Doubt over Ghana plans to import power from Turkey

Oil production in Turkey

Oil production in Turkey

from MALISE OTOO in Accra, Ghana
ACCRA, (CAJ News) – THE African Centre for Energy Policy (ACEP) has expressed doubt over Ghana’s pledge to bring in 450megawatts in emergency power from Turkey by April.

The organisaton instead, insisting that a December deadline was more likely.

“It will take about six months to do preparation for operation of the barges.

“So, if the Minister is promising to bring in the barges by April, I have my doubts especially when the site has not even been prepared,” said ACEP’s Dr Amin Mohammed.

Doubting the feasibility of the deal, he said Government was still yet to finalize the deal which has dragged on for a year.

“We have taken almost a year negotiating the barge. The first time Government announced was in June last year and up till now we have not finalized negotiations on the deal,” he said.

Mohammed said the deal was plagued by too many guarantees from the Turkish partners and suspects that Government would not be able to meet some conditions.

He said it would take at least six months to prepare Tema for the barge but Government’s announced deadline was only two months away.

“In view of the unfinished negotiations, ACEP is advising that Government should begin to moderate expectations they are building among Ghanaians especially industry so that they can plan properly.”

– CAJ News

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Posted by on Mar 12 2015. Filed under Energy, Finance, Finance & Banking, Oil & Gas. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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