The Petroleum Minister, Emmanuel Armah Kofi Buah, has said that Ghana has paid 30 million dollars of the reported 140 million dollars it owes the West African Gas Pipeline Company (WAPCo).

The company indicated in June 2016, that it had cut supply of gas to Ghana over the failure of government to pay its bills.
There have been suggestions that recent power cuts are as a result of Wapco’s decision to cut gas supply to Ghana.
However, Armah Kofi Buah, speaking after the Finance Minister, Seth Terkper, presented the supplementary budget to parliament on Monday, dismissed those assertions.
According to him, the recent shortfalls in the supply in gas from Nigeria, was not as a result of non-payment of debts, as government had initiated payments to the company.
“We had an issue with debt with Wapco; we were able to sit down with them in Abuja, we have a payment plan with the committee of ministers. The initial payment was 50 million, we’ve already done a plan, we’ve paid thirty million and we are making more payments. The issue is not payment. There’s no issue today with Wapco. We have a challenge and we are dealing with it. No excuses; but it’s a fact that we have had pipelines blown up in Nigeria,” he said.

THEUPDATESONLINE.COM is a reliable portal that gives updates to it cherished visitors. its a place where teaching and learning takes place, it gives updates on news around the world, Business and Financial tips, investment opportunities,reviews, and many more. There are currently 3 writers, ,Consultants, teachers and an editor making sure visitors get value for their time and money. The CEO of theupdatesonline.com is SIMON AHAFIA, he is a teacher, blogger, web developer , online marketer and an entrepreneur. He is also the CEO of SIMCEL GROUP.

Posted in News

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s


Do you have any article, news, press release or eyewitness report for publication? Send it to us and we will gladly work on it for you.


Do you have products and services you want to showcase on this website or portal? Just contact us and we will have a great deal.

WhatsApp: +233547489948

Need your own website/blog? Click below and get started

Enter your email address to follow this blog and receive notifications of new posts by email.

%d bloggers like this: