New min­istry for power cri­sis

The Star Early Edition - - BUSINESS REPORT INTERNATIONAL -

GHANA’S Pres­i­dent John Ma­hama cre­ated a Min­istry of Power on Satur­day in a fresh bid to re­solve a long-stand­ing elec­tric­ity cri­sis that has slowed eco­nomic growth and frus­trated cit­i­zens with fre­quent power cuts. Kwabena Donkor, the chair­man of par­lia­ment’s en­ergy com­mit­tee, will head the new min­istry, ac­cord­ing to a state­ment from the pres­i­dency. Power pro­duc­tion was pre­vi­ously over­seen by the En­ergy Min­istry, which was also re­spon­si­ble for man­ag­ing Ghana’s up­stream oil and gas sec­tor. The west African state gen­er­ates much of its power from three hy­dro-elec­tric dams that do not pro­duce enough en­ergy to sat­isfy an econ­omy pro­jected to grow at 6.9 per­cent this year. It also im­ports nat­u­ral gas from Nige­ria via the West African Pipe­line Company and will soon have off­shore gas from the Ju­bilee field once a de­layed pipe­line and pro­cess­ing plant at Atu­abo comes on­line. – Reuters

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