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Ghana pays Nigeria to avoid gas supply cut

The payment amounts to about ten percent of the total amount owed the gas company.

 

Ghanaians can heave a sigh of relief as the West African Pipeline will no longer cut gas supply to the country because of the debt owed it by the Volta River Authority.

The Power Ministry have intimated that government has paid a total amount of  $10 millon out of the $103 million it owes WAGPCO. The payment amounts to about ten percent of the total amount owed the gas company.

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According to Accra-based Joy FM, the decision not to curtail gas supply to Ghana was taken after the country paid the $10 million – roughly 10 per cent – of its debt to N-Gas.

The Nigerians suspended the decision to cut gas supply to Ghana after a delegation led by Power minister Dr. Kwabena Donkor traveled there to discuss ways of dealing with the debt impasse.

Related: > Dumsor Dumsor Energy crisis set to intensify as WAGPCO threatens to halt gas supplyEarlier, the Corporate Affairs Director of the West African Gas Pipeline Company (WAPCo) Harriet Wereko-Brobby confirmed the deferment to Starr News.

“N-Gas has decided to curtail the deferment and we'll issue a formal press statement later,” she told Starr Business, Friday. “Last night we received verbal information that pending the outcome of the negotiation curtailment has been deferred.”

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