• 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’s Power Crisis Deepens as Gas Supply Curtailed over Mounting Debts

Energy supplier ENI cuts delivery amid $200m non-payment

10 months ago
in Business, Economy, Editor's pick, Energy, Features, highlights, Home, home-news, latest News, Lifestyle
1 min read
0 0
0
534
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

Ghana’s Power Crisis Deepens as Gas Supply Curtailed over Mounting Debts

Energy supplier ENI cuts delivery amid $200m non-payment 

Ghana’s electricity sector is facing severe disruption as Italian energy giant ENI has significantly curtailed gas supplies to the country, exposing the deepening financial crisis in West Africa’s once-celebrated power sector.

Industry sources reveal that ENI has reduced gas flows to 170-180 million standard cubic feet per day (mmscfd), down from previous levels of 246 mmscfd, citing unpaid debts exceeding $200 million. The government has reportedly settled less than 5% of the outstanding amount, despite repeated commitments from both the Ministry of Energy and Ghana National Petroleum Corporation (GNPC).

“This is a critical situation that threatens Ghana’s industrial output and economic stability,” said an energy analyst familiar with the matter. “The ripple effects are being felt across the entire power generation value chain.”

The crisis has been compounded by technical issues at the Atuabo Gas Processing Plant, which has struggled to maintain optimal operations even after scheduled maintenance in July. Furthermore, the West African Gas Pipeline Company (WAPCo) is grappling with mounting debts of over $20 million, although it has not yet implemented supply restrictions.

Independent Power Producers (IPPs) have begun withdrawing services, forcing the state-owned Volta River Authority (VRA) to rely increasingly on standby facilities such as the KTPP plant. The situation has severely impacted the reverse flow of gas from Takoradi to Tema, which are crucial industrial zones for Ghana’s economy.

RelatedPosts

BoG Forex Rules Aiming to Ease Dollar Demand, Shift Exchange Burden to Residents – Dr Theo Acheampong

Black Stars Begin 2026 World Cup Qualifying Campaign with Training in Accra; Set to Depart for Chad Today

Qatar Seeks to Deepen its Influence in Africa With $103bn Investment Pledge

This crisis emerges as Ghana navigates broader economic challenges, including ongoing discussions with international creditors over debt restructuring. Energy sector debts have long been identified as a significant fiscal risk to the country’s economic stability.

Industry experts warn that without immediate intervention and significant financial commitments, Ghana could face more severe power supply disruptions, locally known as “dumsor” – a term that haunted the country’s economic performance in previous years.

Tags: Energy supplier ENI cuts delivery amid $200m payment dispute

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

Bundesliga Faces Critical Challenge as Premier League Flexes Financial Muscle

US Open: Osaka Dominates Gauff; Swiatek Rolls into Quarters

GLD Posts First Price Gain in September as Market Indices Remain Unchanged

Samba Foods Signs MoU With Unifa Brothers to Revamp Production Lines

Methodist Church Ghana to Launch Connexional Entrepreneurship Programme – Presiding Bishop Asamoah-Gyadu Discloses

Rt. Rev. Emmanuel Ansah Urges Graduates to Embrace Failure as Methodist Church Ghana Outdoors First Cohort of Wesleyan Entrepreneurship School

Trending

Business

BoG Forex Rules Aiming to Ease Dollar Demand, Shift Exchange Burden to Residents – Dr Theo Acheampong

September 2, 2025

BoG Forex Rules Aiming to Ease Dollar Demand, Shift Exchange Burden to Residents – Dr Theo Acheampong...

Black Stars Begin 2026 World Cup Qualifying Campaign with Training in Accra; Set to Depart for Chad Today

September 2, 2025

Qatar Seeks to Deepen its Influence in Africa With $103bn Investment Pledge

September 2, 2025

Bundesliga Faces Critical Challenge as Premier League Flexes Financial Muscle

September 2, 2025

US Open: Osaka Dominates Gauff; Swiatek Rolls into Quarters

September 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.