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Tag: Gas

GRIDCo blames intermittent power cuts on limited gas supply

GRIDCo blames intermittent power cuts on limited gas supply

Ghana News
The Ghana Grid Company Limited (GRIDCo), has explained the cause of the power cuts being experienced in parts of the country. According to a statement issued by the company, there was limited gas supply to Tema leading to a shortage of 550MW at peak time. The shortage led to the power outage in some parts of the country on Thursday night. GRIDCo subsequently apologized for the inconvenience caused.
Fuel prices to fall between 2% and 9% from April 1

Fuel prices to fall between 2% and 9% from April 1

Ghana News, Headlines Today
Fuel prices will fall between 2% and 9% for the third consecutive time from April 1, 2023 with Liquefied Petroleum Gas (LPG) expected to witness its biggest decline in recent times. According to the Institute for Energy Security, LPG will go down by about 9%, whilst petrol and diesel will witness between 2% and 5% drop. The institute is attributing the drop to the stability of the cedi to the dollar and the easing of prices of finished products on the world market. “Fuel consumers must expect another round of fuel price drops in the coming days. The imminent price drop is a reflection of happenings on the world fuel market over the past two weeks which shows decline in prices of gasoline [petrol], Liquefied Petroleum Gas and some other finished products”, Nana Amoasi VII, Executi...

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