Ghana Web: Atuabo Gas Plant Costing Ghana $219m Yearly From Underutilisation

Considering the fact that the Atuabo gas plant will provide cheap natural gas for energy generation, as well as provide numerous other opportunities that usually come with such industrial facilities, it was rightly labeled as an economic game changer. Constructed together with onshore delivery pipelines and other infrastructure, the total cost is estimated at approximately $1 billion. Some put the estimate at $1.5 billion.

Since its commissioning, the plant has run mostly one-third of its design capacity. For over nine months since its commissioning, it has barely run 50 MMscfd as opposed to its full design capacity of 150 MMscfd. This represents huge economic losses which when analyzed and quantified, leaves a lot of questions with few probable answers.

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