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GHANA WEATHER

Minority in Parliament asks for review of GNPC-GENSER Gas Sales Agreement

Minority in Parliament
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By Dominic Hlordzi 

The Minority in Parliament says the Ghana National Petroleum Corporation, GNPC-Genser Gas Sales Agreement requires an urgent review to ensure a level playing field for all industry players and transparency in gas pricing.

The Minority Caucus is concerned that the deal combines the Gas Sales Agreement and the Gas Transmission Agreement, which does not ensure transparency in gas pricing. 

The Minority is worried about the shifting of the agreement from Ghana Gas Company and the signing of the agreement by GNPC when Ghana Gas is supposed to be the gas transmission utility. 

In a statement issued by the Minority in Parliament and signed by the Deputy Minority leader, Emmanuel Armah-Kofi Buah, questions how the discount given to Genser by GNPC for the Gas Transmission Agreement will be recovered and GNPC’s inability to explain satisfactorily. 

The Minority further requested the chairman of the Finance and Energy Committees to immediately convene a meeting to consider the Speaker of Parliament’s referral. 

The Minority stated that the GNPC-GENSER agreement raises significant concerns that cannot be overlooked.

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