• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Business

Ghana Flares $170 Million Worth of Natural Gas Amid Processing Constraints

2 months ago
in Business, Economy, Energy, Features, highlights, Home, home-news, latest News, Markets
1 min read
0 0
0
156
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

Ghana Flares $170 Million Worth of Natural Gas Amid Processing Constraints

Ghana flared an estimated $170 million worth of natural gas in 2023, according to the 2024 report from the Public Interest and Accountability Committee (PIAC), underscoring persistent infrastructure bottlenecks in the country’s upstream petroleum sector.

A total of 28.5 billion standard cubic feet of gas was lost through flaring—representing 10.4% of the 279.3 billion cubic feet of raw gas produced from the country’s three main oil fields: Jubilee, Sankofa-Gye Nyame (SGN) and Tweneboa-Enyenra-Ntomme (TEN).

The PIAC report, which tracks the management and use of petroleum revenues, described the development as both an environmental hazard and an economic misstep, particularly in a year marked by power supply constraints.

Although Ghana maintains a regulatory zero-flaring policy, enforcement remains constrained by technical and infrastructural limitations. The Atuabo gas processing plant—currently the country’s only major gas processing facility—lacks the capacity to process all the associated gas produced, leading to systematic flaring.

“Technically, no company is allowed by the Environmental Protection Agency (EPA) to flare gas. However, because the Atuabo plant cannot handle the full volume of associated gas, the excess is routinely flared,” said Richard Kojo Ellimah, a PIAC member.

Gas flaring has steadily increased in recent years. In 2022, flared volumes rose by 19.3% over the previous year to 21.2 billion cubic feet, reflecting deepening structural challenges in gas monetization.

RelatedPosts

Parliament Adjourns Sine Die After Intense Legislative Session Marked by Reform Calls and Tributes

GACL Terminates Evatex Revenue Assurance Contract Amid OSP Probe

Cyber Security Authority Flags Rising Mobile Data Scam, Cautions Public

Beyond the financial implications, the report raises concerns about the environmental and health impacts of gas flaring, particularly its contribution to greenhouse gas emissions and localized air pollution.

In response, the government has announced the planned construction of a second gas processing facility, known as GPPII. The plant, once completed, is expected to significantly reduce flaring by converting excess gas into usable energy and petrochemical feedstock.

Mr Ellimah described the project as “a national priority,” urging swift implementation to ensure completion within the next three years. “It was heartening to hear the minister confirm the cabinet’s approval. This is a complex and capital-intensive project, but it is crucial for both environmental sustainability and long-term economic resilience,” he said.

The development highlights the broader tension between Ghana’s ambitious energy goals and its underdeveloped infrastructure—an issue policymakers must urgently address to unlock the full value of the country’s petroleum resources.

Tags: $170 Million Worth of Natural GasghanaGhana Flares $170 Million Worth of Natural Gas Amid Processing ConstraintsNatural gasProcessing ConstraintsPublic Interest and Accountability Committee (PIAC)

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

No Result
View All Result

Highlights

Gov’t Reopens Talks With PayPal to Restore Full Service Access in Ghana

Financial Sector Assets up 34.6% in 2024 to GHS 525.59 Billion

Banking Sector Soundness Remains Robust in 2024 Amid Strong Profitability, Adequate Capital Buffers

Sha’Carri Richardson Withdraws from US Trials Following Arrest

From Singuluma to El Kaabi: Can CHAN 2024 Unleash the Next Hat-trick Hero?

Ghana to Welcome King’s Baton Relay on August 8 Ahead of 2026 Commonwealth Games

Trending

Features

Parliament Adjourns Sine Die After Intense Legislative Session Marked by Reform Calls and Tributes

August 2, 2025

Parliament Adjourns Sine Die After Intense Legislative Session Marked by Reform Calls and Tributes Parliament has adjourned...

GACL Terminates Evatex Revenue Assurance Contract Amid OSP Probe

August 2, 2025

Cyber Security Authority Flags Rising Mobile Data Scam, Cautions Public

August 2, 2025

Gov’t Reopens Talks With PayPal to Restore Full Service Access in Ghana

August 2, 2025
Bank of Ghana

Financial Sector Assets up 34.6% in 2024 to GHS 525.59 Billion

August 2, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.