2015; nine days into the announced Fourteen (14)-day shutdown period.

Re-introduction of natural gas to the plant from the Jubilee Field and subsequent supply to the downstream off-takers began the following day, April 30, 2015.

As of today (Saturday, May 2, 2015), outputs of various gas products at the Atuabo Gas Processing Plant are as follows:

Lean/Dry Gas – Fifty Four (54) million standard cubic feet (mmscf) of gas a day is being

supplied to the Volta River Authority (VRA) through the Aboadze Thermal enclave.

LPG – 370m3 or 205 metric tonnes of Liquefied Petroleum Gas (LPG) a day is being

produced for the Ghanaian market.

Condensates – 100m3 or 70 metric tonnes of condensates a day is being produced for

energy generation in the Tema enclave.

It is important to note that processing of the various gas products is set to increase within the week as the Aboadze Thermal enclave increases its offtake.

Ghana Gas announced early last month that it would undertake its first planned mandatory maintenance of the Atuabo Gas Processing Plant since gas production began at the plant. It said the gas processing plant would, therefore, be shut-down for a period ranging between Ten (10) to Fourteen (14) days.

It said the scheduled maintenance was a requirement by its vendors for certain critical components in the Atuabo Gas Processing Plant, particularly the compression facilities, which had been in continuous service for nearly 4,000 hours since installation and commissioning.

The shutdown, the company said, formed part of required safety protocols and were very essential for warranty assurance and viability of its operating insurance, given the multiple equipment manufacturers involved in the manufacturing of modules for the plant.

ALFRED OGBAMEY

CORPORATE COMMUNICATIONS MANAGER

GHANA GAS

29 March 2015

As part of the Early Phase Gas Infrastructure Project from Essiama to Prestea, the Ghana National Gas Company (Ghana Gas) is undertaking another compensation payment exercise in the Western Region, effective March 30, 2015.

A total sum of about ₵7.8 million would be paid as part of the compensation package for crops, belonging to about 800 project-affected farmers in 23 communities along the EssiamaPrestea Lateral Line.

Beneficiary communities include Prestea, Banaho, Gwira Bibini Nsuaem, Kutokrom, Mbease Nsuta, Anyinam, Bondae, Ahomkakrom, Abrodiem, Wiawso, Esamzam, Ma Nyame Hunu, Bokazo, Krobo Junction, Eshiem, Tumentu, Dwira Semtum, Assuawaah, Angedware, Atabobo, Aluka, Teleku Bokazo and Essiama. Procedures for crops compensation claims are as follows.

Claimants must come to the compensation grounds with their original Form Fs issued

to them by the Lands Valuation Division (LVD) during the enumeration of the crops.

Payment will only be effected upon receipt of the Form F, which will be used as

evidence of the entitlement of the claimant to the compensation.

For the avoidance of doubt, all claimants around the Essiama end of the EP Line would

have their compensation claims handled at the Essiama Palace, whereas those around

the Prestea end of the line would have their claims handled at the Anyinam Community Centre.

Ghana Gas also wishes to announce that it is ready to pay compensation for lands compulsorily acquired for the Western Corridor Gas Infrastructure Development Project.

Ghana Gas is, however, awaiting directives from the Lands Commission with respect to the validated beneficiaries of land compensation. We, therefore, urge claimants to the lands in question to adhere to the following processes to expedite the process of payment to them

Claimants of land compensation are expected to make claims to the Lands

Commission within six months of the publication of compulsory acquisition

notices in the national dailies.

The said compulsory acquisition notices in this case were published in August 2014.

Upon validation of uncontested claims by the Lands Commission, Ghana Gas will be

obliged to pay the compensation to the claimant.

Ghana Gas, therefore, appeals to affected claimants to exercise patience while they go through the validation process of the Lands Commission.

We appeal to claimants who may have difficulties in preparing their claims to contact the offices of Ghana Gas for assistance. Officials are ready to assist them to the best of their abilities.

ALFRED OGBAMEY

CORPORATE COMMUNICATIONS MANAGER

GHANA GAS (0302-744200)

17 December 2014

In fulfillment of our commitment to continuously update the Ghanaian public and our key stakeholders on the operations of the Atuabo Gas Processing Plant and associated facilities during the ongoing Commissioning Stage, the Board of the Ghana National Gas Company (Ghana Gas) can confirm that we are currently supplying the Volta River Authority (VRA) with gas at 50-53 million standard cubic feet per day (50-53MMSCFD), which is generating between 150-200 MW of power at Aboadze.

Aboadze is therefore currently relying solely on gas from Atuabo to power the various plants in the enclave, and we are looking to ramp up flow from the current average of 50MMSCFD to the design flow of 150MMSCFD by end of this month (December 2014). Our current permits from the Energy Commission and Petroleum Commissions allow us to flow up to 150MMSCFD.

To reach that flow level, the VRA is expected to confirm its readiness to take the higher flows. The absence of enough functioning generating units at the VRA enclave in Aboadze and compressor trippings on the offshore facility, FPSO Kwame Nkrumah, are two keyissues Ghana Gas has been concerned about. We are accordingly in discussions with VRA and Tullow Oil respectively to address these challenges. Indeed, since the commencement of commissioning on November 10, 2014, supply of raw gas from Tullow Oil has been sporadic. Most of the upstream flow curtailment incidents have resulted from unplanned outages or trips of the FPSO gas export compressor. The outage periods have ranged from 30 minutes to as long as 7 hours. These have gravely affected our commissioning schedule.

We have, thus far, also produced from the Atuabo Plant, 3,000 tons of LPG, out of which 2,100 tons have been delivered to the market for use. The plant has also produced over 500 tons of condensate out of which about 300tons has been transported to the market. These levels would increase significantly as we near completion of the commissioning process and as we increase raw gas intake at the Atuabo Plant. The Board is generally pleased with the overall commissioning processes and looks forward to a successful completion and commencement of full operations.

DR. KWESI BOTCHWEY BOARD CHAIRMAN

Accra: December 17, 2014

2 March 2016 The new Board of the Ghana National Gas Company (Ghana Gas) has assured staff of their readiness to work with management of the gas processing company to resolve immediate challenges facing it. During its maiden visit to the gas facility, the Board said it will outline policies to make Ghana Gas financially independent and to ensure settlement of indebtedness by off-takers of the Company's products. The Volta River Authority (VRA), main downstream off-taker of lean gas, owes Ghana Gas over US$250 million for processed gas. Chairman of the Board, Mr. John Armstrong Yao Klinogo, made this assurance during a visit of the Board to the Atuabo Gas Processing Plant to familiarise themselves with operations of the Company Tuesday. Other members of the Board on the familiarisation tour were Dr. George Sipa-Adjah Yankey, CEO of Ghana Gas, Mr. Alexander Kofi-Mensah Mould, CEO of the Ghana National Petroleum Corporation (GNPC), Ms. Vivienne Gadzekpo, Director of Legal Affairs at the Ministry of Petroleum and Awulae Amihere Kpanyinli III, Paramount Chief of the Eastern Nzema Traditional Area. The new Board, which replaced the first Board of the Company, was sworn into office on February 4, 2016. It is expected to shape the future of Ghana Gas and oversee the implementation of the second phase of the gas project. The Board also paid a courtesy call on the chiefs and people of the Eastern Nzema Traditional Area and assured the community of its commitment to address the concerns of the communities in which Ghana Gas operates. The CEO of Ghana Gas and member of the Board, Dr. Yankey, said Ghana Gas plans to roll out a series of corporate social responsibility interventions to support the developmental needs of the communities within its areas of operation. The chiefs, in response, assured the Board of their support and affirmed their continuous cooperation for the success of the gas project and its associated community projects.

2 March 2016 The new Board of the Ghana National Gas Company (Ghana Gas) has assured staff of their readiness to work with management of the gas processing company to resolve immediate challenges facing it. During its maiden visit to the gas facility, the Board said it will outline policies to make Ghana Gas financially independent and to ensure settlement of indebtedness by off-takers of the Company's products. The Volta River Authority (VRA), main downstream off-taker of lean gas, owes Ghana Gas over US$250 million for processed gas. Chairman of the Board, Mr. John Armstrong Yao Klinogo, made this assurance during a visit of the Board to the Atuabo Gas Processing Plant to familiarise themselves with operations of the Company Tuesday. Other members of the Board on the familiarisation tour were Dr. George Sipa-Adjah Yankey, CEO of Ghana Gas, Mr. Alexander Kofi-Mensah Mould, CEO of the Ghana National Petroleum Corporation (GNPC), Ms. Vivienne Gadzekpo, Director of Legal Affairs at the Ministry of Petroleum and Awulae Amihere Kpanyinli III, Paramount Chief of the Eastern Nzema Traditional Area. The new Board, which replaced the first Board of the Company, was sworn into office on February 4, 2016. It is expected to shape the future of Ghana Gas and oversee the implementation of the second phase of the gas project. The Board also paid a courtesy call on the chiefs and people of the Eastern Nzema Traditional Area and assured the community of its commitment to address the concerns of the communities in which Ghana Gas operates. The CEO of Ghana Gas and member of the Board, Dr. Yankey, said Ghana Gas plans to roll out a series of corporate social responsibility interventions to support the developmental needs of the communities within its areas of operation. The chiefs, in response, assured the Board of their support and affirmed their continuous cooperation for the success of the gas project and its associated community projects.

2 March 2016 The new Board of the Ghana National Gas Company (Ghana Gas) has assured staff of their readiness to work with management of the gas processing company to resolve immediate challenges facing it. During its maiden visit to the gas facility, the Board said it will outline policies to make Ghana Gas financially independent and to ensure settlement of indebtedness by off-takers of the Company's products. The Volta River Authority (VRA), main downstream off-taker of lean gas, owes Ghana Gas over US$250 million for processed gas. Chairman of the Board, Mr. John Armstrong Yao Klinogo, made this assurance during a visit of the Board to the Atuabo Gas Processing Plant to familiarise themselves with operations of the Company Tuesday. Other members of the Board on the familiarisation tour were Dr. George Sipa-Adjah Yankey, CEO of Ghana Gas, Mr. Alexander Kofi-Mensah Mould, CEO of the Ghana National Petroleum Corporation (GNPC), Ms. Vivienne Gadzekpo, Director of Legal Affairs at the Ministry of Petroleum and Awulae Amihere Kpanyinli III, Paramount Chief of the Eastern Nzema Traditional Area. The new Board, which replaced the first Board of the Company, was sworn into office on February 4, 2016. It is expected to shape the future of Ghana Gas and oversee the implementation of the second phase of the gas project. The Board also paid a courtesy call on the chiefs and people of the Eastern Nzema Traditional Area and assured the community of its commitment to address the concerns of the communities in which Ghana Gas operates. The CEO of Ghana Gas and member of the Board, Dr. Yankey, said Ghana Gas plans to roll out a series of corporate social responsibility interventions to support the developmental needs of the communities within its areas of operation. The chiefs, in response, assured the Board of their support and affirmed their continuous cooperation for the success of the gas project and its associated community projects.

2 March 2016 The new Board of the Ghana National Gas Company (Ghana Gas) has assured staff of their readiness to work with management of the gas processing company to resolve immediate challenges facing it. During its maiden visit to the gas facility, the Board said it will outline policies to make Ghana Gas financially independent and to ensure settlement of indebtedness by off-takers of the Company's products. The Volta River Authority (VRA), main downstream off-taker of lean gas, owes Ghana Gas over US$250 million for processed gas. Chairman of the Board, Mr. John Armstrong Yao Klinogo, made this assurance during a visit of the Board to the Atuabo Gas Processing Plant to familiarise themselves with operations of the Company Tuesday. Other members of the Board on the familiarisation tour were Dr. George Sipa-Adjah Yankey, CEO of Ghana Gas, Mr. Alexander Kofi-Mensah Mould, CEO of the Ghana National Petroleum Corporation (GNPC), Ms. Vivienne Gadzekpo, Director of Legal Affairs at the Ministry of Petroleum and Awulae Amihere Kpanyinli III, Paramount Chief of the Eastern Nzema Traditional Area. The new Board, which replaced the first Board of the Company, was sworn into office on February 4, 2016. It is expected to shape the future of Ghana Gas and oversee the implementation of the second phase of the gas project. The Board also paid a courtesy call on the chiefs and people of the Eastern Nzema Traditional Area and assured the community of its commitment to address the concerns of the communities in which Ghana Gas operates. The CEO of Ghana Gas and member of the Board, Dr. Yankey, said Ghana Gas plans to roll out a series of corporate social responsibility interventions to support the developmental needs of the communities within its areas of operation. The chiefs, in response, assured the Board of their support and affirmed their continuous cooperation for the success of the gas project and its associated community projects.

2 March 2016 The new Board of the Ghana National Gas Company (Ghana Gas) has assured staff of their readiness to work with management of the gas processing company to resolve immediate challenges facing it. During its maiden visit to the gas facility, the Board said it will outline policies to make Ghana Gas financially independent and to ensure settlement of indebtedness by off-takers of the Company's products. The Volta River Authority (VRA), main downstream off-taker of lean gas, owes Ghana Gas over US$250 million for processed gas. Chairman of the Board, Mr. John Armstrong Yao Klinogo, made this assurance during a visit of the Board to the Atuabo Gas Processing Plant to familiarise themselves with operations of the Company Tuesday. Other members of the Board on the familiarisation tour were Dr. George Sipa-Adjah Yankey, CEO of Ghana Gas, Mr. Alexander Kofi-Mensah Mould, CEO of the Ghana National Petroleum Corporation (GNPC), Ms. Vivienne Gadzekpo, Director of Legal Affairs at the Ministry of Petroleum and Awulae Amihere Kpanyinli III, Paramount Chief of the Eastern Nzema Traditional Area. The new Board, which replaced the first Board of the Company, was sworn into office on February 4, 2016. It is expected to shape the future of Ghana Gas and oversee the implementation of the second phase of the gas project. The Board also paid a courtesy call on the chiefs and people of the Eastern Nzema Traditional Area and assured the community of its commitment to address the concerns of the communities in which Ghana Gas operates. The CEO of Ghana Gas and member of the Board, Dr. Yankey, said Ghana Gas plans to roll out a series of corporate social responsibility interventions to support the developmental needs of the communities within its areas of operation. The chiefs, in response, assured the Board of their support and affirmed their continuous cooperation for the success of the gas project and its associated community projects.

2 March 2016 The new Board of the Ghana National Gas Company (Ghana Gas) has assured staff of their readiness to work with management of the gas processing company to resolve immediate challenges facing it. During its maiden visit to the gas facility, the Board said it will outline policies to make Ghana Gas financially independent and to ensure settlement of indebtedness by off-takers of the Company's products. The Volta River Authority (VRA), main downstream off-taker of lean gas, owes Ghana Gas over US$250 million for processed gas. Chairman of the Board, Mr. John Armstrong Yao Klinogo, made this assurance during a visit of the Board to the Atuabo Gas Processing Plant to familiarise themselves with operations of the Company Tuesday. Other members of the Board on the familiarisation tour were Dr. George Sipa-Adjah Yankey, CEO of Ghana Gas, Mr. Alexander Kofi-Mensah Mould, CEO of the Ghana National Petroleum Corporation (GNPC), Ms. Vivienne Gadzekpo, Director of Legal Affairs at the Ministry of Petroleum and Awulae Amihere Kpanyinli III, Paramount Chief of the Eastern Nzema Traditional Area. The new Board, which replaced the first Board of the Company, was sworn into office on February 4, 2016. It is expected to shape the future of Ghana Gas and oversee the implementation of the second phase of the gas project. The Board also paid a courtesy call on the chiefs and people of the Eastern Nzema Traditional Area and assured the community of its commitment to address the concerns of the communities in which Ghana Gas operates. The CEO of Ghana Gas and member of the Board, Dr. Yankey, said Ghana Gas plans to roll out a series of corporate social responsibility interventions to support the developmental needs of the communities within its areas of operation. The chiefs, in response, assured the Board of their support and affirmed their continuous cooperation for the success of the gas project and its associated community projects.

2 March 2016 The new Board of the Ghana National Gas Company (Ghana Gas) has assured staff of their readiness to work with management of the gas processing company to resolve immediate challenges facing it. During its maiden visit to the gas facility, the Board said it will outline policies to make Ghana Gas financially independent and to ensure settlement of indebtedness by off-takers of the Company's products. The Volta River Authority (VRA), main downstream off-taker of lean gas, owes Ghana Gas over US$250 million for processed gas. Chairman of the Board, Mr. John Armstrong Yao Klinogo, made this assurance during a visit of the Board to the Atuabo Gas Processing Plant to familiarise themselves with operations of the Company Tuesday. Other members of the Board on the familiarisation tour were Dr. George Sipa-Adjah Yankey, CEO of Ghana Gas, Mr. Alexander Kofi-Mensah Mould, CEO of the Ghana National Petroleum Corporation (GNPC), Ms. Vivienne Gadzekpo, Director of Legal Affairs at the Ministry of Petroleum and Awulae Amihere Kpanyinli III, Paramount Chief of the Eastern Nzema Traditional Area. The new Board, which replaced the first Board of the Company, was sworn into office on February 4, 2016. It is expected to shape the future of Ghana Gas and oversee the implementation of the second phase of the gas project. The Board also paid a courtesy call on the chiefs and people of the Eastern Nzema Traditional Area and assured the community of its commitment to address the concerns of the communities in which Ghana Gas operates. The CEO of Ghana Gas and member of the Board, Dr. Yankey, said Ghana Gas plans to roll out a series of corporate social responsibility interventions to support the developmental needs of the communities within its areas of operation. The chiefs, in response, assured the Board of their support and affirmed their continuous cooperation for the success of the gas project and its associated community projects.

2 March 2016 The new Board of the Ghana National Gas Company (Ghana Gas) has assured staff of their readiness to work with management of the gas processing company to resolve immediate challenges facing it. During its maiden visit to the gas facility, the Board said it will outline policies to make Ghana Gas financially independent and to ensure settlement of indebtedness by off-takers of the Company's products. The Volta River Authority (VRA), main downstream off-taker of lean gas, owes Ghana Gas over US$250 million for processed gas. Chairman of the Board, Mr. John Armstrong Yao Klinogo, made this assurance during a visit of the Board to the Atuabo Gas Processing Plant to familiarise themselves with operations of the Company Tuesday. Other members of the Board on the familiarisation tour were Dr. George Sipa-Adjah Yankey, CEO of Ghana Gas, Mr. Alexander Kofi-Mensah Mould, CEO of the Ghana National Petroleum Corporation (GNPC), Ms. Vivienne Gadzekpo, Director of Legal Affairs at the Ministry of Petroleum and Awulae Amihere Kpanyinli III, Paramount Chief of the Eastern Nzema Traditional Area. The new Board, which replaced the first Board of the Company, was sworn into office on February 4, 2016. It is expected to shape the future of Ghana Gas and oversee the implementation of the second phase of the gas project. The Board also paid a courtesy call on the chiefs and people of the Eastern Nzema Traditional Area and assured the community of its commitment to address the concerns of the communities in which Ghana Gas operates. The CEO of Ghana Gas and member of the Board, Dr. Yankey, said Ghana Gas plans to roll out a series of corporate social responsibility interventions to support the developmental needs of the communities within its areas of operation. The chiefs, in response, assured the Board of their support and affirmed their continuous cooperation for the success of the gas project and its associated community projects.

2 March 2016 The new Board of the Ghana National Gas Company (Ghana Gas) has assured staff of their readiness to work with management of the gas processing company to resolve immediate challenges facing it. During its maiden visit to the gas facility, the Board said it will outline policies to make Ghana Gas financially independent and to ensure settlement of indebtedness by off-takers of the Company's products. The Volta River Authority (VRA), main downstream off-taker of lean gas, owes Ghana Gas over US$250 million for processed gas. Chairman of the Board, Mr. John Armstrong Yao Klinogo, made this assurance during a visit of the Board to the Atuabo Gas Processing Plant to familiarise themselves with operations of the Company Tuesday. Other members of the Board on the familiarisation tour were Dr. George Sipa-Adjah Yankey, CEO of Ghana Gas, Mr. Alexander Kofi-Mensah Mould, CEO of the Ghana National Petroleum Corporation (GNPC), Ms. Vivienne Gadzekpo, Director of Legal Affairs at the Ministry of Petroleum and Awulae Amihere Kpanyinli III, Paramount Chief of the Eastern Nzema Traditional Area. The new Board, which replaced the first Board of the Company, was sworn into office on February 4, 2016. It is expected to shape the future of Ghana Gas and oversee the implementation of the second phase of the gas project. The Board also paid a courtesy call on the chiefs and people of the Eastern Nzema Traditional Area and assured the community of its commitment to address the concerns of the communities in which Ghana Gas operates. The CEO of Ghana Gas and member of the Board, Dr. Yankey, said Ghana Gas plans to roll out a series of corporate social responsibility interventions to support the developmental needs of the communities within its areas of operation. The chiefs, in response, assured the Board of their support and affirmed their continuous cooperation for the success of the gas project and its associated community projects.

2 March 2016 The new Board of the Ghana National Gas Company (Ghana Gas) has assured staff of their readiness to work with management of the gas processing company to resolve immediate challenges facing it. During its maiden visit to the gas facility, the Board said it will outline policies to make Ghana Gas financially independent and to ensure settlement of indebtedness by off-takers of the Company's products. The Volta River Authority (VRA), main downstream off-taker of lean gas, owes Ghana Gas over US$250 million for processed gas. Chairman of the Board, Mr. John Armstrong Yao Klinogo, made this assurance during a visit of the Board to the Atuabo Gas Processing Plant to familiarise themselves with operations of the Company Tuesday. Other members of the Board on the familiarisation tour were Dr. George Sipa-Adjah Yankey, CEO of Ghana Gas, Mr. Alexander Kofi-Mensah Mould, CEO of the Ghana National Petroleum Corporation (GNPC), Ms. Vivienne Gadzekpo, Director of Legal Affairs at the Ministry of Petroleum and Awulae Amihere Kpanyinli III, Paramount Chief of the Eastern Nzema Traditional Area. The new Board, which replaced the first Board of the Company, was sworn into office on February 4, 2016. It is expected to shape the future of Ghana Gas and oversee the implementation of the second phase of the gas project. The Board also paid a courtesy call on the chiefs and people of the Eastern Nzema Traditional Area and assured the community of its commitment to address the concerns of the communities in which Ghana Gas operates. The CEO of Ghana Gas and member of the Board, Dr. Yankey, said Ghana Gas plans to roll out a series of corporate social responsibility interventions to support the developmental needs of the communities within its areas of operation. The chiefs, in response, assured the Board of their support and affirmed their continuous cooperation for the success of the gas project and its associated community projects.

2 March 2016 The new Board of the Ghana National Gas Company (Ghana Gas) has assured staff of their readiness to work with management of the gas processing company to resolve immediate challenges facing it. During its maiden visit to the gas facility, the Board said it will outline policies to make Ghana Gas financially independent and to ensure settlement of indebtedness by off-takers of the Company's products. The Volta River Authority (VRA), main downstream off-taker of lean gas, owes Ghana Gas over US$250 million for processed gas. Chairman of the Board, Mr. John Armstrong Yao Klinogo, made this assurance during a visit of the Board to the Atuabo Gas Processing Plant to familiarise themselves with operations of the Company Tuesday. Other members of the Board on the familiarisation tour were Dr. George Sipa-Adjah Yankey, CEO of Ghana Gas, Mr. Alexander Kofi-Mensah Mould, CEO of the Ghana National Petroleum Corporation (GNPC), Ms. Vivienne Gadzekpo, Director of Legal Affairs at the Ministry of Petroleum and Awulae Amihere Kpanyinli III, Paramount Chief of the Eastern Nzema Traditional Area. The new Board, which replaced the first Board of the Company, was sworn into office on February 4, 2016. It is expected to shape the future of Ghana Gas and oversee the implementation of the second phase of the gas project. The Board also paid a courtesy call on the chiefs and people of the Eastern Nzema Traditional Area and assured the community of its commitment to address the concerns of the communities in which Ghana Gas operates. The CEO of Ghana Gas and member of the Board, Dr. Yankey, said Ghana Gas plans to roll out a series of corporate social responsibility interventions to support the developmental needs of the communities within its areas of operation. The chiefs, in response, assured the Board of their support and affirmed their continuous cooperation for the success of the gas project and its associated community projects.

2 March 2016 The new Board of the Ghana National Gas Company (Ghana Gas) has assured staff of their readiness to work with management of the gas processing company to resolve immediate challenges facing it. During its maiden visit to the gas facility, the Board said it will outline policies to make Ghana Gas financially independent and to ensure settlement of indebtedness by off-takers of the Company's products. The Volta River Authority (VRA), main downstream off-taker of lean gas, owes Ghana Gas over US$250 million for processed gas. Chairman of the Board, Mr. John Armstrong Yao Klinogo, made this assurance during a visit of the Board to the Atuabo Gas Processing Plant to familiarise themselves with operations of the Company Tuesday. Other members of the Board on the familiarisation tour were Dr. George Sipa-Adjah Yankey, CEO of Ghana Gas, Mr. Alexander Kofi-Mensah Mould, CEO of the Ghana National Petroleum Corporation (GNPC), Ms. Vivienne Gadzekpo, Director of Legal Affairs at the Ministry of Petroleum and Awulae Amihere Kpanyinli III, Paramount Chief of the Eastern Nzema Traditional Area. The new Board, which replaced the first Board of the Company, was sworn into office on February 4, 2016. It is expected to shape the future of Ghana Gas and oversee the implementation of the second phase of the gas project. The Board also paid a courtesy call on the chiefs and people of the Eastern Nzema Traditional Area and assured the community of its commitment to address the concerns of the communities in which Ghana Gas operates. The CEO of Ghana Gas and member of the Board, Dr. Yankey, said Ghana Gas plans to roll out a series of corporate social responsibility interventions to support the developmental needs of the communities within its areas of operation. The chiefs, in response, assured the Board of their support and affirmed their continuous cooperation for the success of the gas project and its associated community projects.

2 March 2016 The new Board of the Ghana National Gas Company (Ghana Gas) has assured staff of their readiness to work with management of the gas processing company to resolve immediate challenges facing it. During its maiden visit to the gas facility, the Board said it will outline policies to make Ghana Gas financially independent and to ensure settlement of indebtedness by off-takers of the Company's products. The Volta River Authority (VRA), main downstream off-taker of lean gas, owes Ghana Gas over US$250 million for processed gas. Chairman of the Board, Mr. John Armstrong Yao Klinogo, made this assurance during a visit of the Board to the Atuabo Gas Processing Plant to familiarise themselves with operations of the Company Tuesday. Other members of the Board on the familiarisation tour were Dr. George Sipa-Adjah Yankey, CEO of Ghana Gas, Mr. Alexander Kofi-Mensah Mould, CEO of the Ghana National Petroleum Corporation (GNPC), Ms. Vivienne Gadzekpo, Director of Legal Affairs at the Ministry of Petroleum and Awulae Amihere Kpanyinli III, Paramount Chief of the Eastern Nzema Traditional Area. The new Board, which replaced the first Board of the Company, was sworn into office on February 4, 2016. It is expected to shape the future of Ghana Gas and oversee the implementation of the second phase of the gas project. The Board also paid a courtesy call on the chiefs and people of the Eastern Nzema Traditional Area and assured the community of its commitment to address the concerns of the communities in which Ghana Gas operates. The CEO of Ghana Gas and member of the Board, Dr. Yankey, said Ghana Gas plans to roll out a series of corporate social responsibility interventions to support the developmental needs of the communities within its areas of operation. The chiefs, in response, assured the Board of their support and affirmed their continuous cooperation for the success of the gas project and its associated community projects.

2 March 2016 The new Board of the Ghana National Gas Company (Ghana Gas) has assured staff of their readiness to work with management of the gas processing company to resolve immediate challenges facing it. During its maiden visit to the gas facility, the Board said it will outline policies to make Ghana Gas financially independent and to ensure settlement of indebtedness by off-takers of the Company's products. The Volta River Authority (VRA), main downstream off-taker of lean gas, owes Ghana Gas over US$250 million for processed gas. Chairman of the Board, Mr. John Armstrong Yao Klinogo, made this assurance during a visit of the Board to the Atuabo Gas Processing Plant to familiarise themselves with operations of the Company Tuesday. Other members of the Board on the familiarisation tour were Dr. George Sipa-Adjah Yankey, CEO of Ghana Gas, Mr. Alexander Kofi-Mensah Mould, CEO of the Ghana National Petroleum Corporation (GNPC), Ms. Vivienne Gadzekpo, Director of Legal Affairs at the Ministry of Petroleum and Awulae Amihere Kpanyinli III, Paramount Chief of the Eastern Nzema Traditional Area. The new Board, which replaced the first Board of the Company, was sworn into office on February 4, 2016. It is expected to shape the future of Ghana Gas and oversee the implementation of the second phase of the gas project. The Board also paid a courtesy call on the chiefs and people of the Eastern Nzema Traditional Area and assured the community of its commitment to address the concerns of the communities in which Ghana Gas operates. The CEO of Ghana Gas and member of the Board, Dr. Yankey, said Ghana Gas plans to roll out a series of corporate social responsibility interventions to support the developmental needs of the communities within its areas of operation. The chiefs, in response, assured the Board of their support and affirmed their continuous cooperation for the success of the gas project and its associated community projects.

2 March 2016 The new Board of the Ghana National Gas Company (Ghana Gas) has assured staff of their readiness to work with management of the gas processing company to resolve immediate challenges facing it. During its maiden visit to the gas facility, the Board said it will outline policies to make Ghana Gas financially independent and to ensure settlement of indebtedness by off-takers of the Company's products. The Volta River Authority (VRA), main downstream off-taker of lean gas, owes Ghana Gas over US$250 million for processed gas. Chairman of the Board, Mr. John Armstrong Yao Klinogo, made this assurance during a visit of the Board to the Atuabo Gas Processing Plant to familiarise themselves with operations of the Company Tuesday. Other members of the Board on the familiarisation tour were Dr. George Sipa-Adjah Yankey, CEO of Ghana Gas, Mr. Alexander Kofi-Mensah Mould, CEO of the Ghana National Petroleum Corporation (GNPC), Ms. Vivienne Gadzekpo, Director of Legal Affairs at the Ministry of Petroleum and Awulae Amihere Kpanyinli III, Paramount Chief of the Eastern Nzema Traditional Area. The new Board, which replaced the first Board of the Company, was sworn into office on February 4, 2016. It is expected to shape the future of Ghana Gas and oversee the implementation of the second phase of the gas project. The Board also paid a courtesy call on the chiefs and people of the Eastern Nzema Traditional Area and assured the community of its commitment to address the concerns of the communities in which Ghana Gas operates. The CEO of Ghana Gas and member of the Board, Dr. Yankey, said Ghana Gas plans to roll out a series of corporate social responsibility interventions to support the developmental needs of the communities within its areas of operation. The chiefs, in response, assured the Board of their support and affirmed their continuous cooperation for the success of the gas project and its associated community projects.

2 March 2016 The new Board of the Ghana National Gas Company (Ghana Gas) has assured staff of their readiness to work with management of the gas processing company to resolve immediate challenges facing it. During its maiden visit to the gas facility, the Board said it will outline policies to make Ghana Gas financially independent and to ensure settlement of indebtedness by off-takers of the Company's products. The Volta River Authority (VRA), main downstream off-taker of lean gas, owes Ghana Gas over US$250 million for processed gas. Chairman of the Board, Mr. John Armstrong Yao Klinogo, made this assurance during a visit of the Board to the Atuabo Gas Processing Plant to familiarise themselves with operations of the Company Tuesday. Other members of the Board on the familiarisation tour were Dr. George Sipa-Adjah Yankey, CEO of Ghana Gas, Mr. Alexander Kofi-Mensah Mould, CEO of the Ghana National Petroleum Corporation (GNPC), Ms. Vivienne Gadzekpo, Director of Legal Affairs at the Ministry of Petroleum and Awulae Amihere Kpanyinli III, Paramount Chief of the Eastern Nzema Traditional Area. The new Board, which replaced the first Board of the Company, was sworn into office on February 4, 2016. It is expected to shape the future of Ghana Gas and oversee the implementation of the second phase of the gas project. The Board also paid a courtesy call on the chiefs and people of the Eastern Nzema Traditional Area and assured the community of its commitment to address the concerns of the communities in which Ghana Gas operates. The CEO of Ghana Gas and member of the Board, Dr. Yankey, said Ghana Gas plans to roll out a series of corporate social responsibility interventions to support the developmental needs of the communities within its areas of operation. The chiefs, in response, assured the Board of their support and affirmed their continuous cooperation for the success of the gas project and its associated community projects.

2 March 2016 The new Board of the Ghana National Gas Company (Ghana Gas) has assured staff of their readiness to work with management of the gas processing company to resolve immediate challenges facing it. During its maiden visit to the gas facility, the Board said it will outline policies to make Ghana Gas financially independent and to ensure settlement of indebtedness by off-takers of the Company's products. The Volta River Authority (VRA), main downstream off-taker of lean gas, owes Ghana Gas over US$250 million for processed gas. Chairman of the Board, Mr. John Armstrong Yao Klinogo, made this assurance during a visit of the Board to the Atuabo Gas Processing Plant to familiarise themselves with operations of the Company Tuesday. Other members of the Board on the familiarisation tour were Dr. George Sipa-Adjah Yankey, CEO of Ghana Gas, Mr. Alexander Kofi-Mensah Mould, CEO of the Ghana National Petroleum Corporation (GNPC), Ms. Vivienne Gadzekpo, Director of Legal Affairs at the Ministry of Petroleum and Awulae Amihere Kpanyinli III, Paramount Chief of the Eastern Nzema Traditional Area. The new Board, which replaced the first Board of the Company, was sworn into office on February 4, 2016. It is expected to shape the future of Ghana Gas and oversee the implementation of the second phase of the gas project. The Board also paid a courtesy call on the chiefs and people of the Eastern Nzema Traditional Area and assured the community of its commitment to address the concerns of the communities in which Ghana Gas operates. The CEO of Ghana Gas and member of the Board, Dr. Yankey, said Ghana Gas plans to roll out a series of corporate social responsibility interventions to support the developmental needs of the communities within its areas of operation. The chiefs, in response, assured the Board of their support and affirmed their continuous cooperation for the success of the gas project and its associated community projects.